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…

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…

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…

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…

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…

How will the coronavirus affect the real estate in Spain?

How will the coronavirus affect the real estate in Spain?   The real estate market has been affected immediately after the arrival of the Coronavirus and the measures taken by the Government to stop its spread. Before continuing to analyze the real estate sector, we remind you to follow all health recommendations, such as staying…

How you can get the NIE in 5 simple steps?

As you have surely heard, the bureaucracy in Spain is one of the largest in the entire planet Earth. If you are interested in the topic, take a look at this article from El Mundo. I anticipate you that the officials can be quite discretionary, but this does not prevent you from asserting your rights.…

What is the difference between the bond and the deposit? Here we explain them

Are you going to sign a rental contract and do not know how the security and deposit issue works? Here we explain their differences.         Are you going to sign a rental contract and do not know how the security and deposit issue works? Here we explain their differences. During this process,…