propertysotogrande.es

  If it has long been a dream of yours to buy a property in Sotogrande , but you are unsure exactly how the practicalities of such a plan would work, the good news is that it’s actually relatively straightforward to purchase a home in Spain. This is especially the case as would-be buyers from overseas don’t face any restrictions in terms of their basic right to buy property here. But of course, that’s not the start and end of any conversation about the buying process. There are still certain things you will need to know, so we thought we would provide a quick summary of many of them below. What do you need to do before buying a Spanish property? If you are serious about acquiring a property in Spain as a foreigner, you will need to go through some practical steps before being able to actually purchase your dream home. One such essential will be having a financial number, or what is commonly referred to as an ‘NIE’ number in Spain. You can submit an application for an NIE du...

  As an online property portal presenting listings from multiple trusted estate agents in Sotogrande , we receive a lot of questions from those looking to purchase a property in this sun-drenched part of the world. Almost inevitably, a lot of those questions focus on tax affairs – which is understandable, given that if you are interested in buying a home here, you won’t want your dream to be marred or even ruined by tax-related trip-ups. If, for instance, you are from the UK, you may be curious to know whether Spain has an equivalent to Council Tax. And the short answer is, yes it does – so let’s take a closer look at what it is, and how it works. What is the equivalent of Council Tax for Spain? The tax in Spain that could be considered as equivalent to Council Tax is called IBI, or ImpuestosobreBienesInmuebles. It is collected on an annual basis by the local authority, and the money is used to fund local services. If you own property in Spain, you will be required to pay i...