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 […]
Tax when buying plots for construction in Spain
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 of the construction Table […]
Buying rustic land properties in Valencia Rustic land
This is a small presentation of our Purchase Legal Assistance service on properties placed in Valencia Rustic areas. Valencia city is surrounded by spectacular mountains and countryside, with amazing views and nature. It is composed by local villages as: Turís, Olocau, Montserrat, Villamarxant, Montroi, Casinos, Naquera, Andilla, Alberic, Estivella, Godella, and Lliria. If case you […]
Guide How to buy properties in Spain by regions
Guide How to buy properties in Spain PRACTICAL GUIDES ABOUT HOW TO BUY PROPERTIES IN DIFFERENT AREAS OF SPAIN Madrid Based on the experience and knowledge from our lawyers in Madrid transactions. Discover the tips about how to buy properties in Madrid, to sell or to rent. Also, a comparison between why to chose Madrid […]
Militar Permit to buy rustic propertys in Spain for Non EU Citizens
Military Permit to Buy Rustic Properties in Spain for Non-EU Citizens Introduction If you are a non-EU citizen planning to purchase a rustic property in Spain, you may be required to obtain prior military authorization from the Spanish Ministry of Defence. This requirement, often unknown to foreign investors, can significantly delay or even block […]
How to buy properties in San Sebastian – Donosti
Table of Contents GETTING TO KNOW DONOSTI – SAN SEBASTIAN FOR FUTURE PROPERTY BUYERS AND REAL ESTATE INVESTORS The city of San Sebastian – Donosti Introduction – Donosti’s origins Historically it is said that the settlement that gave rise to San Sebastián was the monastery of San Sebastián el Antiguo, as well as the castle […]
How much it costs to include my spouse in deeds – Spain
“I have a property by my own Spain. I have the 100 % of the ownership of the property. How much will it cost to change the title deeds to my wife’s name before I die, or to pass her 50 % of the property?” TLACORP ANSWERS: Please, be informed that to pass the property to your wife is considered […]
How to buy properties in Bilbao. Steps, legal and tax process
Table of Contents Bilbao is an impressive city that has undergone great evolution throughout its history to become one of the most modern and developed cities in Spain. At this time, Bilbao can be considered the main and economic nucleus of the Basque Country, with such important areas as the port, the mining industry, and […]
Cancellation process of Spanish mortgages
Cancelling a mortgage in Spain is a process that many property owners may find confusing, particularly because it involves more steps than just repaying the outstanding loan amount. It’s essential to understand that while paying off the mortgage eliminates the debt itself, there are additional legal and administrative steps required to fully cancel the mortgage […]
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 […]