Blog

Buying Property in Spain Through a Company: Can You Really Pay Only 2% Transfer Tax?

If you’re thinking of buying property in Spain, you’ve probably come across the idea of purchasing through a company to reduce transfer tax (ITP) from 7% to just 2%. On a high-value property in areas like Marbella, Mijas Costa, or Estepona, that could mean saving tens of thousands of euros.
But is it really that simple? The short answer: no — the reduced 2% ITP applies only in very specific situations, and failing to meet the requirements can lead to unexpected tax bills, interest, and penalties.

Hotel W Marbella: A New Icon of Luxury on the Costa del Sol

Hotel W Marbella: A New Icon of Luxury on the Costa del Sol

Marbella is set to shine even brighter on the luxury tourism map with the arrival of the W Hotel in Las Chapas. This project is more than just a hotel; it’s a statement of intent to elevate the Costa del Sol to a new level of exclusivity. With an investment of...

Why choose The Costa del Sol

Why choose The Costa del Sol

It is a dream of so many to own a holiday home in a warm climate on the Mediterranean. Others are searching to find a property that can give them a second income and a great return on investment. Then, with the change in working practices after the pandemic, many are...

Why do you need a lawyer?

Why do you need a lawyer?

Having an experienced lawyer working alongside you could literally be a deal breaker.O Is the property legal?O Are the square metres legally declared?O Are the property borders correct?O Is the paperwork in place to allow you to rent out the property?O Are there any...

Non-Resident Tax Returns

Non-Resident Tax Returns

If you own a property in Spain but live more than 183 days a year outside of Spain you will be considered a Non-Resident in Spain for Tax purposes. Therefore, you will need to pay property taxes in Spain even if you normally pay taxes in your home country.As a...

What is The Golden Visa?

What is The Golden Visa?

The Golden Visa for Spain is a residence visa issued to a non-EU national who intends to make a significant investment in the Spanish economy. The visa offers the holder and their family members residency in Spain and visa free access to the Schengen Zone. How to...

What are the buying costs?

What are the buying costs?

Buying Costs    The costs for buying property in Spain are slightly different, dependent on whether you are buying a brand-new property from a developer or a previously owned property which has been deeded. We call them Resales properties.  Here is a quick...

Five Steps to Buying a Property in Spain

Five Steps to Buying a Property in Spain

Clients approach us every day asking for help in finding the right property for them. But what is the process for buying a property here in Spain?  Did you know that it is very different to house hunting in other countries. We have access to every single property...

Looking to sell your property?

Looking to sell your property?

Why would you sell with us? We think it is testament to the quality of service we give to our clients when many come back to us years later when they want to sell to either downsize or upgrade their homes.  The most important aspect is that our clients know that they...