Laura Hamilton

Laura Hamilton Instagram – I am constantly being asked this question…
“What do you think about the proposed increase in property tax in Spain?” So here are my honest thoughts…
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Let’s start with the facts, This was part of a 12-point proposal aimed at tackling Spain’s housing crisis, but it’s far from being law.
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Here’s why I’m not losing sleep over it:
1. It’s just a proposal.
Pedro Sánchez leads a minority government, so pushing through new taxes on non-EU buyers? Unlikely.
2. Taxes are regional.
There are 17 autonomous regions in Spain, each with the power to set their own purchase transfer tax. Getting them all to agree? Also unlikely.
3. Non-EU buyers only make up 3% of property transactions in Spain.
So targeting them won’t fix the housing crisis.
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And let’s not forget: Spain thrives on tourism.
The majority of locals want visitors and foreign investment. Tourism is vital, and welcomed.
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So…Thinking of booking a holiday to Spain? Do it.
Considering buying a home here? There’s no time like the present.
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#PropertyInSpain #SpanishProperty #PropertyExpert #RealTalk #SpainLife #InvestmentProperty #myopinion @mypropertyabroad | Posted on 18/Apr/2025 10:11:52