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Spain facts sheet on real estate property
BUYING PROPERTY IN SPAIN (BARCELONA)
* Why buy property in Spain?
Mainly for vacation houses. / Inversion par maison de vacances.
* Where to look in order to buy property?
On the relevant internet websites or in the office of our organization. Dans les websites ou bien dans notre bureau www.cambrapropbcn.com
* How to proceed for buying property?
Probably the real estate agent, or your lawyer or our organization itself, can assist you until you arrive to the signing of the purchase contract, which must be drawn by a notary public. / Probablement le meme agent de vente, autrement chercher avocat, et la meme Chambre de la Propriete peuvent aider a l?acheteur jusqu?a arriver au Contrat que dois se faire devant Notaire Public.
* What legal arrangements are necessary? Notary public? Lawyer?
A lawyer is advisable but not obligatory by law, but the notaru public is. / Utile mais pas necessaire d?advocat, mais oui du Notaire Public.
* What taxes will be paid upon purchasing?
16% for VAT (value added tax) plus the costs of the notary public and the Land Registration Office. / Le 16% d?IVA (Impot sur le valeur ajoutee) plus les frais du Notaire et les frais de Registre Officiel de la Propriete.
* What taxes will be paid later on (annual property taxation, rates etc. or upon future sale of purchased property)?
The annual tax on real estate property, taxes upon the locative value of property and also some local rates. On sale, the same taxes, but also a Added Value Taxastion exists, calculated on the difference between the purchase and the sale prices. / L?Impot sur les Biens Immeubles (IBI) annuel, taxes selon le valeur Cadastral et aussi quelques taxes locaux. Pour la vente les memes impots qu?a l?achat mais avec un plus valeur entre le valeur d?achat et le valuer de vente.
* Why buy property in Spain?
Mainly for vacation houses. / Inversion par maison de vacances.
* Where to look in order to buy property?
On the relevant internet websites or in the office of our organization. Dans les websites ou bien dans notre bureau www.cambrapropbcn.com
* How to proceed for buying property?
Probably the real estate agent, or your lawyer or our organization itself, can assist you until you arrive to the signing of the purchase contract, which must be drawn by a notary public. / Probablement le meme agent de vente, autrement chercher avocat, et la meme Chambre de la Propriete peuvent aider a l?acheteur jusqu?a arriver au Contrat que dois se faire devant Notaire Public.
* What legal arrangements are necessary? Notary public? Lawyer?
A lawyer is advisable but not obligatory by law, but the notaru public is. / Utile mais pas necessaire d?advocat, mais oui du Notaire Public.
* What taxes will be paid upon purchasing?
16% for VAT (value added tax) plus the costs of the notary public and the Land Registration Office. / Le 16% d?IVA (Impot sur le valeur ajoutee) plus les frais du Notaire et les frais de Registre Officiel de la Propriete.
* What taxes will be paid later on (annual property taxation, rates etc. or upon future sale of purchased property)?
The annual tax on real estate property, taxes upon the locative value of property and also some local rates. On sale, the same taxes, but also a Added Value Taxastion exists, calculated on the difference between the purchase and the sale prices. / L?Impot sur les Biens Immeubles (IBI) annuel, taxes selon le valeur Cadastral et aussi quelques taxes locaux. Pour la vente les memes impots qu?a l?achat mais avec un plus valeur entre le valeur d?achat et le valuer de vente.
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