Spanish Property Market
International experts agree that the Property market continues to attract buyers from many countries. Many buyers in Andalucia are continuing to take advantage of the reductions in taxes that took place some years ago and have continued into 2025. In Andalucia the principal property tax transmission tax – ITP – on resales is currently 7%. […]
IMPORTANT CHANGES TO REGULATIONS FOR HOLIDAY RENTALS IN SPAIN
In 2025, Spain introduced important changes in its regulations regarding holiday rentals. The aim is to reconcile the boom in the tourism sector with the rights of residents and their right to access to housing. These changes affect homeowners as well as rental platforms and Communities of owners throughout Spain and the Islands. The first […]
Spanish Visa options for nationals of countries outside the European Union
There are two types of Visa available to non-European nationals. The Non Lucrative Visa (NLV) and the Digital Nomad Visa (DNV). The requirements to prove sufficient financial means; a criminal record check and appropriate private Medical insurance are necessary for both types of Visa. The NLV must be applied for through a Spanish Consulate in […]
British residents who were in Spain prior to 1st January 2021 should apply for their TIE now.
Many British residents and visitors to Europe will have heard about the new EU’s Entry Exit System (EES). This will affect British residents living in Spain and is going to be positive for those who hold the TIE. The TIE is a biometric card which is listed as a residency document under the Withdrawal Agreement. […]
De Cotta Law at a Place in the Sun
De Cotta Law were pleased to be present at the Place in the Sun exhibition in Birmingham. Many visitors to the event were looking for holiday properties, residential properties and Visas to move to Spain permanently. The opportunity to speak to people on a one to one basis meant we could provide tailored advice to […]
Joint property ownership – Declaring Joint ownership or bringing it to an end
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 partners were advised to put the property in one name but now find that their spouse […]
90 in 180 days – is it really that bad?
Since I joined De Cotta Law in 2021, I have spoken to lots of clients about the ‘90 in 180 day rule’. Many Brits claim that this is unduly restrictive, with some of them even deciding to sell their second homes in Spain because of it. Post ‘Brexit’, a British national can only spend 90 […]
Squatters & Illegal Occupation of property
The law on illegal occupation of property was changed in 2020 in an effort to give better protection to property owners. Unfortunately, while some of the changes have improved the position, once squatters have been in possession for some time and can prove it is their sole residence, it can still take many months to […]
More good reasons to buy property in Andalucia & the Canary Islands
The regional government of Andalucia has just approved a Decree removing Wealth tax which was payable by those individuals with assets of 700.000€ (non-residents for Spanish assets) or 1.000.000€ for residents on their worldwide estate. This would be attractive to those who are considering buying Andalucian property and possibly taking up residency with one of […]
I am a British resident and I own Spanish property. Should I gift it to my children during my lifetime?
If you gift Spanish property to your children then there are various things that one needs to think about. What tax you will pay tends to be at the top of one´s list. As a Spanish non tax resident, regardless of whether you sell or gift your property, you will need to account for 19% Spanish […]
Spanish taxation
Whether you live in Spain full time or part time you may be liable to pay tax in Spain. The primary test for Spanish tax residency is spending 183 days or more living in Spain per calendar year. Even if you don´t spend 183 days in Spain but you own property you need to make […]
Major changes to Spanish Town Hall taxes on sales and inheritance – plus valia
Making the property market even more interesting in Spain is a major change to the local taxes normally payable by vendors or inheritors of property – the plus valia – or local capital gains improvement tax. The varying rates charged by different municipalities, particularly when there could be a very large variation between two neighbouring […]