Spain’s landlords add to rising state debt

More than half of Spain’s landlords are dodging taxes as the rental market expands, depriving the financially strapped government of more revenue each year.
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Rentals on the Costa del sol

I just want to announce that our rental section is finally live on the website. So whether its long term or holiday rentals in Benalmadena, Fuengirola or Mijas have a look at our site. You will also find the prices quite competitive compared to many rental websites.

Also unlike many rental agencies on the Costa del Sol, for long term rentals you the tenant are only required to pay a security deposit, which is fully refundable minus any damages, and the first month rent.

I’ve created a new category ‘Rentals on the Costa del Sol’ which can be found on the right hand side of this page with several links to the rental section on our site. Or simply visit our website and click on the rental section for the full rental search.

Regards
Andrew Belles

Future boon to Costa del Sol properties

Well in a positive sign of future development projects the Junta the Andalucia has approached the European Investment Bank (EIB) to seek funding for the Costa del Sol train network that will connect Fuengirola to Estepona.

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Hiding from the Spanish Taxman

According to experts at the Spanish tax ministry (Gestha) around 36.800 properties are being rented in the province of Malaga, and are not declaring it to the taxman!!! According to these same experts this amounts to an income of 65.3 million euros a year. Still further around 73.6% of all rentals in the region of Andalucía or around 184.000 properties escape the taxman.

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