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XNET Real Estate Directory
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Can financing a purchase really save you money? You have 1.000.000 euros to spend on a property in Mallorca, logic would tell you that you might as well buy the property outright? Well, maybe not! There is an annual tax in Mallorca (Majorca) for non-resident owners of real estate know as Wealth Tax. This is a small tax on the equity in the property.
Why is it charged? Well, from a fiscal point of view, the Spanish authorities see properties in Mallorca, owned by foreigners, as luxuries. Not ...
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So you've got your mortgage loan approval and are ready to look for a home. Here's a couple of ideas to keep in mind when looking for the right home for you.
If you love gardening, you'll enjoy finding a home with a large yard, maybe something with ornamental shrubs or even a vegetable garden. Existing gardens or not, a green thumb can make any yard beautiful. However, if you've got no time for working in the garden, you'll prefer a low-maintenance, small yard. In fact, a town home with a ...
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There are many economic and market forecasts and predictions, however the bottom line is if you want to buy your first home—there is no wrong time. There is because the motivation to buy is not determined by regional market conditions or by location.
Industry opinions, economic reports and investor speculation do not sway or predict when a particular individual will be ready to buy. For the great majority of folks, the most compelling reasons to buy a home are based on individual ...
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