Under Spanish law, the responsibility for paying taxes on the purchase of a property rests with the buyer. VAT (IGIC) – 7% of the price of a new property. – Transfer tax (Impuesto de Transmisiones Patrimoniales (ITP) – 6.5% of the value of a second-hand property. – Stamp duty (AJD) – 1.0% of the value…
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Documents required to be submitted to the bank for consideration of a mortgage loan: 1. Deposit contract. 2. Appraisal of the property. 3. Permanent employment contract, not less than 3 years old. 4. Tax returns for the last two years. 5. Employment certificate (indicate position, salary). 6. Certificate from the land register of the place…
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Investments in the Spanish property market are becoming a tool for long-term stability and growth. At Property Investments “Amulet” S.L., we offer unique opportunities for those who are looking not only for a beautiful home, but also for solid investments. Why Spain? Market stability: The Spanish property market is known for its stability and reliability,…
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Welcome to the world of real estate in Spain with the professional legal backing of Property Investments “Amulet” S.L. We offer expert consultation and accompaniment at every stage of your path to acquiring property in this wonderful country. Here are the main legal steps we offer: Legal advice: Our experienced lawyers will assess your situation,…
Read MoreOwning a home is a keystone of wealth… both financial affluence and emotional security.
