(What is this?)
Home > Spain > Property > News : UK investors 'will not abandon Spain'
Not registered?  Join IPIN now FREE   |  Forgot password?

UK investors 'will not abandon Spain'

Article Date : Friday, March 09, 2007       Bookmark on Facebook   Bookmark on Del   Bookmark on Digg   Bookmark on Facebook   Bookmark on Reddit   Bookmark on Spurl   Bookmark on Furl   Bookmark on Yahoo   Bookmark on Magnolia   Bookmark on StumbleUpon   Bookmark on BlinkList

Spain is set to become the number one European destination for British investors, according to Spanish Property Insight.

Spokesman Mark Stucklin said that despite recent reports of planning permission problems, there is no chance that people are going to desert Spain.

"There have been some scandals that people are aware of and there has been some bad press. That's an issue to be resolved. But I don't think people are going to abandon Spain just because of that," he said.

And despite the fact that inheritance tax applies to Brits who own property in Spain, investors are still interested in purchasing Spanish property, said Mr Stucklin.

He remarked that he is unaware of any cases where buyers have refrained from buying in Spain because of inheritance tax, although he emphasised that the laws vary from region to region.

If in doubt about the regulations, the best thing to do is to ask an independent lawyer, he added.

Earlier this week, currency specialist HiFX said that 55 per cent of all property enquiries from UK investors are about Spain and France.
Listing Separator

Related Articles

  1. Spain 'a great place to buy now'
  2. Overseas travel 'will not be crunched'
  3. Spanish property 'great for investment'
  4. US and European banks slash rates
  5. Spanish Budget for Deficit, not Recession in 2009



Listing Separator

Let us search for you Let Us find Property in Spain for You

Fill out a requirements form and our experts will help you find a great selection of Properties for sale in Spain.
Let us searchHelp me find property in Spain


Subscribe to This Feed

RSS News
Subscribe to this RSS Feed
Country: Spain
Channel: All

More RSS FeedsGo

Prices from only 585,853 AED

High yield commercial and residential investment opportunities. Arjan is a district in high demand at the heart of 'New Dubai'. Early entry investment, with 10 & 20 year leaseback options.

View Investor Report >>

View News by ChannelView News by Channel

Media/Press SectionProperty News Search


   

News ArchivesNews Archives

View worldwide property news from as far back as 2005 in our News Archives Section.

View News ArchivesGo