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SPANISH MORTGAGE EXECUTION- Embargo, Spanish repossession

When there are monthly payments on arrears, usually, there the Spanish banks give 2 solutions to execute an unpaid mortgage: 1.- Public Auction – Embargo Once a determinate number of non-paid monthly mortgage payments occur, the bank sue the property in the Courts, and open a seizure process. In this

LEGALIZATION OF CONSTRUCTIONS OR EXTENSIONS: UPDATING DEEDS AND CATASTRO REGISTRATION

[vc_row][vc_column][vc_column_text]It is really common in practice that owners of properties, after acquisition, have made new buildings on their properties, or new extensions. For example, a pool, a garage, an outside kitchen or toilette, or a second floor. When this happens, it is necessary to legalize these constructions with a two main

HORIZONTAL DIVISIONS ON SPANISH URBANIZATIONS

Horizontal Division in Urbanizations means that the land where the different houses from the urbanization are placed belongs to all the owners “in common”. This Horizontal Division is a way used in urbanizations and buildings where the different owners own the 100 % from their houses and “in community” the

money and finance balance and WEALTH TAX - VALENCIA REGION UPDATED 2023

WEALTH TAX – VALENCIA REGION UPDATED 2024

Taxable event Be the owner of goods and rights in Spain of economic content before December 31  of each year. Taxable Only natural persons. Legal persons (companies, societies, etc.) are not taxed by this tax The following: In general, natural persons who have their habitual residence in Spanish territory are

SPANISH TAXES PAYABLE WHEN BUYING PLOTS OR LAND FOR CONSTRUCTION

SPANISH TAXES PAYABLE WHEN BUYING PLOTS OR LAND FOR CONSTRUCTION

 For the correct identification of the Spanish taxes derived from the purchase of a plot or land intended for construction, several factors must be taken into account: Tax status of the seller Tax status of the buyer Nature or urban classification of the land or plot Nature or urban classification

property tax and construction tax text

IMPÔT SUR LES CONSTRUCTIONS, INSTALLATIONS ET TRAVAUX

L’impôt sur les constructions, installations et travaux (ICIO) est un impôt indirect, communal, volontaire d’établissement et de gestion exclusivement attribué à la commune qui l’institue.  Événement imposable Le fait générateur de l’ICIO est constitué par la réalisation, sur le territoire communal, de toute construction, installation ou ouvrage pour lequel l’obtention

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