Understanding Capital Gains Tax in Spain: Resident vs. Non-Resident Sellers
Learn how capital gains tax in Spain works for residents and non-residents. Mitchell’s Prestige Properties guides you through key rules and exemptions.
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.
Top 10 Things to Do on the Costa del Sol
Whether you are over here house hunting or you have already secured your dream holiday home, take a look at our top 10 things to do on the Costa del Sol when you are here. 1. Visit Malaga Most people only ever associate Malaga with the airport. They fly in and head...
Our Eight Step Guide to Buying Property in Spain
The thought of buying a property abroad is an exciting and attractive prospect for many, but not knowing how it all works in a foreign country can be daunting. If you want to buy a home or holiday home in Spain, but don’t really know where to start or how it all...How does real estate work in Spain?
This is an important part of the buying process for newcomers to the Spanish property market and something that can tranform your experience. In many countries, estate agents have their own property listings, so you have to go from agency to agency to find the...