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News
Pag 1/3 - TOTAL 19 NewsReforming a house
Before reforming a home, you need to be clear about your budget and the type of work that you are going to be doing. A general distinction is made between a superficial change and a structural change. A technical architect would be required for major renovations; our architects from the I-VEO team can ensure compliance with the...
Visa through a real estate investment in Spain
The Spanish government passed a law in 2013 to encourage foreigners to invest in Spain for residential purposes. This visa, called "Golden Visa", is open to anyone who invests more than € 500,000 in real estate in Spain. It gives you the right to reside, work and travel within the European Schengen area in Spain. What are the...
Inheriting a property in Spain
A) THE HERITAGE Without going into the details of the inheritance law regulated in the Civil Code in Book III, we are interested in what happens when a property in Spain is inherited. First of all, a distinction must be made between the division and acceptance of an inheritance: - ACCEPTING AN INHERITANCE is a free and...
What are hidden vices?
Hidden vices, "vicios ocultos", are defects that are not perceived with the naked eye and you are not aware of them until a while after the purchase. According to the Pan-Hispanic Dictionary of Legal Spanish, Hidden defects of the thing existing at the time of acquisition that make it inappropriate for use by that it is intended...
How is the sale of a property taxed in my income tax?
The sale of a home must be included in income tax as it is subject to income tax on the capital gain made. For people residing abroad, please read our article on taxes for foreigners. -> Capital losses are not taxed, but must be declared and can be offset against other capital gains. The gain is determined by the difference...
If you want to sell your house: prepare these documents:
Once the decision to sell is made, the owner should prepare all the documents that will help him carry out the operation successfully. Here is an overview of the required documents and how to get them. Identity document First, the owners who want to sell will be identified through their original and valid national identity document....
Catalonia limits the construction of properties on the coast
The Generalitat of Catalonia definitively approved the already announced Protection Plan for the Costa Brava that will prevent the construction of some 15,000 homes and authorized the Department of Territory to start the drafting of a new Urban Master Plan (PDU). The new PDU will imply that in 26 municipalities on the coasts of Barcelona and...
Everything you need to know about the taxes paid by non-residents with real estate in Spain.
Non-resident or Spanish foreigners residing abroad must pay taxes on properties acquired in Spain. For the income obtained in Spain, non-residents are taxed by the Non-Resident Income Tax and also the Property Tax and in some cases the Wealth Tax. But the first thing to clarify is the tax concept of residence. 1. Tax residence in...