SUMMARY OF THE ARTICLE 1.- What the reinvestment exemption is. It allows the capital gain obtained on the sale of your main home to go untaxed under Personal Income Tax (IRPF), provided the amount is reinvested in a new main home within a two-year period. 2.- What happens if you buy before you sell. The […]
SUMMARY OF THE ARTICLE 1.- Purchase contract termination and Article 1504 of the Spanish Civil Code. In property transactions in Spain, a breach by one party does not automatically terminate the contract. The Civil Code requires the seller to formally notify the buyer of their intention to terminate before taking legal action. Without that prior […]
SUMMARY OF THE ARTICLE 1.- The origin: Royal Decree 1312/2024. In December 2024, the Government approved Royal Decree 1312/2024, which required any owner wishing to advertise a short-term rental property on platforms such as Airbnb, Booking, or similar services to first obtain a Rental Registry Number (NRA) from the Land Registry. Without this number, the […]
