Latest Blog Posts: Real Estate Marketing That Actually Sells
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Buying a home in España for retirement
Retirement · Housing and lifestyle A retirement home should work for you today and continue to do so as your needs change. Buying a home in España for retirement is not just about choosing sun, beach or an attractive property. It is worth comparing healthcare services, daily life, transport, accessibility, year-round climate, recurring costs, community…
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Wealth Tax and properties in España
Wealth · Real estate property Owning a high-value home does not automatically mean paying Wealth Tax. Wealth Tax is levied on the net wealth of individuals. To determine whether a property affects a tax return, fiscal residence must be analysed, the full range of assets and rights, deductible debts, exemptions, the property's tax valuation and…
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Mortgages in España for foreign nationals and non-residents
Mortgage financing for international buyers Being a foreign national or non-resident does not automatically determine a financing percentage A foreign national can apply for a mortgage to buy a home in España. Approval is not automatic: the lender must assess the applicant's creditworthiness and the transaction, and its commercial criteria may vary depending on the…
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Taxes when buying a home in Castilla-La Mancha: ITP, VAT and AJD
Purchase taxation · Castilla-La Mancha The tax varies depending on whether you buy a resale property or a new-build home. In Castilla-La Mancha, a standard purchase of a home or sada is normally subject to Tax on Onerous Property Transfers (TPO/ITP), whereas the first transfer of a new-build home is normally subject to IVA and,…
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ITP when buying a second-hand property in España
Taxation of usada property When buying a second-hand property, knowing that ITP exists is only the first step The purchase of a usada property normally falls under the category of Taxable Property Transfers (TPO) under ITP. But there is no single rate valid across all of España: the property's location, regional regulations, the taxable base…
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Taxes when buying a home in Cantabria: ITP, IVA and AJD
Cantabria · ITP · IVA · AJD In Cantabria, the tax depends on whether you are buying a resale property or a new build, and on how the property will be used For a standard purchase of a resale home, ITP/TPO normally applies.sada For the first transfer of a newly built home, IVA normally applies…
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Costs of buying a property in España
Purchase budget The advertised price of a property is not the total cost of buying it. In addition to the price, acquisition taxes, the deed, Land Registry registration, professional advice, valuation fees and other costs linked to the method of purchase may apply. The final amount varies depending on whether the property is usada u…
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Taxes when buying a home in Canarias: ITP, IGIC and AJD
Real-estate taxation · Canarias In Canarias, you should not automatically calculate a purchase using mainland VAT. The Canary Islands tax system has its own indirect tax regime. A usada property is normally subject to Transfer Tax (TPO), while certain transfers of new-build properties are subject to the Canary Islands General Indirect Tax —IGIC— and the…
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Power of attorney to buy a home in España
Representation · Home purchase You can buy without being present for every signing, but the power of attorney must cover exactly what your representative will do. A power of attorney allows another person to act on behalf of the buyer within the powers granted. In a property purchase, it is not enough to have a…
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Taxes when buying a home in the Balearic Islands: ITP, IVA and AJD
Property taxation · Balearic Islands In the Balearic Islands, resale properties and new builds follow different tax regimes. A usada property located in the Balearic Islands is normally subject to Transfer Tax (TPO, commonly referred to as ITP), with a progressive regional tarifa general rate. A first transfer of a new home subject to IVA…