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Solx Properties™

Real Estate Expert

Sotogrande

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

Tourist-favorite vacation spot

Costa del Sol is a hotspot for vacationers, with an average of thirteen million sightseers discovering the region. Long-term rentals give around 4.00% to 5.15% gross rental yield, while holiday rentals often get higher rates. For this reason, buy-to-rent in Costa del Sol is the next decision.

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Reduced transfer tax

The Andalusian authorities has authorized a decree that features a reduction in transfer tax. Consequently, your budget goes a little bit further: no huge tax bill to concern yourself with. There will be additional money available for you to make use of to buy a property. A Costa del Sol investment property is your solution.

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Superb climate conditions

The Costa del Sol basks in sunshine for over 320 days, offering a continuous beach front escape. Stretching 160 kilometers along the coast, the Costa del Sol offers many exotic beaches and also secret coves to explore, along with a chance to bask in water-based activities.

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Wealth tax removal

Spain declared the abolishment the wealth tax in the 2023 tax year. The idea would be to make residency in the area more desirable to international customers. Administrators hopes that around 7,000 affluent folks will be attracted to this initiative every year. Learn how your money could go the extra mile in Costa del Sol.

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Real Estate Expert in Sotogrande

Real Estate Expert: 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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