Property Guides and Information for the Costa del Sol, Spain

Hello and welcome, I live in Spain and I think the Costa del Sol is a wonderful place to own property as a second home or retire to. If you are interested in property in Spain this weblog provides a guide for all the information on questions you may have about Spanish tax, law, mortgage and finance as well as explaining the steps you should take while buying your dream property.

Click on any of the categories in the right hand column to research a topic you are interested in NOW and the guides will appear as titles below.

The Art of Flipping off Plan Property and New Homes

Nubricks

Definition of Property flipping: To sell on or assign a contract.

Property speculators place deposits on units before they are built (off plan), with the intention of selling them on at a healthy profit before they have to pay the rest of the purchase price. Investors buy at a discounted price when a development is launched and before construction has started. Once construction is well underway and is close to completion assigning the contract is the next priority. This saves the initial investor a substantial amount of money as they don’t need to pay all the completion costs including a mortgage.

June 19, 2006 | Read more... | Category: Buying Property

Using a Company to Buy Property in Spain

This article will explain the various methods of owning a property through a company. Choosing a strategy where you buy as an individual or through a Company will depend mainly on the value of the property and your personal circumstances. We suggest that you make an appointment to speak with a fiscal advisor who will provide you with a study based on your personal requirements.

Spansih Company to Buy Property, Villas Self build economic

April 21, 2006 | Read more... | Category: Buying Property

Paying for your Property

You can pay for your property in euros using a banker’s draft, prepared by your Spanish bank, along with a bank certificate that you have imported foreign currency for this purpose. You can also pay by cheque in foreign currency, or direct bank transfer from your foreign account to the seller’s account. Your lawyer will advise you of the most suitable payment method. Before you transfer money to Spain think about using a currency broker to save you paying a fortune in commission or losing out on exchange rates (read article: Buying Euros to Pay for Your Spanish Property?)

April 21, 2006 | Read more... | Category: Buying Property

The Toolbox: Tips for Buying Off-Plan Property in Spain

Here is a summary of some of the more important points that we feel will help you make the right off-plan property choice:

April 20, 2006 | Read more... | Category: Buying Property

The Toolbox: Tips for Buying Spanish Property

Here is a summary of some of the more important points that we feel will help you make the right property choice:

April 20, 2006 | Read more... | Category: Buying Property

The Process of Reserving your Property

So you have received good advice from your lawyer and we have helped you find the property you want to buy and the background checks are in process. What’s next?

April 20, 2006 | Read more... | Category: Buying Property

Property Options in Spain

In the previous chapter we discussed the importance of establishing why you are buying to help make the process of selection a lot easier. In this chapter we explain the different types of property available in Spain as well as the important distinction between off-plan and resale.

April 19, 2006 | Read more... | Category: Buying Property

Preparing to Buy Spanish Property

This guide will quickly run through the steps you need to take in order to prepare before and during your hunt for property on the Costa del Sol.

April 19, 2006 | Read more... | Category: Buying Property

Why buy on Spain’s Costa del Sol

Ben Johnson / Bright

If you are unfamiliar with the Costa del Sol this short article is here to help you understand why so many people from Northern Europe have decide to make this fantastic location their second home. The article will also offer insight in to why this location will continue to be such a popular destination for the long term.

keywords: spain, costa del sol, property, tourism, weather, location, accessibility, health care, activities, sports, growth, potential. Bright | Articles & Advice:

January 11, 2006 | Read more... | Category: Buying Property

What are the Various Options for Buying Property in Spain

Ben Johnson / Bright

Spain, cosat del sol, marbella, property, apartment, townhouse, villa, plot ,land, holiday, home, permanent, residence, investment,

This article is designed to help you understand the range of property options available in Spain. Whether you are buying your property in Spain as a permanent residence, holiday home, for rental yield or as an investment always buy what you can afford and ensure that you have thought long and hard about whether you feel you can sell it on if you ever have to (this involves the correct research and will be discussed in future articles).

November 15, 2005 | Read more... | Category: Buying Property

Using a Company Structure to Own Property in Spain

Luis Herredia / Medio y Heredia Abogados

Spain, costa del sol, marbella, property, law, company, guide, tax, investment

There are certain advantages to buying and owning a property through a company structure in Spain. This articles sets out some of the possible strategies that can be employed.

November 14, 2005 | Read more... | Category: Buying Property

Buying a Resale Property from a Private Seller in Spain

A more detailed analysis of the contracts and processes surrounding the purchase of a resale property as well as a handy list of recommendations.

Ben Johnson / Bright

Buying property in Spain from a private seller puts both parties on an equal footing with regards to Spanish consumer laws. The transaction is mainly governed by the Spanish Civil provisions.

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May 20, 2005 | Read more... | Category: Buying Property

An Introduction to the Property Buying Process and the Costs in Spain

All the basic information you'll need to assess the costs involved in buying property in Spain, as well as a good overview of the process.

Ben Johnson / Bright

If you are coming to Spain to buy a property chances are it will be through an agent. It is worth noting that currently there is no law regulating this industry in Spain, however, there are two professional associations that require examinations and set standards for their members. These are Agente de la Propiedad Inmobiliaria (API) and the Gestor Intermediario de Promociones y Edificaciones (GIPE).

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May 20, 2005 | Read more... | Category: Buying Property

Buying and Selling Spanish Property Using an Offshore Company Structure

A review of offshore company structures for holding Spanish properties.

Ben Johnson / Bright

During the property boom of the 1980s it was common practice on the Costa del Sol to buy property using an off shore company structure located in “tax haven” where little or no taxes were charged and the names of the owners remained confidential. According to “You and the law in Spain”, David Searls excellent publication, 12,000 companies exist in Gibraltar for the purpose of owning property in Spain.

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May 20, 2005 | Read more... | Category: Buying Property

All of the information was researched at the time of writing and publishing these articles and is to our best knowledge correct and up to date. Bright is not responsible for changes that occur through updates in Spanish legislature. Bright is also not responsible for any errors in any of the literature or advice published on this site.