A SPV is a legal entity – usually a Spanish limited company – that is set up for a specific business purpose in order to maximise tax efficiency. SPVs can be used for property purchase in Spain and can either cease to trade post-purchase or can be used for subsequent rental of the purchased property.
Driven by the demands of our Ibiza property owners and buyers, our MD Premier team has expanded our panel of mortgage lenders to international banks, private banks, bridging finance lenders, construction loans and bespoke lenders
Mortgage Direct adviser, Stuart Payne, shares Barcelona insights and experiences ahead of our visit to the beautiful city next week
With the recent UK government announcement allowing foreign travel for certain activities including buying, selling or renting a residential property, we expect to see a surge in demand for property purchases and mortgage enquiries in Spain