Spain enjoys record house sales and prices

Between April and June 2018, 134,196 properties have been sold which is 12.4% up on the previous year. This figure is the highest recorded since the same period in 2008 when 152,630 sales were registered in Spain. This renewed interest in purchasing houses is not expected to stop any time soon. The forecast is that […]

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Making your wishes known

Most people are aware of the importance of making a will. Ensuring that those you love receive the inheritance you’ve worked for is recognised as one of those tasks we should do in good time. However not many people are aware that you can also make a living will. A living will enables someone to […]

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Should I make a Spanish will?

Now, we interview our expert, María Wiedemann, from our Legal Department to find out just what the advantages are of making a will in Spain and what the disadvantages can be, if you don’t. Maria Wiedemann has been helping foreigners in Spain protect their assets for 16 years. As a qualified lawyer, she understands exactly […]

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What you can and can’t be taxed on in spain

One thing you will soon become familiar with if you spend time in Spain are the range and variety of taxes. Most of them are the same as you would expect in your home country. However, one or two might take you by surprise. Like all countries, public services in Spain are paid for through […]

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Thinking ahead when it comes to inheritance

It’s not a subject that we like to talk about. However, not preparing for when you die can leave those you love with additional arrangements to make. Ábaco’s Inheritance Planning Pack can help answer those difficult questions and prepare for when the time comes. You have spent many years building up your assets through hard […]

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Selling your home? Prepare your paperwork

If you are thinking of putting your house on the market in Spain you want to be ready for when a prospective buyer appears. The presentation of documentation is an essential part of the selling process. Some paperwork you should already have to hand. For example, you will have had to have had a NIE […]

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Meet our notary

The role of the notary in Spain can be a little confusing to people who are not familiar with the system here. We’d like to introduce you to Doña Tatiana Martín Ruiz, the notary that many Ábaco clients have already had the pleasure of meeting. If you have bought a property in Spain then you […]

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Leaving everything in order

If you have property in Spain you will want to have arrangements in place so that everything goes smoothly when you die. It’s a difficult subject, but failing to prepare can leave your inheritors with unexpected inheritance tax bills. We can all be reluctant to make plans for when we or a loved one dies. […]

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Ten tips for a smooth sale

If you have taken the decision to put your Spanish property on the market, we’d like to offer some advice. People can think that solicitors are only useful when you’re buying but sellers need their interests protected too. Most people know that having a solicitor to protect your interests comes highly recommended when you’re buying […]

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Improve your property, but legally

Perhaps you’ve got your eye on a bargain, or it’s just time to make some changes to your house in Spain. It’s a good time to refurbish property, just make sure that the Town Hall know what you’re doing too. Jessica Martínez, from our Legal Department, tells us there is no doubt that you can […]

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Get your property rental ready

Rental property is in demand and many investors are making their money work for them by purchasing property to rent. It’s important that if you do, you take the time to ensure that legal requirements are met. In this article Susan Partridge from our Fiscal Department explains what these are and how you can comply. […]

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Executors in Spain

In the UK it is very common to have an executor, ‘albacea’ or ‘contador partidor´, to help ensure that your wishes are carried out when you die. However, in Spain this is much less frequent and executors are only usually named when a will is particularly complicated or where problems exist between heirs. The executor […]

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The importance of making a will in Spain – protect your assets for inheritors

We are often asked if it is necessary to make a will in Spain. Although it isn’t an essential requirement it is beneficial to do so and it can help your heirs when the time comes. Your inheritors will need to prove their right to your property after you have died. This is so much […]

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One million euros a month through Airbnb

The phenomenon that is Airbnb is proving to be lucrative for those renting out their property in Torrevieja. It is estimated that around 3,153 properties are being rented through the online platform and that there is the potential availability of 250,000 places altogether. In 21 months, from February 2016 to October 2017, there has been 20 million […]

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7 answers to 7 questions making a Spanish will

It’s a difficult but very important subject. We recommend to all our clients that at some point they make a Will in Spain, even if they have made provision in their home country. Here we list some frequently asked questions to help you take that step forward when contemplating making a Spanish will: I have […]

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Inheritance claims and power of attorney

Could your dreams of enjoying Spain, its climate and lifestyle, be taken over by a series of unfortunate events? We plan for our retirement, we look forward to putting the alarm clock away and then – we’ve all heard the stories, “He had his retirement party on the Friday, was dead on the Saturday.” It […]

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Inheritors at different levels

In Spain there are different levels of allowance you can receive before inheritance tax must be paid. The allowance is dependent upon the inheritor’s relationship to the deceased. This article provides information about the different inheritance groups. It comes as a surprise to some people. Not only is inheritance tax applied in Spain but inheritors […]

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Abandoned property

The Spanish inheritance procedure is complicated and the requirement to pay Spanish inheritance tax can make the transfer of property more difficult. Making a Spanish will can help inheritors in the long run. You quite often see them in Spain. Abandoned properties, sometimes in the middle of nowhere but they can also be on urbanisations […]

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Four steps to managing your Spanish inheritance

You have enough to cope with when someone close to you dies without adding the additional complications that come with managing Spanish inheritance. In this article we suggest four steps you might take if Spanish property has been left to you. When someone close to you dies you have many emotions to deal with. No […]

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5 advantages of investing along the Spanish coast

Alicante, Malaga and Valencia are some of the most popular areas for foreigners to buy in for investment purposes. The popularity of purchasing property in Spain continues in spite of some of the political and financial issues that have hit the countries where purchasers typically originate from. Why? In a recent article in the Spanish […]

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Consul advice for British citizens in Spain

On Monday 12th February the British Consul, Sarah-Jane Morris, visited Torrevieja town hall to meet the public and answer questions about Brexit. In this article we share the advice she gave. We are now approaching the second year of preparing for Brexit and those people who live abroad are understandably feeling a little uneasy. Although […]

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Don’t let your inheritors get caught out

When a loved one dies that last thing you want is to struggle settling inheritance issues. Unfortunately, in Spain, the differences in procedures and laws can mean that inheritors have difficulty in managing the inheritance process. One of the surprises that foreigners with property here encounter is when it comes to selling the property. Unlike […]

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Make sure you meet the inheritance deadline

When someone close to you dies the last thing you want to have to think about are the legal arrangements. Unfortunately, however great the pain might be, time is already ticking on the inheritance process. Many people who have a property interest in Spain are not aware that all the legalities must be completed within […]

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A new urban law that affects rustic properties

Did you know that even minor home improvements and refurbishments need planning permission in Spain? The town hall must give a licence for work to go ahead or you risk a hefty financial penalty. In this article we explain about building licences and what you can do if they’re missing. You need permission whether it’s […]

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Time frame to complete the Inheritance process in Spain

Nobody is really prepared for a bereavement, but unfortunately all legalities need to be completed within a certain time limit. In our country there is no transfer of ownership from deceased to inheritor automatically upon decease, on the contrary in Spain it is necessary to sign a new title deed where the estate registered in […]

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