The measure was announced 3 days ago by Ana Pastor, Minister of Development, at the press conference after the Council of Ministers. It implies that anyone who purchases a house from tomorrow will, when selling, receive a 50% bonus on Plusvalia taxes (a tax payed over value increase). The exemption serves both individuals and corporations so the personal income tax and corporate tax are affected. The measure will not affect transfers of [...]
If you are thinking of selling your house on the Costa del Sol these tips might prove useful to you. If you have any additions or comments we would love to hear them. Make up your mind, is it the time to sell? A no brainer but in this market we see so many people [...]
Last tuesday Marbella town hall has approved applications for a total of 44 social housing properties. Town hall spokesman Felix Romero says these type of propeties can be divided into three groups: one bedroom properties for a maximum of three persons, two bedroom properties for a maximum of five persons and three or more bedroom [...]
The IBI tax is a direct property tax charged by the local authoroty; the ayuntamiento/town hall. This tax is comparable to local rates paid in other countries. The IBI tax is calculated over the cadastral value of the property, a value given to your property by Catastro mostly for fiscal usage. Marbella nowadays charges a [...]