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Tuesday, 28 September 2010

Spanish Holiday Rental Income Tax Under Scrutiny

A new blog post by Anna Nicholas on MyTelegraph infers that officials are clamping down on owners of holiday homes in Spain who fail to declare their rental earnings to the Spanish tax office (La Hacienda).

MyTelegraph is a Telegraph Newspaper blog where expats share tips and tales of living abroad with other expats. The post from Nicholas argues that an estimated three billion euros is raised annually from non-disclosed holiday rentals, and that 55 per cent of property rentals are undeclared. The most concern seems to be around the areas of Madrid and Catalonia although the Balearic and Canary Islands are also under scrutiny, according to the blog.

It is something that hoteliers and hotel pressure groups in the Balearics and Spain have been campaigning against for some time and the post is based mostly on information from 2007.

The post argues that it has been fairly easy to avoid paying taxes on rental properties because La Hacienda has had no proper monitoring systems in place. However, the advent of more holiday homes being advertised on the internet has made the task of identification so much easier for the tax officers.

In Majorca the holiday rental community has apparently been thrown into panic by the latest crackdown. Often expats are willing to pay tax but meet with confusion when they do attempt to declare income – due to no clear guidelines and the regional government not having a system in place to assist foreigners with rental declaration and when.

But one of the comments on the post points out that the reason why many private owners do not register for tax is due to the difficulty they have in obtaining tourist licenses on their holiday homes and that any assumption that they're simply tax dodgers would be wholly unfair.

The same commentator suggests the authorities should introduce a proper accommodation grading and licensing system to protect tourists and give legitimate private owners a reason to come clean on tax. Data from holidaylettings.co.uk reveals that Spain is still the most popular holiday destination for those opting for private holiday rentals. Perhaps this is little surprise given the scale of holiday apartment construction that Spain has encouraged and sold to foreign investors in recent years. It would be a shame for the authorities to fail to notice also the value these homes and their transient guests bring to the local Spanish economies.

Source:- www.holidaylettings.co.uk

http://www.buyin-fuerteventura.com

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Saturday, 25 September 2010

4 Bedroom Villa For Sale In Corralejo, Fuerteventura, Canary Islands, Spain



Beds : 4 Baths: 3






Price : 295,000 Euros







A fabulous 2 storey house on a corner plot with a large kitchen, four double bedrooms, large swimming pool, covered bar area and great views over the Dunes Natural Park on the outskirts of Corralejo, Fuerteventura

Close to the Campanario Shopping Centre and just a short distance to the town centre and the beaches.






















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Friday, 17 September 2010

Frontline Beach Villa in Corralejo, Fuerteventura, Canaries, Spain


Beds : 2 Baths: 3

Built : 180 m2 Plot : 725 m2
Price : 850,000 Euros
A exceptional opportunity to purchase an exclusive front line villa in Corralejo. This spectacular property comes fully furnished with jacuzzi and sauna included. With unparalleled views to Lobos and Lanzarote this is an opportunity not to be missed.
Situated in the north of Fuerteventura and just a short distance to some of the best beaches in the world.

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Wednesday, 15 September 2010

3 Bedroom Frontline Villa For Sale In Corralejo, Fuertventura, Canary Islands, Spain






Beds : 3 Baths: 2

Built : 164 m2 Plot : 380 m2

Price : 550,000 Euros



A spectacular 3 bedroom, front line villa. The property benefits from a private swimming pool, sauna, large roof terrace and a double garage. Situated front line to the sea, the property has uninterrupted views to Lanzarote and Lobos.
The property for sale is close to the centre of Corralejo , in the north of Fuerteventura, with its shops and supermarkets and lively nightlife.









http://www.buyin-fuerteventura.com







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Monday, 13 September 2010

Villa For Sale With Rental Opportunity In Lajares, Fuerteventura, Canaries, Spain




Beds : 3 Baths: 3

Price : 400,000 Euros






Unique opportunity to buy a rustic villa comprising of a main 2 bedroom house with fireplace and mezzanine floor leading to terrace and gardens and to 2 independent 1 bedroom bungalow apartments suitable for rental. Panoramic countryside views.
Situated in the village of Lajares in the north of Fuerteventura, just a 15 minute drive from Corralejo, the village has a large supermarket and a good selection of bars and restaurants.
The property is offered for sale by GoldAcre Estates.



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Saturday, 11 September 2010

Three Bedroom Golf Villa For Sale in Caleta de Fuste, Fuerteventura, Canary Islands, Spain



Beds : 3 Baths: 3

Built : 181 m2 Plot : 714 m2


PriceEuros : 388,500 €




A perfectly situated 3 bedroom villa located on the front line of one of Fuerteventura's professional golf courses in Caleta de Fuste. The property offers a private swimming pool, large roof terrace and very generous sized bedrooms.
The property for sale comes with a fully fitted kitchen. The golf course is close to a large commercial centre with shops, bars and cinema.

















http://www.buyin-fuerteventura.com/












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Friday, 10 September 2010

Las Palmeras Shopping Centre In Corralejo Now Officially Open


Corralejo's newest shopping centre in Fuerteventura is now officially open for business.

Over the last few weeks more and more shops have been opening their doors to the public as the shopping centre slowly comes to life, but at a simple ceremony today (10th September 2010) the centre was officially opened.

Las Palmeras is situated on Corralejo's main street and covers three floors with car parking below the centre. In the design of the centre access has been an important feature with lifts and escalators connecting all floors.

Raul Aro Perez, the commercial centre director said, "We are very excited that all the hard work has been worth while and that the shopping cente is now open, this is a very exciting time".

Some of the shops now open include, Zara, Fund Grub, Natural, Stradiverious, Espirit, with a total of 27 being open eventually.


On the lower floor of the development is a large supermarket operated by "Spar". The modern bright store has a fresh meat and fish section and a large fresh vegetable department. Next to the supermarket is a coffee shop and cafe where wives can park their husbands while they attend to the shopping. The cafe has internet and WiFi facilities.

BuyIn Fuerteventura who attended the opening ceremony of the commercial centre believe that the centre will be a huge boost for residents and the tourists of Corralejo.

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Wednesday, 8 September 2010

3 Bedroom Villa For Sale In Corralejo, Fuerteventura, Canaries, Spain


Beds : 3 Baths: 2

Built : 217 m2

Price :333,000 Euros
Detached triplex luxury villa right in the heart of Corralejo in a quiet cul-de-sac just a short walk to the beach. This private residence has its own swimming pool with multiple terraces, a large basement, private car parking and secure gating.

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Tuesday, 7 September 2010

Villa For Sale In VillaVerde, La Oliva, Fuerteventura, Canary Islands, Spain





Beds : 3 Baths: 2

Built : 180 m2 Plot : 1900 m2

Price : 295,000 Euros
This beautiful villa occupies a quiet cul de sac position in the tranquil countryside of Villaverde in Fuerteventura. Sold unfurnished, this detached 3 bedroom single floor property has a private swimming pool with jacuzzi and mature gardens throughout the large plot.
Villaverde is just a few minutes drive from Corralejo and its wonderful beaches and many shops, restaurants and bars can be found in the village.

ID.: -1103765221

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Monday, 6 September 2010

Villa For Sale In Tindaya, La Oliva, Fuerteventura, Canaries, Spain


Beds : 3 Baths: 3

Built : 173 m2 Plot : 1100 m2

Price : 227,500 Euros


Fabulous villa with an extra studio upstairs and a small guest house. Lovely mature gardens and beautiful views to tindaya mountain. This is a fantastic opportunity at a great price to live in the tranquil village of Tindaya in the Municipality of La Oliva. The fabulous beaches of Corralejo and El Cotillo are just a short drive away.

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Saturday, 4 September 2010

4 Bedroom Villa For sale In Villaverde, Fuerteventura, Canary Islands, Spain






Beds : 4 Baths: 2

Plot : 1700 m2


Price : 220,ooo Euros

A 4 bedroom detached villa in quiet surroundings in the village of Villaverde. Set in its own large plot with roof terrace and private heated swimming pool. Car port for three cars.

The property is close to shops and restaurants and Corralejo is just a short drive away.











Property ID 1158075195

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Friday, 3 September 2010

New Queen Elizabeth Cruise Liner To Visit The Canaries On Her Maiden Voyage


The Queen is to officially name Cunards new £400m Queen Elizabeth cruise liner in Southampton on 11th October 2010 before the ship sails on its maiden voyage, to the Canary Islands, the next day. The Queen Elizabeth's maiden voyage is a 13-night cruise to the Canaries, with fares ranging from £1,489 to £15,799 per person.

The Queen will attend the ceremony in Southampton on 11 October, The QE is seen as the successor to the QE2 which ended its life as an ocean liner in 2008 and was sold to Dubai-based property developers Nakheel. The new ship means that Cunard's fleet will again have three Queens, along with the Queen Mary 2 and Queen Victoria.

The Queen named the QE2 on the Clyde in 1967 and was at Southampton in 2004 to name the Queen Mary 2. Her Majesty was also present in 1938 when her mother, then Queen Elizabeth, launched the first Queen Elizabeth liner, also on the Clyde.

Peter Shanks, Cunard president and managing director, said: "We are both honoured and proud that Her Majesty will name our new liner Queen Elizabeth."

The 90,000-tonne vessel has been built at the Fincantieri shipyard near Trieste in Italy.

Queen Elizabeth - or just QE as the ship is already being called - is one foot longer and one foot wider than the QE2. But with 16 decks, it is much taller, view the BBC news clip of the new ship.

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Villa For Sale, La Oliva, Fuerteventura, Canaries, Spain




Beds : 3 Baths: 2

Built : 135 m2 Plot : 264 m2
Price : 213,000 Euros
A charming residential property converted to 5 bedrooms over 2 floors with a large covered terrace with BBQ, bar and entertaining area, close to the centre of La Oliva, shops & restaurants, municiple heated pool and a short drive to local beach. Regular bus route to the beaches of Corralejo and El Cotillo.


http://www.buyin-fuerteventura.com

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Thursday, 2 September 2010

For Sale 2 Bedroom Villa, La Capellania, Fuerteventura, Canaries, Spain


Price: 140,000 Euros


Bedrooms : 2 Baths: 1

Built : 83 m2 Plot : 250 m2

ID.: -1031520169



A wonderful fully furnished villa with a large lounge and a high quality kitchen. Property comes with private swimming pool in a large terraced garden. Private off road parking and a separate utility room. Supermarket, cinema, bars and restaurants within walking distance. The tourist resort of Corralejo is just a short drve away.



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Wednesday, 1 September 2010

Apartment For Sale, Corralejo, Fuerteventura, Canary Islands, Spain



Bedrooms: 2 Bathrooms: 1
Build: 90 sq m


Price: 115,000 Euros





A very well appointed and smartly decorated top floor apartment with excellent kitchen and living area. A huge private roof terrace offers fabulous views over Corralejo of the sea, Lobos Island and Lanzarote. Communal pool and private parking also included.









http://www.buyin-fuerteventura.com/

























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