Hostility from locals and governments, rising property prices and escalating running costs are changing the landscape for holiday home ownership in Europe. Can adapted models, modes and buyer attitude forge a friendlier path ahead?….
…Many countries – including Portugal, Greece and, shortly Spain, – have since stopped or limited their golden visa schemes. More still are raising taxes, a measure long adopted in countries including Italy and France, and sue to come into effect in England, Scotland and Wales from April. Welsh councils have already been increasing council tax on second homes but this has limited impact at the high end of the market, argues Carol Peett of West Wales Property Finders http://www.westwalespropertyfinders.co.uk, a buying agent: “A few thousand extra in council tax is not deterring those buyers”….
The Financial Times – 14th February 2025 – https://www.ft.com/content/630d8afe-5e9f-40c8-a083-f2dade168d38
If you are looking for a property in Pembrokeshire, Carmarthenshire or Ceredigion, give West Wales Property Finders a call on 01834 862816/077966 15332. We can find your perfect property for you whilst saving you time, stress and often money too!
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