| FAIRWAY VILLA, PHASE 1 |
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| Location: HACIENDA DEL ALAMO |
| Floor space: 225 sqm |
| Bedrooms: 5 |
| Purchase price 795.000 Euros |
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| RESIDENCIAL SOL Y MAR |
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| Location: COMPLEJO - LOS NIETOS - MAR MENOR, MURCIA |
| Floor space: 102 sqm |
| Bedrooms: 3 |
| Purchase price 219.000 - 259.000 Euros |
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| FAIRWAY VILLA - ALHAMBRA |
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| Location: TRAMPOLIN HILLS GOLF RESORT |
| Floor space: 138 sqm |
| Bedrooms: 4 |
| Purchase price 299.000 Euros |
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| VILLA LOS BELONES |
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| Location: LA MANGA CLUB |
| Floor space: 390 sqm |
| Bedrooms: 5/7 |
| Purchase price 795.000 Euros |
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| VILLA LOS MOLINOS |
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| Location: LA MANGA CLUB |
| Floor space: 100 sqm |
| Bedrooms: 2 |
| Purchase price 345.000 Euros |
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| CORAL 4 E, PHASE 2 |
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| Location: HACIENDA DEL ALAMO |
| Floor space: 111 sqm |
| Bedrooms: 2 |
| Purchase price 269.500 Euros |
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Partly Cloudy
Temperature: 8°C
Humidity: 71%
Wind: WSW at 11 km/h |
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« Overview
| MONEY FOR NOTHING |
September 29th, 2007 |
The Spanish Prime Minister, Jose Luis Rodriguez Zapatero, has announced
that from 1st January 2008 non-homeowners between twenty-two and thirty
years of age will be entitled to receive €210 per month for a period of
four years, which will go towards paying the rent.
The Prime Minister, together with the Minister of Housing, Carme
Chacon, announced this groundbreaking scheme at a press conference that
was broadcast live across the nation. President Zapatero stated that
all young non-property owners aged between twenty-two and thirty will
also be entitled to receive a one-off payment of €600 that is to be
used towards a deposit/bond on a rental property. In order to qualify
for the €210 per month for four years and the €600 down payment, you
must be aged between twenty-two and thirty, you cannot be a homeowner,
you can be of any nationality, although if you are from a non EU
country you must be able to prove that you have resided in Spain for at
least four years. This benefit is available for self-employed people,
the unemployed receiving benefit, employees and students as long as
they are earning less than €22,000 per annum.
The Spanish government has set aside a whopping €436,500 million per
year to cover the cost of this new scheme. Whilst this may seem like an
open chequebook from Zapatero it will probably earn the Spanish
government money. You may be scratching your head and wondering why,
the answer is simple - taxes. Two thirds of all second homes in Spain
are unofficially rented out and the Spanish government receives no tax
from this economic activity. In order for those who qualify to claim
their benefit, the money must be paid directly to the homeowner who in
turn will have to declare the rental income. Nice little earner!
News provided by www.informernews.org
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