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…

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…

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…

Are you thinking of buying the house where you live for rent? Here is the list of advantages and disadvantages

Last Monday we met with a client for whom we managed the sale of his house in El Barrio de Puerta de Hierro in Madrid. At that meeting he asked us to advise him regarding the rent with option to buy. Several times we have been asked this query, and for this reason we have…

Do not make this mistake when calculating the Municipal Capital Gains tax

Son muchas las confusiones que existen en torno al Impuesto sobre el Incremento de Valor de los Terrenos de Naturaleza Urbana, conocido comúnmente como “Plusvalía Municipal”. En este artículo veremos que no tiene nada de misterioso y que su cálculo es muy sencillo y te daremos un ejemplo para que tu mismo puedas hacer tus cálculos. Si necesitas ayuda, no dudes en contactarnos.