Articles: Owning

Taxes and Other Costs Associated With Owning a Property and Living in Spain

This article examines your obligations as a Spanish property owner in terms of taxes and ongoing costs that need to be paid. For more information on Tax Rates in Spain, consult the English language section of the Hacienda (tax authorities) site: http://www.aeat.es. There are certain benefits to being a resident, non resident or owning a company we suggest you read this article and the next (read article: Comparing the Costs of Owning Property) to gain a better understanding of your liabilities.

The Spanish System of Inheritance Law

The Spanish inheritance law emphasises the protection of the rights of the deceased’s direct descendents. If you already own, or are seeking to own, a property in Spain, take the time to speak to a lawyer and a qualified financial advisor. This will help you ensure that your assets are in order, and the correct provisions have been made so that your inheritor(s) pass through the process of probate easily.

The Guide to Renting your Property in Spain

With today’s low interest rates your rental return from your property could easily go towards paying most if not all of the costs, while you still have use of it for part of the year. With this obvious benefit in mind you should be aware of various important considerations while attempting to do this. This quick guide has been written to inform you about how you go about letting your property. As a landlord you have certain obligations to your tenants and renting is not without its pitfalls.

The Toolbox: Renting your Property - A Shortlist of Recommendations

Here is a summary of some of the more important points that we feel will help you make the right choices while choosing and renting your property:

Comparing the Costs of Owning Property

This report shows what it costs to buy, own and sell property in Spain it’s designed to give an overview to help make easy comparisons for the taxes paid by residents, non-residents and Spanish companies.

The Seller’s Guide to Spanish Property

Selling your property is about your strategy and network of contacts. Depending on what you choose greatly affects the length of time it takes to sell, and the potential returns you could make. This guide has been written to offer advice on how to maximise your chances of selling, and ensure that the process goes smoothly for all of the parties involved.

The Toolbox: Tips for Offering your Property for Sale

Here is a summary of some of the more important points that we feel will help you establish the best stratedgy to help you sell your property:

The Spanish System of Capital Gains Tax

When you sell a property in Spain you will be liable to pay capital gains tax on the profit you make. This article will demonstrate how the tax is currently calculated for residents and non-residents as well as discuss some of the proposed changes to the system that are due in 2007.