It has been reported in Spain that on-the-ground inspections of unlicensed tourist rentals are set to begin this month. The Irish Times reported in early 2016 that registering tourist properties would become obligatory under the newly introduced Vivienda con Fines Turísticos (VFT). The law, introduced by the ‘Registro de Turismo …
Property Logic – Moroccan Developer This piece of advice on the Moroccan market was very kindly written by Jorge Garcia Larios who is a property expert based in Melilla, a Spanish enclave in Morocco. It deals with the topic of developers that are experiencing financial difficulties but still maintain assets in …
French Leaseback Scam – Sold on Guaranteed rental, VAT rebate & as a ‘hands off’ investment. Beware the hype – you’ll be told otherwise when you purchase, but leasebacks are all but impossible to sell.
Eddie Hobbs is currently promoting investment in US Property widely in large ads across the Irish media – is this something the average investor should consider?
The French government announced tax hikes on Foreign Property Owners. Tax on rental income could rise from 20% to 35.5%, applied retrospectively from January 1, 2012 and CGT on sales would rise from 19% to 34.5% from the end of July.
Many of the locations in which Irish investors have put their money have struggled since 2007. Germany was touted as a ‘safe haven’ investment, I check out how it has been performing.
Airfares will rise as Ryanair continues to pull aircraft from Ireland. It will not continue to fly quarter full flights from Ireland to Godforsaken airports in the middle of nowhere.
French leaseback is, once again, being heavily promoted as an ‘investment product’, but in my opinion it does not, in fact, qualify for this classification.
Spain is in economic trouble, no matter how the EU tries to disguise the fact, and it could lead to huge problems for the EU at large.
The Irish Examiner has decided that the world outside Munster no longer exists, or at least if it does, it won’t be publishing anything about it. As my editor there so eloquently put it “Sun Sets on Rest of World, Ireland now Isolated”.