Guide For British Buyers Post-Brexit

Here you will find news, views, events and information relating to real-estate in Spain.

Category Archives: Property Tax

Guide For British Buyers Post-Brexit

Despite Brexit, Brits can stll purchase Spanish property

Since the United Kingdom officially left the European Union on 31 January 2020, British nationals purchasing property in Spain face a slightly different landscape. Brexit has introduced new legal requirements, tax implications, and residency considerations. However, buying a home in Spain as a British citizen is still very much achievable — it simply requires a Continue Reading

Modelo 720 Fines Declared Null and Void

Modelo 720 Fines Declared Null and Void

The draconian fines which were imposed under the Modelo 720 Assets Declaration have been declared null and void opening the doors to claiming the money back. This is some welcome news for foreign residents and investors. Under Spain’s 720 tax model, which was introduced back in 2012, foreign residents had to declare the assets they Continue Reading

Property Transfer Tax Reduced in Andalucia

A new flat rate of 7% will be welcomed

Some good news for property buyers recently announced is that the Andalusian government has approved a decree that includes a reduction in the Property Transfer Tax on the purchase and sale of second-hand homes. Previously, there were three rates set at 8%, 9% and 10% (depending on the property value) but these will now be Continue Reading