Taxes on the sale of Spanish properties. Capital Gains
In case you have decided to SELL your Spanish property, please, pay attention to the following concepts which will help you to know about the Capital Gains Tax that you have to pay on the sale: 1.- PRICE OF ACQUISITION: This is the total price of the property paid to the vendor on completion of […]
Guide to buy, sell or rent in Javea
General aspects The city of Jávea/Xàbia Javea is a coastal town and municipality located in the comarca of Marina Alta, in the province of Alicante, Valencia, Spain. It is situated on the northern coast of the province, on the Mediterranean Sea. Jávea has a population of 28,731 inhabitants (INE 2022). Jávea is a popular […]
Buying properties in Barcelona city
General topics Barcelona city Districts Barcelona, one of Spain’s most vibrant cities, is divided into 10 districts. Each district has its unique charm and neighborhoods. Here are the districts: Ciutat Vella (Old Town) Includes neighborhoods like El Raval, Barri Gòtic (Gothic Quarter), El Born, and Barceloneta. It’s the historic heart of the city with medieval […]
Guide how to buy a house in Madrid
Table of Contents Urbanistic considerations of Madrid Madrid, the capital of Spain, is divided into 21 districts, each with its own unique characteristics. Here is an overview of the urbanistic and construction typologies in the districts of Madrid, reflecting their unique historical and cultural evolution: Centro Urbanism: Oldest part of Madrid with medieval streets, […]
Complete guide how to buy houses-villas in Marbella and surrounding
This comprehensive guide explains the process of buying houses and villas in Marbella, from legal requirements to types of properties available. It provides key insights for foreign buyers, including understanding the Spanish property market, necessary documentation, and advice for navigating taxes and fees associated with real estate purchases in Marbella and surrounding areas
Comparison buying a finished house or buying as self-promoter
Buying a villa directly from the builder (developer) or choosing to purchase the plot and manage the construction as a self-developer (autopromoter) each come with their own advantages and disadvantages. Here’s a detailed comparison for Spain: 1. Buying a villa directly from the developer Advantages Disadvantages 2. Being a self-developer (buying the plot and managing […]
Guide how to buy properties in Mallorca and Palma de Mallorca
Table of Contents The city of Palma de Mallorca Origin of Palma de Mallorca – The city Originally, the first urban center of Palma was located on the plateau that is located at the point of two lines that are the coast and the natural channel of Sa Riera. From here you have […]
Guide and tips for selling Property in Spain as a Non-Resident
Thinking of selling property in Spain as a non-resident? Look no further, as this ultimate guide has got you covered. Whether you’re a foreign investor or a homeowner looking to sell your Spanish property, navigating the process can be complex. But fret not, we’re here to simplify it for you. In this comprehensive guide, we’ll […]
“Catastro Urbano” vs “Catastro Rustico”
“Catastro Urbano” vs “Catastro Rústico”: Understanding Property Classification in Spain When dealing with property in Spain, particularly in regions like Valencia, it’s crucial to understand the distinction between “Catastro Urbano”(Urban Cadastre) and “Catastro Rústico” (Rustic Cadastre). These terms refer to different types of land classifications that have significant implications for how your property is taxed, […]
Extinction of co-ownership Spain
Termination of Co-Ownership, or Extinction of Condominium on Spanish properties Extinction of Condominium (EC) (or “Cancellation of Co-ownership”) consists in the transmission of the ownership of an asset, whcih cannot be divided, where one of the co-owners acquires the full ownership of the asset to the rest of the co-owners, and that ends , in numerous occasions, […]