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New Laws Passed in Spain for Second Home Owners.

The Spanish government has released new laws regarding second homes in Spain. Presently all home owners are eligible for Tax relief on any properties they own. As from 2011, any body purchasing property as a second home will not receive the same tax benefits.

If you have already purchased property before this date, you will continue to receive the Tax benefits you have. This seems to be a push from the Spanish government to start the property market ticking. With Spanish economic growth heavily based on this market, the dramatic decline in property sales has played and continues to play a huge role in the economy. If the government can kick start this industry, it would definitely be a massive help to end the Crisis.

Tate Properties in Los Cristianos, have many properties for sale at rock bottom prices. The property market is now open to ridiculous offers, and many people are investing the money in pre closure offers. There are huge profits to be made, if you have the available cash to invest.

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C.C Bahia de Los Cristianos,
Local No.12,Avenida Juan Carlos I,
Los Cristianos, Arona, 38650,
Santa Cruz de Tenerife

(+34) 922 78 77 17 | (UK) 0844 734 8605
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