Playa Flamenca Apartment Sales

Before you buy an apartment at Playa Flamenca just ensure that you do your homework soon. If you do it should pay dividends later on should you decide to rent or sell.

Playa Flamenca townhouses are one of the most common property models you will find in the area. With a range of sizes from small 1-bedroom up to 4-bedroom properties available there is something for everyones budget. The townhouses offer a compact living space though there are always front and rear patio areas where you can barbecue and do a little sunbathing or just watch the world go by from your front patio.

The townhouses at Playa Flamenca are popular with second home buyers and the retired due to their range of budget. While a small townhouse in the area can start as little as 110,000 euros the larger models can reach as high as 200,000 euros.

Tax boost for British ex-pats

Brits living or working temporarily in Spain will receive a late Christmas present from the Spanish government this festive season; a cut in their capital gains tax (CGT) by almost a half. Currently, residents are charged 35 per cent CGT on property sales and personal income but this is set to drop to just 18 per cent. The Spanish government has been ordered by to make the change by the European Courts, which upheld a complaint that it was unfair for foreigners to be charged 35 per cent while Spanish nationals were entitled to pay 18 per cent. Now that this will change from January 1st, not only will Brits currently living in Spain save thousands of pounds every year, but property investors who are strapped for cash, will have much more incentive to force their way into what is becoming a mature housing market.