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Finestrat, Costa Blanca

Avenida del País Valenciano 7

+34 966 40 50 90

info@immoservice.es

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What to do when a renter does not pay his rent

What to do when a renter does not pay his rent

Three out of four owners fear to have to face a case of delinquency in the rental of their homes, according to the report by File of Tenant Tenants (FIM). According to this study, which argues that incidents due to late payments in rent have grown by 6.42% during the first five months of the […]

Costs when renting out a property in Spain

Costs when renting out a property in Spain

1. How much are your fees for the quarterly and annual declarations?We charge 135,00 Euros +  IVA (163,35 Euros) for each quarterly declaration if the property has two owners (two tax submissions) and 110,00 Euros + IVA (133,10) if there is just one property owner (one tax submission). We charge the same for quarterly declarations on rental incomes than for the annual declaration. For quarterly declarations […]

Duties of a property owner in Spain

Duties of a property owner in Spain

Everyone owning a property in Spain, despite residency status, etc., has to pay the following two taxes to the local authorities (Ayuntamiento or Patronato de Recaudacion): “Impuesto de Bienes Inmuebles”. This is the Local Property Tax  or Council Tax. Some people call it the “rates”. It is based on the official value “valor catastral” of your property. […]

Costs when selling a property in Spain

Costs when selling a property in Spain

The sale of a property in Spain can result a complex process, particularly if you don’t have the right information in advance. If you are planning to sell your property, the following information will help you to be prepared for that moment and will help you to avoid unpleasant last minute surprises. Firstly, let’s see what TAXES you […]

Costs when buying a property in Spain

Costs when buying a property in Spain

What are the costs involved in buying a property in Spain? As a buyer of property in Spain there are a number of costs and taxes over and above the property price that you will have to pay. Depending upon whether you are buying a new property from a developer, or a resale property from […]

New spanish mortgage law 2019

New spanish mortgage law 2019

The Law regulates the entire process of contracting a mortgage, from advertising to its signature, establishing new procedures that will affect both bank employees and their remuneration policies, as well as the client, who will have to make an extra effort to demonstrate that ‘Know what is done’ when signing a loan. For this reason, […]