The Andalusian government has given the go-ahead for a reduction in the transfer tax (ITP), which taxes the purchase of a used home, to 7%. In this way, the three rates of 8, 9 and 10% disappear. In addition, it also includes a small reduction in the tax on documented legal acts (AJD), which goes…
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Belgians are traditionally a bit shy when it comes to declaring income, and even more so when it comes to foreign income. To this day, there are still a lot of Belgians who own a property in Spain, and still do not include it in their Belgian tax return. You are of course obliged to…
Read MoreIn the first three months of this year 1,057 homes were sold to Belgians. That’s about 27 percent more compared to the same period in 2013, which was also a record year. Since the Spanish crisis of 2008, the houses and apartments are cheaper by half. “And in Belgium the sun shines less and we…
Read MoreThe real estate experts agrees to say that the Spanish real estate market is on the verge of a revival. As it could not go far lower, it may be the best time to invest. The prices of the luxury market have stopped decreasing and are even on the raise in Spain for the last…
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