QUOTE(rupertbear @ Sep 1 2006, 09:36 PM) [snapback]439895[/snapback]
Your talking about the suma tax. I can assure you that the tax on the Gross letting value is 25% the tax you mention is suma. This year the local town halls employed staff to check out all holiday letting advertised in newspapers, internet etc. There are strict guide lines to letting. We work within the legal field inSpain and if you take a look at my website www.racistspain.com you will find links to lawyers who will confirm all levels of taxation in Spain. Non residents tax is very very much in force thankyou , The idiots have just taken a non residents tax directly form my bank account in Spain.
Take a look at the website and click on the lawyer links and you will see all the different tax levels. Certianly they confirm that Spain is most definately not a place to wisely invest money in.
We ourselves would love to see the bubble burst with the result of high unemployment, closed businesses and a destruction of the Spanish system. Fortunately we sold our properties in spain 18 months ago before the real onset of these problems. However we remain in Spain temporarily because the Spanish owe us a great deal of money which we intend to get back at any cost. Hints to this are on the website.
regards
Rupert
We quite agree. We were lucky to sell a house in Spain some 18 months ago. It was inland about 1 hour from alicante and only took one week to sell. However we have friends all over the Costa Blanca from Denia to Torrevieja and there is a major problem all along the coast with people trying to sell their properties. Spain has become very expensive, those on a fixed income from the UK will be finding it much harder to make ends meet.
We have experienced a trend from several Spanish people towards racism against not only the English but other nationalities as well.
Many cafes and bars have closed down and many more are up for sale. Today we took a walk around the residential end of Torrevieja. Next week we will take photos which we will upload onto this forum and a website to show people how depressed the area is together with the fact that there is graffiti everywhere and run down apartments and boarded up shops.
The Spanish have brought htis upon themselves by over saturation of property building, Land Grab laws, Illegal Buildings, Corruption, Racism within the police, Violent Crime ...the list goes on.
Take a look at http://racistspain.com
This website details the latest newspaper reports plus much more
regards
Rupert
I see that some more sane people are joining the fray; as I mentioned some time back, people like adi and Allme are either taking the **** or are somehow impaired when it comes to coping with reality. Rupert, you r experience mirrors mine and that of several friends who had the misfortune to throw a couple hundred grand in Spain's direction a couple years ago.....!
