La reciente modificación en la Ley de Impuestos que incluye nuevos gravámenes para la banca, energéticas y grandes fortunas, ha pasado desapercibida para muchos, pero su impacto en el sector inmobiliario podrÃa ser significativo. Esta modificación en el Impuesto sobre el Patrimonio afecta directamente a los extranjeros no residentes que tengan inmuebles en España.
What are the requirements for registering in a municipality? If you are asking yourself this question, it is important to know that being registered in the place where you reside is essential for carrying out administrative procedures and receiving notifications from the municipality. However, do you know what documents you need to register and what […]
A few days ago a client asked me the following question: I am going to buy a house that is 50 years old and in a regular state, with the purpose of reforming it. The value of the property on the market is lower than the cadastral reference value, for what value do I have […]
The government and the banking sector have reached an agreement on the measures to be adopted to alleviate the mortgage burden of more than one million vulnerable families or those at risk of vulnerability due to the rise in the Euribor, while preserving financial stability, according to the Ministry of Economic Affairs and Digital Transformation. […]
The purchase of a house as an investment is the second most important reason for buying, only behind the need to live in a larger property. Housing offers a yield of 10%, a much higher percentage than 10-year government bonds (2.6%) and deposits (0.4%), according to the Bank of Spain. The purchase of housing as […]
Since January 1st, the new reference value of the Cadastre is the taxable base for taxes as important as the Transfer Tax (ITP), Stamp Duty (AJD) or Inheritance and Gift Tax (ISyD). In other words, it is the key to determine how much tax has to be paid for the purchase, inheritance or donation of […]
Regulatory changes to legalise and constitutionalise the municipal capital gains tax came into effect on 10 November. The rule is not retroactive, so more taxpayers than the government expects are exempt from paying the tax. Now, the Directorate General of Taxes, part of the Ministry of Finance, has clarified the circumstances in which taxpayers must […]
The Real Estate Cadastre is the administrative register of the Ministry of Finance and Public Function in which rustic, urban and special characteristics real estate is described. It is regulated by the Texto Refundido de la Ley del Catastro Inmobiliario. Unlike the Land Registry, registration is compulsory and free of charge. This description of the […]
The Constitutional Court has declared the capital gains tax unconstitutional, which means that it has been annulled and will no longer be levied by local councils. This is the third ruling that the high court has handed down against this controversial tax on the increase in the value of urban land (IIVTNU), a tax that […]
Amortising the installation of solar panels is now a reality, the use of this renewable energy is no longer an exorbitant expense. The initial investment is now easier to recover. 1. Why are solar panels profitable? Solar panels are also cost-effective for single-family homes and condominiums. There are two reasons for this. On the one […]
