The new political change in Andalucía has brought along a huge tax reform regarding inheritance tax, which was long overdue. This new reform reduces considerably the IHT (ISD in Spain) not only exempting those inheritances with an estate value under 1.000.000 euros, but will also apply a 99% reduction for those that exceed this amount.The run for this reform started off with the previous governing party amending article 22 of the ... [Read More]
Record-breaking 13 million tourists expected to choose the Costa del Sol in 2019
The Costa del Sol will for the first time in its history receive over 13 million visitors this year. Closing out its best winter yet, the expected increase of 4.1% to the year before paints a rosy picture for the coming high season, according to recent estimates by the president of the Tourism Board, Francisco Salado.A record-breaking 7,327,200 travelers are expected to choose the Costa del Sol as their destination this summer between June ... [Read More]
Värde Partners to manage Sareb residential development portfolio in Spain valued at €800m
Global alternative investment firm, Värde Partners have announced an agreement with Sareb to manage a portfolio of residential development assets in Spain valued at over €800 million.The agreement includes a 10 per cent stake in Sareb’s newly-formed Bank Asset Fund holding the portfolio, and will be managed and developed independently by Aelca, a Spanish residential developer and asset management company acquired by Värde-owned Via ... [Read More]
Malaga tops list ranking best cities in Spain for culture
Malaga gained 5th place in a recent list ranking the top 10 cities in Spain with the best culture offerings.Spain is known worldwide for its rich cultural heritage, top-quality gastronomic scene and some of the world's finest architecture and monuments. Surveyed by a new German vacation rentals platform Holidu, cities were ranked according to the number of cultural landmarks located in each, and the favourable ranking of Malaga, beating ... [Read More]
Benalmadena favourite ‘Restaurante Los Marinos José’ receives prestigious Gurmé Malaga award
A long-time local favourite, Benalmadena's 'Restaurante Los Marinos José' has been awarded the Nº3 European Heritage Restaurant for 2019. Ranked best in its category of traditional cuisine in Andalucía by a professional jury, Los Marinos José specialises in seafood and is one of the Costa del Sol's longest serving and most prized gems in the area.Powered by abc.es, Gurmé Malaga is a renowned platform dedicated exclusively to the ... [Read More]
