What is better in tax when buying a house in Spain, buying with company or as individual?
Buying Property in Spain: Should You Buy as an Individual or Through a Company? When purchasing property in Spain, a key consideration is whether to buy as a private individual or through a company. This decision can significantly impact your tax liability and long-term financial planning. This guide provides a comprehensive comparison of the Spanish […]
Reduction of Inheritance Tax – Example
BRIEF EXPLANATION ON DIFFERENT WAYS TO BUY THE PROPERTY PRICE OF ACQUISITION:827.000 EUR / VAT : 82.700 EUR (10% on the price – it’s a NEW building) A+B are a married couple with two sons “I” and “II”. A+B want to buy a NEW BUILDING in Malaga, and, before buying, they consult our company in […]
Marriage system – Differences when buying in Spain
It is the spouses themselves who have to opt for one of the three modalities in the matrimonial agreements. Community of assets is imposed in the event that the contracting parties have not opted for any, except in the case of the Valencian Community, the Balearic Islands o Catalonia, where the regime of separation of […]
Do I need to open a bank account when buying in Spain?
One of the most important points when buying a property in Spain is to open a bank account in Spain. Is this obligatory?. Before or later, is necessary to open a bank account in Spain if you decided to purchase a Spanish property. It will help you to pay and settle payments for utilities, local […]
2024. Increase of property rental profitability in Spain?
The current landscape of the Spanish real estate market, particularly the residential rental sector, has been experiencing significant changes in recent months, largely driven by a combination of economic factors, including inflation and a shortage of housing supply. This situation has led to increased profitability for property owners who rent out their residential properties, making […]