Monthly Archives: November 2012

Villas for Sale in Benalmadena – Which area is right for you?

Posted by Daniel Martinez in Areas of Benalmadena, Before Property Purchase, Spanish Property Tax | Tagged , , , , , , , , , , , | 1 Comment
29November2012

Here we provide information on the different areas in Benalmadena where you will find Villas for sale.  For Each area we give an approximate time in driving to the beach and amenities , as well as an approx year of … Continue reading

Change in Law for Residency for Russian,Chinese etc

Posted by Daniel Martinez in Legal Matters | Tagged , , | 2 Comments
24November2012

Spain looks to be changing its laws in relation to application for residency for countries such as Russia,China,Middle East, Egypt,South America etc.  If the new regulations come into place it would mean that property purchased over the value of 160.000€ … Continue reading

Tax Benefits of Purchasing in 2012

Posted by Daniel Martinez in Post Property Transaction Information, Spanish Property Tax | Tagged , , , , , | Leave a comment
23November2012

The government announced this year that anyone purchasing a property before 2013 will be entitled to a 50% discount on Capital Gains tax when they come to sell in the future. Also those who are fiscal tax residents and purchase … Continue reading

Increase of PurchaseTax for 2013

Posted by Daniel Martinez in Before Property Purchase, Post Property Transaction Information, Spanish Property Tax | Tagged , , , , | Leave a comment
23November2012

This is only currently applicable to New developments/promotions. i.e properties that are being sold for the first time.  This puchase tax is NOT the standard ITP (impuesto de Tramisiones Patrimoniales) BUT is actually IVA (VAT).  The central government announced that … Continue reading

Lawyers-Solicitors in Spain

Posted by Daniel Martinez in Before Property Purchase, Legal Matters, Post Property Transaction Information, Spanish Property Tax | Tagged , , , , , , , , | Leave a comment
21November2012

Do you Need a Lawyer/Solicitor When Buying or Selling? In Spain , you may sometimes come across estate agents who may advise you not to use a lawyer , they may say it is simply not necessary and they actually … Continue reading

After Purchase Checklist

Posted by Daniel Martinez in Post Property Transaction Information | Tagged , , , , , , , | 1 Comment
20November2012

After your Purchase, it would be advisable that you follow the following checklist to be sure that you can enjoy your new home in the best possible way. Change the locks Direct Debit your Community fees Direct Debit IBI tax … Continue reading

Completing at the Notary

Posted by Daniel Martinez in Before Property Purchase | Tagged , , , , , , , , , | Leave a comment
20November2012

Completion at Notary On this day, all parties are either present or legally represented at the Notary and the deed is signed by all parties for the tranaction of the property to take place.  If a mortgage is required or … Continue reading

Reserving the Property

Posted by Daniel Martinez in Before Property Purchase | Tagged , , , , , , , , | 2 Comments
20November2012

Reservation Process In order to take a property off market a reservation fee of between 3000€ to 6000€ is normally required.  This is known as the initial reservation and may be held by the agent, lawyer or vendor.  This form … Continue reading

The Property -What to look for

Posted by Daniel Martinez in Areas of Benalmadena, Before Property Purchase | Tagged , , , , , , , , , , | Leave a comment
20November2012

The Property (What to look for) Once you find the property (use this Search Facility if you havent found the right properety yet), be sure to visit at different times of the day, this way you will have more of … Continue reading