Do you wish to buy a rural property?

If you intend to by a rural property on the Balearic Islands and you are not an EU citizen, under Spanish law - according to Act 8/1975 of 12th March 1975, in relation to areas and facilities of interest to National Defense - you must seek military clearance.
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Can I legalise my rural property?

On 14th December 2024, Law 7/2024 of 11 December, on urgent measures for the administrative simplification and rationalisation of public authorities within the Balearic Islands was approved, including the procedure for the exceptional legalisation of existing buildings, structures, facilities and utilities on rural land that covers the legalisation – exceptionally and within a maximum deadline of 3 years – of buildings on rural land without generally applicable urban planning conditions and parameters being enforced.
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The cost of buying a property in Spain

When a client asks us about the costs involved when buying property in Spain, they normally mean the short-term ones:  conveyance tax, Notary and Land Registry fees, etc.  However, being a property-owner involves other annual costs which should be borne in mind:   Local Tax This basically refers to the Impuesto de Bienes Inmuebles (IBI), […]
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Will I need a Habitability Certificate?

The Habitability Certificate (Cédula de habitabilidad) is a document issued by the Island Council and which acknowledges the suitability of a home, commercial premises or residential building which is not included in the concept of housing, and is mandatory for occupying or renting a property, except in cases where the Certificate is replaced an occupancy or new-build permit.  
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If I sell my property, do I have to pay tax? Capital gains

At Agote Diez & Asociados we receive many queries about the fiscal consequences of conveying property.  From the seller’s viewpoint there are two types of tax in play: municipal wealth tax and capital gains, which is declared with Income Tax – IRPF for residents, IRNR in the case of non-residents.
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What are the tax advantages to rent my property as permanent address?

We receive many queries from clients worried about their homes because of alarm in the media.  We often hear debates and news in the media about squatters and the lack of rental accommodation.  Because of this, clients often feel safer renting their properties to companies, as they believe they are a safer bet financially.  However, […]
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Connect & Grow Business Lunch at Mirabona

Last Friday, 8th September, Dr. Helen Cummins – https://www.helencummins.com – organized her monthly Networking lunch for island businesspeople at the Mirabona restaurant, which our lawyer Marta Mugica had the pleasure of attending.
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Nomad visa or residence permit for digital nomads

As for digital nomads – remote workers – Act 28/2022 of 21st December allows them to enter and remain in Spain for financial reasons if they can prove that they are international teleworkers.  This means that those who are not citizens of an EU country – those who are enjoy freedom of movement – can apply for a 3-year residence permit (which can be extended for a further 2 years) if they meet the requirements and with the added bonus of a resolution period of only 20 working days.
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