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Mallorca

Unique townhouse which was renovated in 2002 and is situate on the edge of a quiet traditional village.

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PRESS

Jan 09, 2008: New Tax on Car registration in Spain

Dec 20, 2007: Ryan Air Opens Summer Route

Dec 11, 2007: Skiing

Dec 10, 2007: Spanish PM vows to eliminate wealth tax if reelected

Dec 04, 2007: Lorca

» Jan 09, 2008: As of January 1, the amount paid to register a new car in Spain will be dictated by its(CO2) emissions, historically is was measured by engine size. The main benefit will be to owners of diesel-driven cars, as they emit less CO2 than engines powered by petrol.Vehicles that produce less than 120 grams of CO2 per kilometre will be exempt from paying the fee altogether, whereas more powerful vehicles with a higher fuel consumption will face higher taxes. The cost is set according to four levels of CO2 production, ranging from the 120-gram drop-off point. Vehicles that emit from 120 to 160 grams per kilometre pay 4.75 per cent of the factory cost of the new vehicle. Those that emit from 160 to 200 grams pay 9.75 per cent, and vehicles that emit more than 200 grams of CO2 per kilometre, including 4x4s, jet-skis and quads, pay 14.75 per cent. The move is primarily aimed at encouraging the use of environmentally-friendly vehicles in a bid to cut down on greenhouse emissions and help the environment. Representatives of the national car-manufacturing committee believe that it will also benefit Spanish industry, as mid and mid/low-range vehicles are the most manufactured and sold in the country. According to initial estimates, up to 70 per cent of all new vehicles registered each year in Spain – an average 1.1 million vehicles - will pay less tax thanks to the legislation reform. However, the law is viewed as unfair as diesel engines emit various other polluting elements as well as CO2. The tax reform also entails the elimination of the Plan Prever, by which purchasers enjoyed a 480-euro reduction in registration tax in exchange for handing over an old car aged over 10 years old. However, certain regional governments - including Andalucía – have announced a series of grants of up to 3,000 euros for buyers that choose hybrid vehicles such as the Toyota Plus or the Honda Civic IMA.

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» Dec 20, 2007: Ryan Air are resuming the summer route from London Stansted to Almeria, Spain from the 30th March 2008. Almeria airport serves the resorts of Mojacar in the North and Rocquetas in the south and the National park of Cabo de Gata.

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» Dec 11, 2007:

Sierra Nevada Ski Resort Opens for 2007/2008 Season

Europe's southern-most ski resort and home to Spain's highest mountains, is open for the season, fantastic conditions with a good base of snow coupled with a blue sky greeting skiers this weekend for the first weekend of the season. Towards the end of the season it is possible to ski in the morning and sunbathe in the afternoon on the Costa del Sol.

Southern Spain isn't normally associated with snow, but the combination of the Sierra Nevada's altitude (it is the highest part of Spain) and proximity to the Mediterranean means a good combination of snow and relatively warm weather. In recent years, however, snow machines have had to be brought in to guarantee snow throughout the season.

Skiing in Sierra Nevada at a Glance

· ResortVillage: Pradollano (at 2100m/6889feet)

· Nearest City: Granada (37km)

· Season Length: December - April

· Number & Types of Slopes:

o Green ski runs: 8

o Blue ski runs: 33

o Red ski runs: 34

o Black ski runs: 4

· Night Skiing?: Yes

· Other features: Halfpipe for snowboarding, parking lot for nearly 3,000 cars

Contact Details: Sierra Nevada Club Booking Office
Plaza de Andalucía, 4
18196
Monachil
Granada
Tel +34 902708090 /Fax +34 958249146

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» Dec 10, 2007:

Spanish Prime Minister Jose Luis Rodriguez Zapatero said Tuesday he would eliminate the wealth tax if reelected in a general election in March, adding that he saw room for further tax cuts.

"One of the first decisions we would take at the beginning of the next legislature would be the elimination of the wealth tax," he told a business conference in Madrid. "During this legislature several moderate tax reductions have been carried out. My diagnosis is that there is still room for manoeuvre to lower them, prudently," he added.

Spain's wealth tax is levied on a resident's total assets -- such as property, cars and cash -- minus any debts and allowable deductions. It is collected by Spain's regional governments and raises a relatively modest amount of about 1.4 billion euros (2.05 billion US dollars) per year. Zapatero said the central government would compensate regional governments for the lost revenue, adding the wealth tax had already been eliminated by most other European countries. The leader of the main opposition Popular Party, Mariano Rajoy, promised in July to eliminate the wealth tax. One of Spain's largest trade union confederations, CCOO, swifty condemned the promise, saying the tax was a useful tool to force taxpayers to declare what assets they owned even if it did not put much money in state coffers. Zapatero predicted the public surplus would represent 1.8 percent of gross domestic product in 2007, the same level as last year.

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» Dec 04, 2007: I

Lorca

In recent years southern Spain has offered the lifestyle homebuyer little choices when it comes to supply of new rural properties with a usable plot of land for any purpose other than a small swimming pool or large sun terrace. Developers with a constant eye on profitability and town planners, always so keen to collaborate have been producing bungalows or cortijos as they are referred to in the local language with gardens of no more than one third of an acre. This leaves the buyer looking for new properties with larger plots stranded or forced to stray in to the hazardous path of investment in old rural property which are often mine laden ruins with hand written deeds resulting in more paperwork delay than the estimated reconstruction time. The third alternative has been to buy and develop ones own plot, another often expensive, worrying and time consuming process, which in a foreign language is undoubtedly an exercise that most people would happily avoid.

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