TAX ON BUILDINGS, INSTALLATIONS AND WORKS
The tax on constructions, installations and works (ICIO) is an indirect, municipal, voluntary establishment and management tax exclusively attributed to the municipality that establishes it. Taxable event The taxable event of the ICIO is constituted by the realization, within the municipal term, of any construction, installation or work for which the obtaining of a works […]
MILITAR PERMIT TO BUY RUSTIC PROPERTIES IN SPAIN FOR NON EU NATIONALS
ASPECTS TO TAKE INTO ACCOUNT WHEN BUYING A PROPERTY IN SPAIN MILITARY AUTHORISATION According to Law 8/1975, and the RD 689/1978 that develops it, for acquisitions of properties Inter vivos and mortis causa by national citizens of States that do not belong to the European Union (included in the Schengen Area),there is a requirement to […]
NEW BECKHAM-NOMAD DIGITAL -SPANISH LAW 2023- FISCAL ADVANTAGES
NOMAD DIGITAL WORKERS LAW DECEMBER 2022 – NEW SPANISH “BECKHAM LAW” The Spanish system aimed at attracting foreign talent is widely known, through a special tax regime for workers posted to Spanish territory, better known as the Beckham Law (LIRPF art.93). This system results in those displaced to Spain being able to “opt” to be […]
LEGALIZATION OF CONSTRUCTIONS WITHOUT A LICENSE
Spanish regulations establish that, in order for a construction to have access to the property registry, notaries must require that the building license be provided, and all the construction documentation, including the final work certificate, etc. This is what Royal Legislative Decree Seven/2015 of October 30 says (consolidated text of the land law) However, what […]
TOURIST HOMES IN COMMUNITIES OF OWNERS – CONFLICTS
Conflict resolution The phenomenon of tourist homes within the communities of owners is one of the most controversial issues that have arisen in this matter. Renting a house for tourist purposes is not, in itself, a bothersome activity, but in practice it often generates problems of coexistence with neighbors, for example, due to the intensive […]
Can my neighbors prohibit tourist rent?
Can my neighbors prohibit tourist rent? Developing tourist rent in a block of apartments, o in an urbanization may disturb the pacific use of your neighbors and residents of the urbanization. In order to protect this situation, Spanish laws have created a law which establishes that the use of the tourist rent at the urbanization […]
OBLIGATION REGISTRATION REAL ESTATE AGENTS – VALENCIA REGION – AUGUST 2022
ESSENTIAL INFORMATION TO DEVELOP THE PROFFESSION OF REAL ESTATE AGENT IN THE VALENCIA REGION – DECREE 98/2022 A new regulation has emerged in the Valencian Region/Comunidad (including Alicante, Castellón and Valencia province) that will really mean a “before and after” in the exercise of the activity of intermediary, or mediation agent in real estate transactions […]
REGISTRATION TOURIST LICENSE IN ANDALUCIA-MALAGA- GRANADA-SEVILLE
Renting your property for tourist activity in Andalucia (Malaga, Seville. Cadiz. Granada, etc.) involves a determinate process. First: What is a «tourist rent activity»? : This is the activity where houses and apartments are rented and offered for holidays (and not for permanent residence) using online platforms as Airbnb, Homeaway, Booking, etc. It’s a property […]
WHAT IS CONSIDERED AN INCOME FROM REAL ESTATE
RETURNS ON REAL ESTATE CAPITAL 1 . What is considered “earnings on real estate capital” ? Income from real estate capital is considered to be derived from the leasing of rural and urban properties, as well as income derived from the constitution or transfer of rights or power of use or enjoyment of rural or urban properties. […]
HOW TO DECLARE REAL ESTATE YIELDS IN SPANISH INCOME TAX
Real estate yields in personal income tax. What are RETURNS ON REAL ESTATE CAPITAL ( Art. 22.1 Income Tax Law). Those derived from the lease or from the constitution or transfer of rights or powers of use or enjoyment over rural and urban real estate or real rights that fall on them, whose ownership corresponds, […]
