This small island the nearest of the Balearics to the coast of mainland Spain was unknown and untouched by tourism until the 1960's when it suddenly appeared in Europe's holiday brochures along with Benidorn on Costa Blanca and Torremolinos on Costa Del Sol. There is however still a curious, indefinable magic about Ibiza (Eivissa) and the island has not entirely lost its character.
The countryside particularly in the north is a rural patchwork of almonds, olives, figs and wooded hills. Ibiza still retains the air of 1950's Spanish provincial life, and has not suffered too badly from the instant arrival of package tours, the use as a hippie hideout and glamour hot spot.
Everybody has extolled the wonder of Frank Gehry's futuristic Guggenheim Museum . Puppy, however, a floral guardian to the titanium giant, has proven to be just as popular a sight as the museum itself. Standing 12 metres high, Jeff Koon's sculpture was originally intended as an incidental extra at the museum's opening ceremony. He has become a permanent fixture in the city though, and photographic companion to thousands, if not millions, of visitors. No trip to Bilbao is complete without a visit to the city's favourite mascot.
Ibiza's reputation for an extraordinary nightlife is largely justified with the main action taking place in 2 areas the Calle de la Virgin in the old harbour district with its bars, fashion boutiques, restaurants and nightlife out of town at Ku, Pacha, Amnesia and Es Paradis with the last of these closing at 7.00 am. One recommendation when viewing property in these areas is to come back at night to see what knock on effects might be suffered.
Bilbao's nightlife comes in many guises. Caché Latino (C Ripa 3) is, as the name suggests, a late opening bar that beats to the rhythms of Latin music in the heart of the city's centre. Distrito 9 (Alameda Recalde 18) refers to itself as Bilbao's temple for House Music, while Holiday (Avenida Madariaga 18) is pure disco for the twenty-somethings that have the urge to dance away the night until the early hours of the morning. Taking disco back to the day, Twiggy (Alameda Urquijo 35) revels in in the kitsch funk of the 70's, complete with glitter ball, flared trousers and ill-advised dancing. The good music and laidback atmosphere combine to make this a great night out in the centre of town.
Places to visit
Bilbao has something for everyone, whether you like to spend your holiday in shopping malls and markets, strolling from bar to bar or searching for cultural novelties. Visitors can find a market in one of Bilbao's neighbouring villages most days of the week but some of the most popular are held on Sundays in the city centre. At the metro staton of Bolueta visitors can hunt for bargain clothes, music, shoes and a huge range of other goods. Witness the wheeling and dealing of stamp, coin and card enthusiasts in the Plaza Nueva in the centre of the Old Quarters or stroll along the river bank at the Arenal and admire the exotic flower and plant stalls.
Buying Property in Spain
a Spanish property will normally be contained in a private contract
with a deposit of around 10% payable which is binding by law. It
is possible to agree a contract where either party may change their
minds at a financial cost. The private contract should contain details
of the agreed deposit payment, purchase price and details for payment
of the outstanding balance of the agreed buying price plus any additional
extras and your intended completion. A Notary will prepare the official
contracts and make sure it complies with Spanish regulations. If
there is common ownership a Community of Owners must be established
through which community charges can be shared. If your property is
contained in an apartment block then the law will relate to the Horizontal
Division and this should be clarified, especially in new developments.
Any property sale or purchase in Spain should be registered in the
Land Registry and its important to make sure any relevant taxes are
paid before this is done.
would expect to pay a total of around 10% of the purchase price for
realestate in Spain. This could include Stamp duty, charged at 7%
of the official selling price (4.5% for the Canaries), and 0.5% for
contract documents Land Registry is charged against a rateable table
held by local authorities. There will also be a tax on the increase
of the land your property lies on since it was last sold and should
be paid by the vendor. Notary fees will also be included in the total
your Spanish property taxes will be based on the official price
registered, not on selling prices and you would expect to pay under
plus additional service taxes set by the local authority. Wealth
tax charges apply for residents after 17m ptas of net assets; if
you donít apply for residency you could be charged tax for all
your net assets. Rate varies from fractions of a percent to over
on net assets. Click
Here for more info.
Spanish lenders will allow you to borrow against Spanish property and can usually be arranged in most major currencies normally over terms of up to 15 years, with exception of 25 years at up to 80% of the buying price.
For more information on Ibiza Property and to arrange your viewing visit: