Playa Flamenca Villa

With the smaller villas starting at only 150,000 to 200,000 euros they are quite affordable for new home buyers. The larger 3 bedroom villas with at least 500 sqm of land will set you back at least 250,000 euros and more depending on the location.

The larger villas at Playa Flamenca are the ones that are sought after due to their land value. If you are buying for investment then look for something either unusual or that has one of the best locations. If you are looking for the best location then you have to look towards the beachside of the N332.

Home buyers would always prefer to buy nearer the sea and it is the cost of the properties that force people slightly further inland where they are cheaper. This is not too far inland though as the beach is only one kilometer away for most residents.

Large villas beachside in Playa Flamenca are highly sought after and it is because they rarely come onto the market. When they do and they are at least 3-bedrooms then they can command top value as the buyers will know that they will rise in value. There is only so much space to build on the beachside at Playa Flamenca so buying this type of property would be a sound investment.

You need to do some general market research when looking to buy a villa at Playa Flamenca. Have a look at the number of similar properties that are on the market. If you follow the market you will see how long it takes for this type of villa to sell. If it takes a while then these properties may not be the sound investment.

Tax boost for British ex-pats

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. The drop in tax means that investors will have to give up 50 per cent less to the Spanish government than they did before and also landlords will be able to cling onto more of their rental yields.At present, only over 65-year-olds who have lived in Spain for the last three years are exempt from CGT.Ian Smith, head of European operations at Halifax, said: "This is fantastic news for Britons living or working temporarily in Spain." Recent research from the Institute for Public Policy Research published earlier this month said that 760,000 Brits have fled their homeland for the sunnier climes of the Iberian peninsula; the second most popular country behind Australia and the only non-English speaking country in the top eight nations in which to settle overseas.The change in taxation will benefit those Brits who live temporarily in Spain or work there for short periods and are therefore not registered with the Spanish authorities as residents.