Spain
Still popular with the British, because of its proximity and most people speak English. A little crowded in certain coastal areas, but still possible to buy into this lifestyle of sunshine and Sangria if you move away from the established Costas.
Capital city: Madrid
Language: Spanish
Religion: Christian
Currency: Euro
Climate: Continental, with hot dry summers and mild winters along the Southern coast.
Time zone: CET4 (UTC+1) - Summer (DST) CEST (UTC+2)
Getting there: Cheap flights abound.
Buyer’s guide
Taxes and fees around 10% 0f the purchase price. Transfer tax of 7% is applied on re-sales, which includes stamp duty. Land or commercial property VAT of 16% is applied. Legal fees of around 1% and Notary fees of 0.5% should be expected. Agents’ fees vary between 2%-15%.
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