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Solx Properties™

Homes For Sale Near Me

Sotogrande

It's your journey, we're here to help

Tourist-attractive vacation spot

Costa del Sol is definitely a hotspot for travelers, that has an average of 13 million sightseers discovering the region. Long-term rentals generate about 4.00% to 5.15% gross rental return, while holiday rentals typically fetch greater rates. This is why buy-to-rent in Costa del Sol would be the smart choice.

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Property tax

The Andalusian authorities has recently sanctioned a decree that includes a reduction in transfer tax. Therefore, your budget goes a little further: no huge government tax bill to concern yourself with. This can give you additional money to spend towards your home purchase. A Costa del Sol investment property is your answer.

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Excellent climate

Costa del Sol has over 320 days of sunlight throughout the year, making it a great place to go for beach recreational activities. Covering 160 kms of scenic shoreline, the Costa del Sol waves along with its sandy beaches, mystery coves, along with a number of exciting aquatic sports to try out.

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Abrogating the wealth tax

Spain has recently announced the abolition of the wealth tax beginning in 2023. The idea would be to make residency in the region more attractive to global buyers. Government bodies predict that around 7,000 affluent people will be attracted to this action each year. Find out about the superior benefits your hard earned money can yield in Costa del Sol.

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Homes For Sale Near Me in Sotogrande

Homes For Sale Near Me: As an investment offers you all the advantages of a second home. You can enjoy it for your holidays, without the stress of maintenance or management. Logically, the main advantage of this option is the possibility of earning passive income from your initial investment.

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Frequently Asked Questions

  • New builds; 10% VAT.
  • Lawyer; 1%
  • Notary; 1.5% to 2%

The minimum budget is approximately 350,000€ for a two-bedroom unit. To purchase a fully detached villa/house, the budget is 1,000,000€.

Most new build timelines will vary from development to development. However, on average a new build can take two years to complete.

The general rule of thumb is, if you rent your property out in the high season (June, July and August) 12-15 weeks with a 70% mortgage, that will pay for all your expenses (community fees, property tax and payment of the mortgage) for one full year!

Currently, real estate pricing increases approximately 8% annually.

We help expats, summer home seekers, retirees, and investors to experience the fun, the Spanish sun, and dream lifestyle that the Costa del Sol has to offer. Based in Marbella Spain, we deliver through our exceptional service, extensive expertise, a wide range of offerings to help our clients find their dream homes. We strive to help our clients find their ideal Spanish place under the sol by providing service beyond the sale and turning their dreams into reality.  We have more than 27 years of experience in the Costa del Sol residential property market. Start your journey with us on WhatsApp.

We highly recommend getting in touch with us for an open, honest, and easy to understand conversation. We’ll get to know you and then explain the options available. There’s no obligation to take your journey further, although we think you’ll definitely want to! Start your journey with us on WhatsApp.
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