Law firm in Spain. Litigation and Real Estate experts. Penalty clause in a sales contract. Hotel sale. Supreme Court ruling. New Success.

New Success. We won a Supreme Court case about a penalty clause on a purchase contract of a hotel. Successful Court Decision Nets Client €700,000. Modification of the penalty.

Law firm in Spain. Litigation and Real Estate experts. Penalty clause in a sales contract. Hotel sale. Supreme Court ruling. New Success. […]

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Tourist Rentals in communities of owners

THE END OF TOURIST RENTALS in Communities of Owners. Authorisation from Neighbours. Now Required.

In recent years, tourist rentals have become a recurring issue due to the numerous conflicts they generate within communities of owners or homeowners’ associations. Noise. Late-night disturbances. Antisocial behaviour. These are well-known issues. Until now, the Spanish Horizontal Property Law (LPH) offered some tools to limit or restrict this activity. In this week’s article, we […]

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VAT in purchases and Construction.

VAT in the purchase of land. Construction for sale. Rehabilitation. Tax savings.

In Spain, under certain circumstances, the buyer of a plot of land may be considered an businessperson for VAT purposes, even if they are an individual who does not carry out any business or professional activity. This means that the transaction would be subject to VAT, which carries important tax implications and advantages. In this […]

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Capital gains tax from sale. Over 65s exemption

Capital gains tax from sale of Property. Exemption for over 65s. Habitual residence.

When selling a property in Spain, the seller must pay tax on the capital gain from sale under Personal Income Tax (IRPF). However, there are certain exemptions that allow you to avoid or reduce this tax burden. In this week’s article, we analyse one of the most relevant exemptions: the exemption on the capital gains […]

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