Latest News & Updates from LCP Spain

The Important Stuff!  What taxes are involved in Buying OR Selling a property in Spain,

The Important Stuff! What taxes are involved in Buying OR Selling a property in Spain,

Purchasing any property in Spain involves the payment of different taxes, ranging between 8% and 11.5%. Depending on the property, these taxes vary.  A new build has a higher tax rate than a resale, VAT - ( IVA in Spanish) - 10 %  and also Stamp
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What Happens AFTER you have bought your dream property!

What Happens AFTER you have bought your dream property!

Help!!!   I know NOTHING about what happens  AFTER  I buy my Spanish Home... If you own a property on the Costa Del Sol you are sure of Sunshine, Great Beaches, fantastic restaurants, stunning views and an enviable lifestyle….. and TAX! Many
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The Process of Buying Your Property In Spain

The Process of Buying Your Property In Spain

The process of buying in Spain AT LAST, You have found your perfect property. It is now essential to take it off-market .  95% of properties on the Costa del Sol are listed with several agents, and LCP is not fully in control of viewings to the prop
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Here are a few tips to get your property sold fast!

Here are a few tips to get your property sold fast!

When selling your property, first impressions count
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COVID IS NOT STOPPING PEOPLE BUYING ON THE COSTA DEL SOL!

COVID IS NOT STOPPING PEOPLE BUYING ON THE COSTA DEL SOL!

While we are all getting used to a new way of living, here in Spain some things are the same, but different.Our day to day practices may be undergoing many changes, but the basics in our lives remain the same. One such thing is the purchase of the pr
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The trends that the coronavirus has brought to housing ... and that are here to stay

The trends that the coronavirus has brought to housing ... and that are here to stay

The unexpected crisis caused by the coronavirus has brought the real estate recovery stage that started in 2014 to a halt. In the coming quarters, the housing market is facing a drop in sales, the mortgage firm, prices and operations investment. If t
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HOLIDAY RENTAL PROPERTY LICENCES TO BE DECIDED BY THE COMMUNITY

HOLIDAY RENTAL PROPERTY LICENCES TO BE DECIDED BY THE COMMUNITY

March 6th brought into effect the new law in Spain regarding property rentals. While most of the law deals with Long term rentals, there is a major change to short term.
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If you own or rent out your property in Spain… You MUST KNOW THIS!!

If you own or rent out your property in Spain… You MUST KNOW THIS!!

The Spanish Tax Office is Penalising Undeclared Holiday Rental Property Owners with fines of up to 150% AND Non-Resident owners who fail to do a Tax Return in Spain.
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Watch the letterbox… The Spanish Tax man has been busy!

Watch the letterbox… The Spanish Tax man has been busy!

Watch the letterbox… The Spanish Tax man has been busy!
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2018 annual Spanish housing report

2018 annual Spanish housing report

HOUSING PRICES ON THE UP, BUT STILL A FAR CRY FROM PRE-CRISIS LEVELS In 2017, housing prices consistently grew across the whole of Spain, especially in the more fast-paced markets. According to the Housing Price Index (Índice de Precios de Vivienda.
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Neighboring communities may charge up to 20% of their expenses to the owner of a tourist apartment

Neighboring communities may charge up to 20% of their expenses to the owner of a tourist apartment

The Council of Ministers today approved a royal decree-law of urgent measures of rental law in which are addressed, among other issues, an extension of the mandatory of contracts from three to five years and the tacit from one to three, as well as li
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New rules to get a mortgage in Spain

New rules to get a mortgage in Spain

The amendments to the new Mortgage Law have been developed based the conditions of “material transparency”. This transparency  must be met between banks, clients and notaries when formalizing a mortgage. This requires a series of new obligations
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