Non resident property owners taxes – Spain
The Spanish tax authorities – Hacienda – have begun a new campaign to ensure that non-residents who own property in Spain do pay their taxes. For many years we have been advising property owners of the importance of paying this tax annually. Now the tax authorities are actually sending demands giving an estimated or provisional figure […]
Holiday rentals and Tourism law
On Friday 1 July the Marbella Congress, Fairs y Exhibitions Centre housed the first Congress that dealt with the Law relevant to Tourism. The event was organised by the Malaga Bar Association in collaboration with Marbella Town Hall. The seminar raised questions on the legal and regulating framework of the Tourism Law, the peculiarities of hotel […]
Holiday rentals – New law Update
We can now provide an update on the new law on holiday rentals in Andalucia. This will apply to all individual Urban rental properties and not solely to those owners who have three or more properties. The law will come into effect on 12th May 2016. There will be a grace period of one year […]
Legalisation of properties in Andalucía
In Andalusia there are a number of properties, mainly private homes, on land not zoned for construction. Typically these properties have been built without a licence or without complying with the parameters of a building licence from a local authority, which has possibly ignored the infringement of planning laws. Legalisation of properties in Andalucía is […]
Good news – Tax reductions
REDUCTION IN TAXES FOR NON RESIDENT PROPERTY OWNERS We are very pleased to report a reduction in three important taxes for non-resident property owners in Spain. In moves to encourage property purchases and ownership the Spanish government has announced that from 1st January 2016 European citizens as well as those from Norway and Iceland will […]
Spanish property taxes
Taxes on Spanish property purchases – important information Property prices are now recovering but it may be some years before they reach pre crisis levels. When purchasing Spanish a property in Andalucia the transmission tax (stamp duty) is 8% of the value. Tax authority calculations vary but in this region the tax authority uses a […]
Property and marriage or divorce
Many people will remember signing their Deeds, (Escritura), for their property at the Notary. Spanish Notaries are officials of the state and have extensive experience and knowledge. Sometimes the Notary asks a couple about their “matrimonial regime” and this can cause confusion with English and British nationals who are not aware of the concept. it […]
Holiday rentals in Andalucia
PLEASE NOTE THE NEW LAW HOLIDAY RENTALS LAW WILL COME INTO FORCE ON 12TH MAY – PLEASE READ OUR ARTICLE AT https://decottalaw.redlinecompany-hosting.com/holiday-rentals-new-law/ FOR THE NEW RULES We are pleased to report that we have held another consultation with the Junta de Andalucia, the regional government, and the information they have provided confirms our interpretation of […]
Selling your Spanish property
Selling your Spanish property When you are selling property in Spain it is important to get independent legal advice. It is particularly important to ensure that your funds can be transferred back to Holland, Belgium, the UK or elsewhere having completed all the necessary documentation on leaving. If you have been resident in Spain and […]
Ghent Property Exhibition
Gisele van Meer our Dutch conveyancing partner attended a major property exhibition in Ghent in Belgium in March. Dutch and Belgian estate agents and Spanish banks sponsored and took part in the event. Gisele was able to give prospective buyers good advice on the legal and practical aspects of purchasing with more than 20 years’ […]
Joint Ownership – declaring joint ownership or ending joint ownership in Spain
Bringing joint property ownership to an end and declaring joint ownership This may sound confusing but if you are a joint owner with your spouse, civil partner or with a friend it is important to consider the obligations and tax implications if you sell or inherit half of the property. Equally some married couples or […]
Sandra Wrightson, De Cotta Law appointed an Ambassador for TATOC
Sandra Wrightson of De Cotta Law is just back from attended the annual TATOC Timeshare Conference 2014 in England (7th to 9th March), where she was appointed an Ambassador for TATOC. The association was originally established to assist owner’s committees and consumers and has become the first point of call for the OFT, the European […]