Since I joined De Cotta Law in 2021, I have spoken to lots of clients about the ‘90 in 180 day rule’. Many Brits claim that this is unduly restrictive, with some of them even deciding to sell their second … Continued
The regional government of Andalucia has just approved a Decree removing Wealth tax which was payable by those individuals with assets of 700.000€ (non-residents for Spanish assets) or 1.000.000€ for residents on their worldwide estate. This would be attractive to … Continued
Making the property market even more interesting in Spain is a major change to the local taxes normally payable by vendors or inheritors of property – the plus valia – or local capital gains improvement tax. The varying rates charged … Continued
The Royal Decree-Law 35/2020 has established the possibility for small and medium-sized enterprises and self-employed workers in Spain to request a rent deferral or a 50% rent reduction before 31/01/2021, if no agreement has been reached between the parties and … Continued
In Spain there is no legal obligation to register property at the Land Registry. However, the failure to do so and for the registry to accurately reflect the size and description of the property can have serious and sometimes unforeseen … Continued
In Spain it is possible to obtain court injunctions where there is evidence that a neighbour is building on part of your property or building without a licence and the construction affects your property rights. For example, if you live … Continued
With construction commencing again and prices rising in most areas of Spain many people are buying property off plan. This can be a very good way to purchase with payment in instalments until the construction is completed. Buying in this … Continued
In Spain there is no legal obligation to register property at the Land Registry. However, the failure to do so and for the registry to accurately reflect the size and description of the property can have serious and sometimes unforeseen … Continued
There have been a lot of harbingers of doom about Brexit and British citizens buying property and moving to Spain. However, on re-reading the Joint Report of the UK Government and the European commission of 8th December 2017 it is … Continued
Clients who own property in Spain are often concerned about both the taxes they will pay on sale and the transfer of their funds after sale. For British clients there can be the additional worry about converting the funds into … Continued
Ensure that the legal title is checked and that the property can be sold free of any debts and charges Establish with an English speaking independent lawyer if the property is fully licenced and that no administrative or legal sanctions … Continued
We are pleased to say that one year since this legislation came into effect many of our clients are now receiving registration numbers issued by the Junta de Andalucia for Holiday Rental properties. The registration document provides a VFT number … Continued
