The apartment is located at the top of Portals Nous. 100m2 in size. Fireplace, storeroom, satellite, parking space. For more information see ref R693 here.
Monday 28 May 2012
Beautifully renovated apartment for long term rental
The apartment is located at the top of Portals Nous. 100m2 in size. Fireplace, storeroom, satellite, parking space. For more information see ref R693 here.
Tuesday 15 May 2012
Update on Property Taxes
In order to
encourage real estate property investments, the Spanish Government has approved
a Royal Decree to be effective as from 11th May.
Here is an
overview of the new provisions. For details as to how it might affect you please
contact your financial advisor or us Bufete Morell.
The main
measure is a reduction of 50% in the Capital Gains Tax on sale proceeds for
properties bought between 12th May and 31st December
2012. This is regardless the future sale date.
The tax
remission benefits both natural persons (residents and non-residents) and legal
entities, under the following conditions:
-
The property must have been purchased between 12th May and 31st December 2012
-
It must be an urban property (residential or commercial)
-
The buyer and seller should not have any connection, either corporate or family
- The property should not be considered a commercial development or venture.
The tax
reduction will be applied in the annual Income Tax declaration or in the
company tax of the fiscal year in which the capital gain was generated.
Provided that
the applicant meets all necessary requirements, the capital gain to a non-Spanish
tax resident on sale of a Spanish property is taxed as follows:
Sale in
2012-2013
Before: 21 %
Now: 10,5 %
Sale in 2014
or after:
Before: 19%
Now: 9,5 %
The tax on
capital gain to a Spanish tax resident is as follows:
Sale in
2012-2013
Before: until 27% (depending on Gain)
Now: until 13,5 %
Sale from
2014
on
Before: until 21%
Now: until 10,5 %
In the case
of companies, the Capital Gain is taxed at approximately 15%.
We would like
to remind you that the tax for newly constructed properties remains at 4%
until 31st December 2012.
Thursday 10 May 2012
Sunny villa near to the golf course and country club
Open plan living and dining area
Private garden and patio area brings the plot to a total of 450m2
The attractive complex of Las Abubillas is an exclusive complex next to the Santa Ponsa Golf and Country Club.
The villa is available for sale see here http://www.nashhomesmallorca.com/property/display/1353 and for long term rental, if that suits you, see here http://www.nashhomesmallorca.com/property/display/r691
Summer is here!
6pm last night ...... after a glorious cloudless day. The view over Puerto Portals marina is stunning.
Just a few ripples on the water, very little breeze
The sandy beach is yet to be cleaned, but will be soon!!
The weekend is soon to begin.
Bright and fully renovated apartment for rental
Not all our long term properties are high priced - this delightful one bedroom apartment is 600 euros per month, based on long term rental contract.
Fully renovated throughout the modern red floral pattern on the sofas create a bright atmosphere.
The bathroom is tastefully renovated with stylish tiling and bathroom suite
Just a few minutes walk from the village of Portals Nous, and down to the marina of Puerto Portals and the marina, this cute apartment is certainly one to consider for a single person or a couple to use as a base whilst here on the island. For more information see our website here http://www.nashhomesmallorca.com/property/display/r688
Thursday 3 May 2012
Good Morning Sunshine!
A photograph taken just an hour ago this morning, overlooking the marina of Puerto Portals.
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