Everything you need to know about the Real Estate Investment
Spanish Visa offers expert legal advice on property transactions for expatriates in Spain. Their services include advice on property purchases and assisting clients throughout the entire purchase process, from start to completion. They also offer legal advice on property sales, focusing on minimising Capital Gains Tax and ensuring correct filing of tax returns.
How SPANISH VISA Can Help You with the Real Estate Investment
Specialized Consulting for Real Estate Investment
At SPANISH VISA, we accompany you every step of the way to the process of a Real Estate Investment, ensuring that your experience is smooth and successful.
Do you have any questions?
Do you want to know more about the Real Estate Investment?
Do I have to reside in Spain to buy a property?
It is not necessary to reside in Spain to buy a property. You can purchase property as a non-resident, but you will need to obtain a NIE and comply with tax obligations.
What legal requirements must I meet to buy a property in Spain?
You need a NIE (Foreigner Identification Number), a Spanish bank account and make sure that the property is free of legal encumbrances through a specialized lawyer.
What taxes do I have to pay when buying a property in Spain?
Taxes include VAT (for new properties) or Property Transfer Tax (ITP) for used properties, as well as notary and registration fees.
Can I rent the property after purchase?
Sí, puedes alquilarla, pero debes cumplir con la legislación local sobre alquileres y declarar los ingresos generados.
What if I want to resell the property in the future?
When reselling, you will pay the Municipal Capital Gains Tax and the Personal Income Tax on capital gains. A lawyer can optimize the process.