Further literature
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Books dealing with purchase of property (available in Spain):
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How to Make Money from Property: The Expert Guide to Property Investment
~Adam Walker
How To Books
Paperback - October 2000
The Buy-to-let Bible
~Ajay Ahuja
Law Pack Publishing
Paperback - June 2002
Rich Dad's Advisors: Real Estate Riches: How to Become Rich Using Your Banker's Money
~Dolf De Roos
Imported Little, Brown USA titles
Paperback - 5 December, 2002
Property Ladder: How to Make £££s Out of Property
~Sarah Beeny
Cassell Illustrated
Paperback - 1 November, 2002
Buying to Rent: The Key to Your Financial Freedom (FT)
~Nick Rampley-Sturgeon
Financial Times Prentice Hall
Paperback - 15 July, 2002 .
Buying a Property in Spain: An Insider Guide to Finding a Home in the Sun
~Harry King
How To Books
Paperback - May 2002
The Best Places to Buy a Home in Spain
~Joanna Styles, Jim Watson (Illustrator)
Survival Books Limited
Paperback - September 2002
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Teidehome Info Center
Tips to the spanish law
Taxes involved in the sale/purchase of property in Spain
Apart from the actual purchase price of the object the buyer must reckon with 1% for Notary fees, Property Registery, Legal Fees. There will be a further land purchase tax
(For the Canaries) and 7% Increased Value Tax ( IVA, mainly by investment sales).
The Added Value Tax or (Plus Valia) must be paid by the seller. In each municipal area the tables for this tax are available for both land and buildings. The basic scales generally lie between 16% and 30% of the increased value.
When selling to a non-resident buyer a rentention of 5% of the value figuring in the deeds should be made by the vendor (as mentioned before) to be paid later to the inland revenue.
The rates, (IBI) should be taken into consideration by every future purchaser. These are payable annually, generally in the autumn. The amount which figures here forms the basis for any negotiation to do with the property.
We take no resposibility for the accuracy of this data. If you are in any doubt regarding its veracity, please use the services of your lawyer, Notary or any professional property consultant, who will be able to give more detailed information.
Die besten Links zum Thema 'Immobilienkauf in Spanien'
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