This depends, among other things, on the location and size of the property, as well as how much it is used. Electricity and water are variable costs. IBI – IMPUESTO SOBRE BIENES INMUEBLES. This is an annual municipal tax that everyone is required to pay, regardless of...
As a non-resident, you are required to submit an annual tax return. This tax is not actually related to income, but is a tax that all non-resident homeowners must pay each year. It is a percentage tax on the use of your own home or any rental income. The tax is...
What expenses will you incur when buying a property in Spain? There will be a bit more than 10% in costs on top of the price the buyer has to pay. Take this into account when setting your budget. The price stated on the property is not what it will cost you. If you're...
It is not always easy to keep track of Spanish public holidays. Not only do they have national holidays, but also regional and local celebrations. Shops and public offices close, and decorations are put up. Spaniards take their fiestas very seriously, and there may be...
Do you have an old car you want to get rid of in Spain? We constantly hear about people who say they took their car to a garage to have it scrapped, but still find themselves being charged road tax. To the owner's despair, it turns out that the car has not been...
Wills that are to be used as a basis for inheritance settlements and probate are public documents that must be signed in front of a notary and registered with the will registry (ultimas voluntades). The will is registered immediately after signing at the Notary. The...
Are you planning to settle here for a longer period of time? Many people dream of a life in Spain, not only pensioners, but also younger families who want to live in a warmer climate. The first thing you need to decide is whether to rent or buy. If you only intend to...
What is NIE? If you plan to stay in Spain for an extended period of time, either for study or work, or if you wish to invest in property, we recommend that the first thing you do is apply for a NIE number (identification number for foreigners). You will need this for...
Buying property without risk is certainly possible. Below, we publish an article written by our partner, lawyer Alicia Miranda from the Ripoll Abogados law firm. The first and most important piece of advice is: TAKE YOUR TIME! It may have taken several years to...
