In order that any non Spanish national becomes a Spanish national they must reside in Spain for a period of ten years minimum (there are a few exceptions like oficial refugees or nationals of Spanish South America, Andorra, Philippines, Republic of Equatorial Guiena, Portugal, Sephardies…all...
In Spain “Escritura” or “Escritura Pública” means Deed or legal written document signed, sealed, witnessed and recorded by a notary public. A Deed related to any form of real estate transaction is normally submitted to the Land Registry for its registration....
Non-resident individuals owning real estate properties in Andalucía, Spain, have the obligation to declare and pay the following taxes every year: Land Rate tax (or I.B.I. ) , yearly payable to the municipality. It is based on the valor catastral (officially rated value) of each property...
IBI, or Impuesto de Bienes Inmuebles, means the municipal real estate tax. This tax is charged annually by the municipality. Every IBI receipt shows the real estate property’s cadastral reference number (important for several other tax declarations) as well as the official assessed value of...
There are two taxes and two expenses that must be paid: TAXES A) Transfer tax: In Spanish it is known as Impuesto de Transmisiones Patrimoniales (ITP), and in Andalucía is: 1) 8% for the stretch of the value of the real estate property declared in the...
It is a digest of the property’s record into the Property Registry books, which will incorporate a mention to any mortgages or several other charges pending on the property as well as the true owner’s identity....
Declaring and registering a new building at the Property Registry in Spain is not a legally demandable action since for constructions as well as in general for several other real-estate transactions the rule is of voluntary registration. However, as for the case of registration of...
Yes, you can. But only in case the hidden defects existed by the time the sale took place and they are substantial defects (not unimportant, or small ones). The term you have to claim your money back is 6 months after the sale’s completion date....
The answer is no in what refers to the relevant and substantial legal aspects of the Probate. The Spanish Civil Code (Código Civil) indicates that the national Law of each person at the time of their death will be the one legally governing their inheritance....
No it is not. The Law establishes that the deposit will be an obligatory exigency and benefit for both parties, landlord and tenant, respectively....