SALE OF PROPERTY What are the taxes that have to be paid?
The taxes that a person has to pay when selling a property are the IRPF, PLUSVALIA MUNICIPAL AND IBI taxes.
IRPF (PERSONAL … Read more
TOURIST RENTAL OF A PROPERTY IN THE BALEARIC ISLANDS. SPECIAL REFERENCE TO THE SUSPENSION OF THE PURCHASE OF TOURIST PLACES
The government of the Balearic Islands has decided to adopt a measure of temporary suspension of the possibility of acquiring new tourist places as … Read more
NEED FOR MILITARY AUTHORISATION TO PURCHASE A RUSTIC PROPERTY IN THE BALEARIC ISLANDS.
In Spain there are some zones that have restricted access (to buy a property) for non-EU citizens, so that in order to buy a … Read more
IMPORTANT! New cadastral reference value. Necessary to check before signing the earnest money and option contract.
From the 1st of January 2022 the new reference value will be applied. It is very important to check it before signing a contract to … Read more
15 QUESTIONS AND ANSWERS RELATED TO RENTING A PROPERTY IN SPAIN.
1- Do all the conditions of the contract apply?
The rental of long-term housing (permanent housing of the tenant) is regulated by the Ley de … Read more
TAXES AND EXPENSES FOR THE PURCHASE OF A PROPERTY IN THE BALEARIC ISLANDS.
The costs associated with the purchase of a property can be classified as follows:
Taxes
Registry and notary
Gestoría (management)
Lawyer
Architect/engineer
Mortgage
Real estate … Read more