What is a "deed" and why is it important?
The deed is a legal document that certifies ownership of the villa. It is important because it is the document that is registered in the Land Registry to establish ownership of the villa. Furthermore, it is also used as legal evidence in case of disputes or litigation.
What is a "simple note" of the property registry?
It is a document that provides basic information about the property, such as the owner of the property, the description of the property, the charges and the limitations on the property.
What taxes do I have to pay when buying or selling a villa in Spain?
The taxes to be paid depend on various factors, such as the value of the property, the location, etc. Some of the most common taxes are the Property Transfer Tax, the Value Added Tax and the Non-Resident Income Tax.
What documents are necessary for the sale of a villa in Spain?
Among the necessary documents are the sales contract, the property registration certificate, the energy efficiency certificate, the payment of the corresponding taxes, among others.
Is it necessary to hire a lawyer for the sale of a villa in Spain?
Yes, it is highly recommended to hire a lawyer for legal advice throughout the process of buying and selling a villa in Spain.
Can I get a mortgage to buy a villa on the Costa del Sol?
Yes, it is possible to obtain a mortgage to buy a villa on the Costa del Sol. However, the conditions may vary depending on the bank and your financial situation. It is advisable to check with several banks and compare the options before deciding.
How much does it cost to maintain a villa on the Costa del Sol?
The maintenance costs of a villa on the Costa del Sol can vary depending on the size and location of the property, as well as the services you wish to hire (such as gardening or cleaning). You should also take into account annual taxes, such as the Real Estate Tax (IBI).
What taxes must I pay when buying a villa on the Costa del Sol?
The taxes that you will have to pay when buying a villa on the Costa del Sol include property transfer tax (ITP) or value added tax (VAT), depending on whether the property is new or second-hand. You must also pay the tax on documented legal acts and notary and registry expenses.
Is it possible to buy a villa without residing in Spain?
Yes, it is possible to buy a villa in Spain without residing in the country. However, you must have a NIE and it is also advisable to have a lawyer who represents you in the purchase process.
What documents do I need to buy a villa on the Costa del Sol?
You will need to present your passport and NIE (foreigner identification number) at the notary, and you must also have a deposit or property reservation contract.
Can I smoke in the property?
It depends on the property, so it is recommended to review the rental terms and conditions before making the reservation.
Can I request a shuttle service to and from the airport?
Yes, a shuttle service to and from the airport can be requested for an additional charge, which is specified in the rental terms and conditions.
Can I bring my pets to the property?
It depends on the property, so it is recommended to review the rental terms and conditions before making the reservation.
Can I request additional services, such as daily cleaning or private chef service?
Yes, additional services can be requested for an additional charge, which is specified in the rental terms and conditions.
What should I do if I have a problem during my stay at the property?
An emergency number is provided for guests to contact the Luxury Villas and Estates team in case of any issues during their stay.
Are utilities included in the rental price?
It depends on the property and is specified in the rental terms and conditions. Some properties include utilities in the rental price, while others are charged separately.
What is the cancellation policy of Luxury Villas and Estates?
The cancellation policy varies by property, so it is recommended to review the rental terms and conditions before making the reservation.
Is it necessary to pay a deposit when reserving a property?
Yes, a deposit is required to reserve a property, which is specified in the rental terms and conditions.
What are the accepted payment methods?
Luxury Villas and Estates accept payments via bank transfer, credit card and PayPal.
What services does Luxury Villas and Estates offer?
Luxury Villas and Estates offers rental services for luxury villas and houses in different locations on the Costa del Sol.
What is a vacation villa?
A vacation villa is a home that's all yours for the duration of your stay, where you can relax and rejuvenate thanks to lush gardens, palm-fringed pools, spacious rooms with en-suite bathrooms, and much more. It's like having your own farm.
Can I request a mortgage to apply for the Golden Visa?
There are two answers to this question. You cannot apply for a residence visa if you want to buy a home, because you cannot request a loan of more than 500,000 euros. There are certain objections: You cannot request a loan of more than 500,000 euros to buy the home that will be the subject of the residence visa, but you can request a mortgage for amounts greater than 500,000 euros.
There are limitations when applying for a visa, for example: you can apply for a mortgage, but only for amounts greater than 500,000 euros. You must invest at least 500,000 euros in a property without any type of loan or mortgage (national or foreign).
VAT is also excluded, which means that if you are buying a property, the purchase price must be at least 500,000 euros. Although you can buy as many properties as you want as long as they add up to at least 500,000 euros invested before taxes and without charges, this proposal is not retroactive. Therefore, if you bought a property for more than 500,000 before this law was published, you will not be able to benefit from it.
See more at: Obtain the Spanish Golden Visa