Who chooses the notary in Spain?
In principle, the person who pays the notary fees also chooses the notary. This is the buyer. However, purchase contracts for new construction or bank repossessions usually provide a clause
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In principle, the person who pays the notary fees also chooses the notary. This is the buyer. However, purchase contracts for new construction or bank repossessions usually provide a clause
Once the deed date is known, we will prepare a settlement with the balance due for you. In addition to the balance of the purchase price, we take into account
No. The inheritance law of your country of residence applies. For example, if you live in Belgium, Belgian inheritance law will continue to apply to
If you have a property in an urbanisation or a flat, there is also a co-owners' association with regulations and basic deeds. Here you will find
The annual cost for a typical flat is: The cost obviously depends on the region, the area of the property and the facilities in
Yes. For residential property, three types of contracts allow you to rent out:
Yes. You then pay taxes based on the cadastral value of your property. Specifically, you take 1.1% (if the cadastral value in the last 10
As a Spanish non-resident living in the EU, you pay 19% taxes on gross rental income less deductible expenses. Find more information here
You are not a resident of Spain and you rented out your flat in Estepona for 21 days during the month of August. You paid 3,000 euros for this
You have obligations in both Belgium and the Netherlands. In Belgium, you have to file the declaration for foreign cadastral income (KI) 4 months after purchase.
You take the purchase price excluding costs and divide it by a correction factor to calculate the (notional) value of the property in 1975. From this, you take
If you provide hotel services as a landlord in the context of holiday rentals during your guests' stay, you should charge 10% VAT on top of