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
We are pleased to report that the Andalucian regional government has approved a law coming into force today Decree law 7/2021 of 27th April reducing taxes on the purchase of property in the region. With the plans to ease travel … Continued
From 1st January 2021 British citizens who wish to buy rustic land in the Canary Islands must obtain a military authorisation, this is also applicable to some urban properties according to Law 8/1975 and Royal Decree 689/1978 that developed this … 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
On 17th September a new Protocol was published in Spain by the Secretary of State for Security No. 6/2020 to deal with cases of squatters and illegal occupiers of properties. It is always a shock if squatters or occupiers get … Continued
Royal Decree-Law 11/2020 has established measures to support families that live in a rented property and cannot pay the rental due to the COVID-19 crisis. Tenants can request a postponement in the payment of the rentals (including other expenses to … 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
