Larraín Nesbitt Abogados

Spain's property market

Spain’s property market fractures into two

The latest figures show how Spain’s real estate market has fractured into two distinct categories. On the one hand, you have cities and regions where property prices have turned the corner and are now steadily falling- by two digits in some areas.
Spain’s Digital Nomad Visa

Spain’s Digital Nomad Visa explained by a lawyer

Spain’s Digital Nomad Visa allows non-EU/EEA nationals to live and work remotely from Spain for foreign companies or international clients. Who qualifies for the Digital Nomad Visa?Key requirements for the Digital Nomad VisaVisa duration & renewalDigital Nomad Visa benefitsConclusionWho qua
new squatting rules Spain

New Supreme Court ruling on squatters

Spain’s Supreme Court delivered a landmark ruling last June against squatters.Up until now, it was regarded as a criminal offence to shut off the utilities of your home if you had squatters living inside. This was regarded as a coercion offence, which is punishable by jail time.
plusvalia tax spain

Spanish Plusvalia tax explained

Plusvalia tax is a devolved tax levied by the town hall where your property is located. It taxes the increase in value of the land (hence its Spanish namesake, plusvalia, or increase in value).
Photo by Helloquence on Unsplash

IBI tax explained

Unbeknownst to most non-resident property owners, when buying property in Spain, you automatically become liable to pay IBI tax the following year. No one will give you a heads-up on this tax, so it is up to you to find out how much you owe and comply with your local Tax Authorities.
¿Cómo saber el valor fiscal de un inmueble?

Taxes on selling property in Spain

Continuing with last week's article (Taxes on buying property in Spain), in today’s article, we focus on the taxes sellers need to face.Capital Gains Tax Plusvalia TaxCapital Gains Tax This tax is paid to the central government, to the Spanish Tax Office (AEAT).CGT is taxed on th
Find out what taxes you have to pay when you buy a new or used home in Spain / Pixabay

Taxes on buying property in Spain

Taxes in Spain differ depending on whether you are buying a new-build (from a developer) or resale property (second-hand property or reventa, in Spanish). In addition to the above, taxes are not uniform in Spain.