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 […]
Buying in Cooperatives- Spain
What is a Cooperative-Community of owners for building? A housing cooperative is a group of individuals who have the intention to have a house. For this purpose, they group theirselves in a cooperative with the aim of: Controling the construction project Obtaining it at the lowest possible price Controlling the construction process and quality materials […]
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 […]
Guest Registration duties in Rentals
Guide to Royal Decree 933/2021 and Guest Registration in Accommodations (Entering in force Dec 2024) If you manage an accommodation business, you’ve likely heard about the new law published in Spain’s BOE (Official State Gazette) that has caused quite a stir: Royal Decree 933/2021. This legislation establishes requirements for the documentation and registration of guests. […]
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 […]
Balearic Islands Inheritance Tax. Reductions and Bonifications
The Balearic Islands offer significant reductions and bonuses for inheritance and donation taxes, such as a 100% tax bonus for Group I & II heirs. Special reductions are also available for life insurance, main residences, and specific assets, making the region attractive for estate planning
Aragon Inheritance Tax. Reductions and Bonifications
Inheritance tax in Aragon can be a complex process, but understanding the basics can help you plan your estate effectively. This guide will provide you with essential information about tax rates, exemptions, and deductions.
Evolution of the Tourist Rent activity in Spain
EVOLUTION OF THE TOURIST RENT APARTMENTS IN SPAIN (Viviendas o Apartamentos Turísticos) SPAIN 2023 In Spain, the last year has meant a growth of more than 9% in the number of tourist homes available, exceeding 340,000 and reaching the highest figure since the availability of data (August 2020). These account for just 1.28% of the […]
Andalusia caves – Rental activity
Cave Houses in Andalusia: Legal Recognition, Tourism Opportunities, and Urban Regulations Under the New Planning Law Introduction: A Historic Living Style Meets Modern Legal Protection Andalusia, with its diverse landscapes and centuries-old heritage, is home to one of Europe’s most unique housing typologies: cave dwellings, or “casas cueva.” Traditionally used for residential purposes since […]
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 […]