The Brexit and its consequences for Mallorcan property market

By AdmSolJM16 27 July, 2016

Much has been said in the last weeks of the consequences of Brexit for the property market in Mallorca and Spain. Since the referendum held last June, the pound has dropped more than 10% in value. Because of this, several investment funds in the Balearic property sector suspended trading before the rain redemption orders. So, […]Continue reading

Modifications relating to inheritance tax in the Balearic Islands, 2016.

By AdmSolJM16 2 February, 2016

Last October, the Balearic Islands Government announced a general tax increase, which has been materialized with the arrival of the new year in the budgets of the CAIB. This represent an increase of 65% in revenues from Inheritance and Donations Tax, 45% Tax Heritage and 18.16% for Property Transfer Tax. At be repealed regional deduction […]Continue reading

Mallorca Solicitors, Property Legal Advisors

Tag: property market

The Brexit and its consequences for Mallorcan property market

Modifications relating to inheritance tax in the Balearic Islands, 2016.