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Sale and purchase of real estate
This article is part of our guide How to buy a house in Spain which you will find in our Real Estate Consulting section. This article is a summary of some legal aspects to take into account during the purchase process. Responsibilities It is your responsibility as a buyer to pay all costs and taxes...
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This article is part of our guide How to buy a house in Spain which you will find in our Real Estate Consulting section. Once you have found a property of your choice and checked that all the information is correct, the actual buying process begins. In this article we list the normal steps in...
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This article is part of our guide How to buy a house in Spain which you will find in our Real Estate Consulting section. In this article we explain the basic things to consider in order to avoid problems when buying a house in Spain. Once you have found a property you like, it is...
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This article is part of our guide How to buy a house in Spain which you will find in our Real Estate Consulting section. Firstly, you need to decide what type of house you want – are you looking for a flat with sea views, a historic property in a local town or a rural...
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This article is part of our guide How to buy a house in Spain which you will find in our Real Estate Consulting section. If you want to buy a house in Spain as a foreigner, you will have to sort out some bureaucracy before you can buy a property. This series of articles is...
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This article is part of our guide How to buy a house in Spain which you will find in our Real Estate Consulting section. If you want to buy a house in Spain as a foreigner, you will have to sort out some bureaucracy before you can buy a property. The Spanish property market has...
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Cash transactions may not exceed 1,000 euros. On 11 July last year, new regulations came into force that set new limits for cash payments. Self-employed persons and SMEs are among the main parties affected. The Official Gazette published the regulation that can sanction those who continue to receive amounts of more than 1,000 euros for...
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On 10 July, the Spanish Official State Gazette published Law 11/2021 on measures to prevent and combat tax fraud, in compliance with European directives. This regulation contemplates tax changes that particularly affect wealth taxes in the period up to 2022. Like almost all tax laws, its purpose is to increase tax revenue, but to achieve...
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This article is part of our guide Taxes in Spain for non-residents and foreigners which you will find in our Taxes in Spain for foreigners section. Property tax This is the main local property tax affecting property owners in Spain. The amount of tax is calculated by reference to the ‘valor catastral’ (official property value)...
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This article is part of our guide Taxes in Spain for non-residents and foreigners which you will find in our Taxes in Spain for foreigners section. Impuesto sobre Transmisiones Patrimoniales (I.T.P.) This is a tax payable when you purchase either agricultural land or a house/apartment/building plot from a private owner. It is generally 7% (it...
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