In the task of buying a property in Spain the lawyer is your most important team member. It is sensible to ensure that they are on your side and have no financial connection with the estate agent or developer. This can be easier said...
Spain and Germany have ratified the treaty to avoid double taxation and prevent tax evasion in respect of taxes on income and on capital. The treaty comes into force on 18th October 2012 and is applicable from 1st of January 2013. Capital represented by real estate...
Economic earnings arisen on the occasion of the transmission of urban properties acquired (for a price) from May 5th, 2012 and until Dec 31, 2012 are declared 50% exempt in income tax. This exemption is not applicable when the property has been acquired or transmitted...
This is an useful guide published by the Spanish Property Registrars Association worth reading by every non-resident English speaking investor. You will note however that even if this guide clearly explains the basic steps needed and even though going through these seems to be presented as...
(Google translation from Noticias Vlex.com) The Congress of Deputies validated by a majority a number of fiscal stimulus initiatives aimed at the home rehabilitation sector that were included in the Royal Decree on Measures to Promote Economic Recovery and Employment, approved on Friday April 9 by...
(From OPP News) Buyers in Spain could be able to secure 100% mortgages for the first time during the downturn thanks to a new developer-bank partnership. Customers buying from UK-based developer Almanzora Group will be able to apply for 100% loan-to-value finance through the Bank of Andalusia...