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…
In 2018 I visited London and Miami. Like all trips, this one left me with many lessons. By exploring the British and American real estate market, I was able to experience how other estate agents in other countries worked and find out what was the basis of their success. I took note of what I…
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…
¡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…
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…
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…
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? 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…
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.…
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,…