The Spanish Municipal Urban Development Compatibility Report (Informe Municipal de Compatibilidad Urbanística) is a document which ensures that your property meets all the compatibility criteria set forth by the Urban Development Plan (Plan General Urbana or PGOU) of the City Council whereyour property is registered. If your home is located on the Costa Blanca, you...Read More

What are the most common taxes you are required to pay as a non-residentproperty owner in Spain? Spanish Property Tax (Impuesto sobre Bienes Inmuebles, IBI in Spanish): Tax on a property’s assessed value. It is normally paid once a year to the City. Council where said property is registered. Non-Resident Income Tax (Impuesto sobre la...Read More

You may obtain the status of Permanent Establishment (PE) in Spain in two ways: either when your main business activities take place anywhere in the Spanish territory or your business is located here, or when you appoint another person to act by proxy (power of attorney) and apply for your PE. Renting a property in...Read More

The Property Sale and Purchase Agreement in Spain is a legally-binding document with which the Seller is required to transfer the ownership of their property to the Purchaser, in exchange for a specific agreed upon amount of money. If you want more information about the contract of sale of a property or you want our...Read More

A Property Deed in Spain is a legal document signed before a Notary, which grants a property’s ownership and must be submitted to the Land Registry where said property is registered. The Property Deed needs to be signed before a Notary by both the current owner and the Purchaser.This document is a requirement for any...Read More

In Spain, an Earnest Money Contract is a written agreement that is signed prior to the purchase of a property. This document serves as proof of willingness to transfer said property from the Seller to the Purchaser. The reservation of the property is therefore made effective by signing the Earnest Money Contract, in which the...Read More

Tourist Accommodation in Spain Any individual property in Spain, whether it is a detached house, an entire building or an apartment within a residential complex, can initiate the procedures to be used as Tourist Accommodation. Property owners may hire different companies for managing and advertising their properties in order to be used for temporary accommodation...Read More

A Property Sales and Purchase Agreement is a written commitment between Purchaser and Seller to deliver a property in exchange for an arranged amount of money. On the one hand, this type of agreement requires the Seller to deliver their property in the same condition it was in when the agreement was signed; on the...Read More

The importance of drafting a Private Contract with an Option to Buy a Property in Spain Once you have chosen the best property for you and your family in Spain, you should get in touch with a Real Estate lawyer to advise you during the purchasing process. The length of the process depends on the...Read More

If you are the owner of a property on the Costa Blanca which you use as a second home, or to spend your holidays in Spain, this year you will have had the same thought so many others have had before you: How can I market my property as a holiday or tourist accommodation? Several...Read More