Complete guide on How to Buy Property in Spain from a thorough and professional study and the essential tips to buy a house in Spain.

This guide has been written by TLA registered lawyers and experts in both Property and Construction Law, completed with very detailed tax advice, and with more than 20 years in the Spanish legal and tax sector.

The aim of this guide is to provide you with enough information , information and tips to confirm and secure your decision on how to buy in Spain.

Other eBooks and online guides may not offer as much in-depth content as this manual, so we’re convinced this will be your ultimate one.

TABLE OF CONTENTS

1.- WHY USE A LAWYER WHEN BUYING A PROPERTY IN SPAIN?

I.- SOME EXAMPLES IN OTHER EUROPEAN COUNTRIES

II.- THE SPANISH CASE

2.- PRE-PURCHASE ASPECTS

• Personal aspects:
• Administrative aspects: NIE, natural or legal person, bank account, financing-mortgage, powers of attorney
• How to make payments

3.- STEPS OF THE PURCHASE PROCESS

• DEPOSIT CONTRACT / RESERVATION CONTRACT
• THE PURCHASE AGREEMENT (“Purchase Agreement”).
• SIGNING OF THE NOTARIAL DEEDS OF PURCHASE (“Deed of Sale”)
• HOW TO MAKE PAYMENTS

4.- THE LEGAL OFFICE OF THE PROPERTY

• NEWLY BUILT HOUSING
• SECOND-HAND/RESALE PROPERTY

5.- EXPENSES AND TAXES DERIVED FROM THE PURCHASE AND SALE TRANSACTION

• THE VALUE TAX
• TAXES DERIVED FROM THE PURCHASE OF NEW BUILDINGS
• VAT – VALUE ADDED TAX
• STAMP DUTY – STAMP DUTY
• REVENTA BY COMMUNITIES – ITP
• OTHER EXPENSES DERIVED FROM THE PURCHASE:

6.- TAXES AND EXPENSES TO BE PAID AS A HOMEOWNER IN SPAIN

• INCOME TAX
  • RESIDENTS
  • NO RESIDENTS
• WEALTH TAX
• IBI AND LOCAL TAXES

7.- RENTAL ACTIVITY IN SPAIN

• Different Types of Property Rentals
• Tourist Rental
• Tax Obligations

We are completely sure that you will find the necessary information that will help you in the important decision that is to buy a house in Spain.