How to get to a Solvent Tenant in Madrid?

The punctual collection of the rental income of flats is today the main concern of the landlords and it is not for less. A landlord-tenant dispute can not only be costly, but also a lengthy legal battle where not a penny of rent is collected. Then, the passive income that you had planned to generate…

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How much commission do real estate agencies charge in Madrid?

If you are here it is because you are an intelligent person. You are a flat owner and you want to understand more about the real estate business before putting your flat up for rent. If you want to know how much commission real estate agents charge or you are studying the possibility of managing…

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The last method of calculating capital gains tax in Spain

¡Good News! The new method of calculating the Capital Gains Tax in Spain On October 26, the Constitutional Court of Spain made the calculation applied to the Capital Gains Tax or the “Impuesto de la Plusvalía unconstitutional. Many were happy with the measure, especially those for whom the calculation of the tax payment when selling…

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I inherited a house in Madrid. What should I do to keep it?

  You have just inherited a home in Madrid and you are wondering, “What should I do? What steps must be followed? Can I sell it or rent it? Who can I get advice from?” Starting to look for information on the subject is a step in the right direction and in this article we…

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Can household services be cut off when a tenant stops paying rent?

The quick answer is NO. The cutoff will occur depending on whether the bill for said service is in the name of the tenant or the owner. Before continuing to develop the answer to today’s question, let’s take a look at the reference regulations regarding electricity, natural gas and water:   Electricity and natural gas…

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How and when to change the holder of the electricity contract of a house for rent?

Some owners of rental homes prefer to retain ownership of the electric service. The main reason: to avoid having to make 2 ownership changes, but in reality maintaining the service in your name can be costly, as you will see below. What professionals recommend is that the holder of the electricity contract is the person…

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The 3 taxes for buying a home in 2020 in Spain, with or without a mortgage

2 years ago we made an articlen   where we explained all the taxes you must pay to buy a home in Spain. However, in 2019 a new Mortgage Law was passed which brought some changes that modified the total taxes to be paid. There are 3 taxes related to the purchase of real estate…

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What will happen to the housing rental market after the Coronavirus? Supply and demand analysis

Articel Resume:   In recent weeks we have interviewed several owners of rental homes to estimate the % of families in a state of economic vulnerability due to Covid-19. Up to 20% of families living for rent may be in this situation. ↘️ There is less demand from people who have lost part of their…

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