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Episode Transcript

Speaker 1 (00:08):
Five four three two one, Lady sandral Man, please make
some noise. Four.

Speaker 2 (00:25):
David Right, David Right, David, David, David, very good afternoon
and welcome to the Right Way with me, David right
here on al Maria Radio one or seven point five FM.

Speaker 3 (00:37):
And a big thank you as always to John Alex
for kiving this entertained this afternoon. Thank you John. Yeah,
it's a fantastic day out there today. It's about twenty
degrees here in alm Maria. Was out on the beach
this afternoon on the minor bike doing a little bit
of a run along the Stude Front there and absolutely
amazing weather at the moment. Not quite as good tomorrow,
but still going to be nice and warm and sunny

(00:58):
over the weekend. So what are you doing then, Come
and let me know in the comment section. The comments is.

Speaker 2 (01:05):
David Wright Health and Advice for Living and working in Spain.
You're listening to the Right Way with David Wright.

Speaker 4 (01:16):
And getting you into the mood for the weekend. The
comments section.

Speaker 2 (01:21):
Is open shared live to the DJ right now our
website and here he is, the legendary Davis Way.

Speaker 3 (01:31):
And a very good afternoon to some of the people
joining me. In the comment section, hired to Carrol in
the UK. What's the weather like in the UK? But
it's cold it there at the moment, and Sylvia had
no news yet, Sylvia, but keep fingers crossed will be
sown hopefully and John I lost g and John, Alex
and Danny and Robbie. Happy birthday Danny. Okay, so well,
a lot of people talking about this one hundred percent tax?

(01:53):
Have you heard about this yet? The proposal by the
Prime Minister here, Pedro Sanchez last week could be an
absolute bombshell on the property market. Here, I'm going to
be talking to a little bit about that letter one
in the show, so standby for that. I've got a
song here I'm going to play in a minute right
after this one.

Speaker 4 (02:09):
This is the original.

Speaker 3 (02:10):
It's Simon and Garfank Well, listen to this one first
and then I'll play the other version afterwards, which I
absolutely love. Tell me which one you prefer. This is
the original sound of silence, Simon Garf, Uncle, just Glyne
there and.

Speaker 2 (02:24):
Silly me Hight David Right, David Right, David David.

Speaker 1 (02:30):
The Afternoon Show.

Speaker 3 (02:35):
Okay, so it's Friday, It's almost wine time Friday. Yes,
every Friday, I play Wine Time Friday here where I
have my top expert from Madrid joining us here on
the show, giving us her recommendation for the weekend. Each
week a different bottle of wine, So don't miss out
on Wine Time Friday, coming up a little bit later
one on the show today. Yes, Jim, he's not going

(03:00):
to be on the show today live, but she has
given me a recommendation. I'll be passing that onto you
a little bit later on. And it's one I had
tried several times here and it's a great one, So
standby for that coming up very shortly. And yeah, another
motorbike song now, but this is an older one and
not just a motorbike song. And just love this one
if you're in the kai. Got to turn.

Speaker 2 (03:20):
The live David, right David, like David David.

Speaker 4 (03:25):
David the Afternoon Show.

Speaker 3 (03:30):
Okay, so let's talk a little bit about this tax
and that Pedro Sanchez has proposed. So last week in Spain,
the Prime Minister here Pedro Sanchez made a TV appearance
where he stated that some new measures twelve points, actually
a twelve point measure system that they're proposing. This is
just a proposal at the moment, but it looks like

(03:50):
it's going to go through. And the one thing that
stands out really that everyone's talking about at the moment
is this one hundred percent tax on buying a property
in Spain for people that are non EU citizens and
not a resident of Spain. So yeah, one hundred percent
tax is absolutely crazy. But anyway, so let's just go
into some of these figures a little bit.

Speaker 1 (04:12):
Now.

Speaker 3 (04:13):
Last year, six hundred thousand properties were sold in Spain.
That's last year alone, that's two thousand and twenty three
to twenty four, six hundred thousand, just over half a
million properties. Out of that, only twenty seven thousand were
bought by people that were not residents by EU, non
EU citizens, So six hundred thousand properties sold and only

(04:36):
twenty seven thousand were bought by people outside. That's around
four percent. So hell is stopping those four percent people
really going to help the property market here in Spain.
Don't get it myself, but there you go. So that's
going on. The Spanish government figures something else to remember
here as well. Last year Spain took in one hundred
and eighteen billion euros. Now did you hear that? It's billion,

(04:59):
not mis millions, one hundred and eighteen billion euros in
the tourist industry last year alone, and that's the highest
amount in record in the history. So one hundred and
eighteen billion euros in tourist industry. Of that, forty billion
was from outside the EU. This is non Spanish people,
so you get Spanish tourists as well, but this is

(05:21):
forty billion was from these non EU people. Now over
twenty billion of that is from British people alone, and
British people amount to the highest spenders in the tourist
industry in Spain, So twenty billion from the British people.
So stopping people, I mean, we're talking about British people here, really,
aren't we. So stopping British people from coming to Spain

(05:43):
to buy property, they're going to lose at least twenty
billion euros a year. Twenty billion euros a year, and
if all the other nationalities stop coming as well or
go other places, that's forty billion euros a year. Potential
of forty billion euros are yet Spain will lose by
putting on this one hundred percent tax. I don't really

(06:04):
see the figures adding up here at all. And as
a lot of political programs are shown on TV. Sanchez
is a bit of a puppet here now and that's
why he's done this coalition government and he's just going
along with what others are saying. But the background to
this is that, you know, like I'm in Barcelona there
was people are having problems renting properties there and the

(06:25):
properties are expensive because people are buying them and renting
them out to cash in on that. When it's a business,
that's what people do. And it's not just the bricks
or foreigners. The Spanish are doing this. Spanish locals are
doing this as well. So I've got a friend that
lives up in Barcelona, a Spanish friend, and she's gone
to Barcelona a few years ago and she's having trouble

(06:45):
renting there. It is expensive to rent there. The reason
she's there is to work in the shops there in
the rambler in Barcelona because of the tourist industry. So
she's having trouble renting because the rents are high because
you know, she needs to be there to make the
money from the tourists. So if they stop these tourists
coming and then he's doing these rents go down, there's

(07:05):
not going to be anybody wanting to rent there because
the shops will be closed because they're not taking any money.
They're not earning this one hundred and eighteen billion euros
from the tourist industry. So is it just me that's
looking at these figures all wrong or are the government
figures not adding up? But there you go, it's just
my opinion this. I don't think it's the right option.
I understand we need to find better ways for people

(07:27):
to rent in these areas, more affordable renting, but maybe
we could use some of this tourist money to help
get better affordable housing for local people rather than just
put one hundred percent tax on it. I don't think
there's many British people anyway that are going to come
to Spain, buy a property for say one hundred thousand
euros and be happy with paying one hundred thousand euros

(07:49):
tax on top of that. But that's just my opinion,
and let us know what you think.

Speaker 4 (07:53):
In one.

Speaker 3 (07:56):
You're listening to the Right Way with me, David Right
and MOREA Radio one seven point five FM and a
very good afternoon. Chris joined us in the comment section. Yeah, Chris,
I haven't brought here already. You better get in quick, mate,
before they put this one hundred percent tax on property.
I hope you've heard that, my little rent a little
bit early on. I'm actually going to be doing an

(08:16):
interview with the Honorary British Consulate for almbriat Alejandro Salvador
next week hopefully and trying to fit it in Kneesy
in Madrid on the embassy business at the moment, but
I'll be trying to fit in an interview with him
later next week and we're going to be talking about
this taxes, one hundred percent tax that this proposal at
the moment is just a proposal, but on all the
news programs on Spanish news that it looks like it's

(08:38):
going to go through and it could make a big,
massive dent in the property market here in Spain and
could be another major hurdle for British people thinking about
moving to Spain. So stand by more of that coming
later on my shows in the next week or so,
hopefully more information from Alejandro the British Consulate next week interviewing. Okay,

(09:01):
so it's time for utters of the week now, girls
allowed there and I think we're alone now, and yeah,
that was Artist of the Week this week, done by
as Steve Jackson. Okay, so yeah, this one hundred percent proposal.
At the moment, it is just a proposal, but the
way it's been talked about on TV and all the
news programs here in Spain, it looks like it's definitely
going to go ahead and it could be in as

(09:22):
quick as this year. But they're talking about this is
for non EU people, and you need if you're a
resident in Spain, that won't affect you. So if you
get your residency in the next year or so, well
in this year, then you're a resident, you can buy property,
you can say probably shouldn't be any tax on that.
But at the moment it's for non EU citizens, so

(09:45):
you know, if you're coming over here and you're looking
to buy property and you're not going to be living
in it, then that will affect you greatly. So I'm
going to get more information on this, hopefully next week
from the interview on the British Consulate, get the low
down on this. But as I say, is at the
moment it's just a proper But this has had a
lot of push on the TV and on news programs here.
Everyone seems to be talking about it, and it is

(10:08):
a drastic thing. If it does come in, it will
definitely be as big as a Brexit thing for British
people moving to Spain here. It will actually, I think
it'll be a worse blow than the Brexit. With Brexit,
you can still come here, you know, on the non
lugative visa that are requirements around twenty seven thousand euros
to come here. That's not the end of the world,
you know, for most people you can get that money

(10:30):
some hell shape or form. But if you're buying a
property here to live in, if you're coming into Spain
you can live. See, the average price of a property
here is around two hundred thousand at the moment, you know,
you're looking at two hundred thousand tacks on top of that,
so you know a lot of people haven't got four
hundred thousand to come here to move to Spain. So
I think personally it will kill the market for people

(10:50):
moving here to Spain. And as JOHNO says in the
comment section, yeah, there are plenty of other places like
Greece and Cyprus and Portugal, and Portugal really is you know,
it's exactly the same as Spain. It's literally just a
few hours away. The weather is the same, the only
thing there's different there. And I've got first hand experience
of this because years ago my parents had a property

(11:11):
there and stayed there for many many years. In Portugal.
Loved it there. But the work conditions are even worse
than the Spain. It is very difficult to find work
there and the wages are extremely low. But the climate,
everything else cross the living is very very cheap in
Portugal and it's a beautiful place to live there. Obviously
the language is very different, but yeah, so I think

(11:34):
British people will look for alternatives. And the routes from
for example, from Gatwick to el Farrow in Portugal it's
about the same distances. Is here to al Moria very
reasonable prices at the moments of Portugal, and the property
there is much cheaper in Spain as well, So there
you go. Don't really want to push other countries. I
love Spain and I recommend people coming here, but with

(11:56):
the way things are going, it could be an absolute
killer for the property market here in Spain. But we'll say,
okayle's loving it. Okay, So it's Friday, it's wine time,
Friday and Amy, my wine expert. It's a bit tied
up at the moment. She can't be here live, but
she's giving us a recommendation this if I can not
make a hash of it. This one's tinto Hon and

(12:17):
this is from the Cortigo Quevo in the Alpahara Hills
in al Maria. This is a local wine. Tinto Hon
is an eco friendly wine, so it's organically cultivated with
the famous timpernel grape temper neal. I think I saw
you spare that here in a popular area of al Maria.

(12:39):
This grape grows all over the place. It's one of
the most popular grapes here. This is a fruity of
red wine and it's available in most stores under ten euros.
And I've tried this one. It's very good as well.
And something else Amy told us about a little while
ago that I gave it on my shows. Here. Now
the local wine here and a lot of people drink here.
It's called the Governance red wine. But also some of

(13:01):
you might not know that there's a white version of
this as well. Now it's called the Governor and it's
spelled gov Nor Governor and it's a white wine. The
white is absolutely amazing, absolutely love it. My wife and
I like this one. She's not a great My wife's
not a great white wine drinker, but even she is
thrilled with this one. So it's got a green label

(13:21):
on the front of a picture of a guy with
a Spanish guy with a hat on, and the label
is green. You can get this bottle in Murca Donna.
It's a sweet story. It's dry, fruity white wine, and
it really does taste better when you have it as
cold as possible, put it in a fridge, all it
well and it makes a big difference. It's two ninety
five in Murka Donna at the moment. That's the governor

(13:43):
a white wine. If you haven't tried that yet. A
lot of British people like the red is very good.
The white is also very good as well. Now, something
I saw on the internet little while ago, there was
a wine connoisseur here, an English wine connoisseur talking to
a group of Spanish wine connoisseurs and talked about the
British not being good choices of and making good choices

(14:04):
of wine. So what they did they did a blind
test and they put out a bottle of the Red
of the Governor. The red wine in this with the
cover of the labels up with six other bottles, and
they made the Spanish go through them and said which
one that they lay like the best, and they all
all of them exclusively. These six wine experts picked out
the Red Governor as being a Spanish wine and being

(14:26):
very very good. And they, you know, they said that
the British can't recommend a good one, but there you go.
So it just proves them all wrong. So the Governor
came out tops in that wine recommendation. So if you
haven't tried the White yet, gon try it to get
out tonight in make Donna two ninety five of the
Governor the White one. Okay, so where we go Now
a bit of it, reach say some Marsa and feel

(14:47):
good and if you want all the information tips and advice,
you can go and check it all out over on
my information page. That's David Wright online dot com. David
Wright online dot com.

Speaker 4 (14:57):
Go check it out the the end. It's almost

Speaker 1 (15:17):
H