Personally speaking
With the current volatility of global stock markets, property is the safe shelter for savings that it always used to be,” says Carlos Abril. “In fact I firmly believe we might well be at the very beginning of another property boom – and that of course is being helped by the recent halving of the VAT payable on the purchase of new-build properties that the Spanish Government recently introduced and which is in force until 31 December 2011. During the more than two decades we’ve been in practice on the Costa del Sol we’ve advised investors during times like this before, and we’re very well placed to do so again.
