With our team of “native” tax and legal advisers from Mallorca and Ibiza, as part of our Real Estate service, we specifically advise on purchasing, owning and selling real estate in the Balearic Islands.
Property Purchase
Legal conveyancing for all kinds of properties
Advice on property development rights
Coordination of building surveys
Tax advice on the acquisition of real estate: new properties (VAT and Legal Documentation Tax), existing properties (Property Transfer Tax), non-residents (Withholding Tax)
Assistance with obtaining mortgages for non-residents
Tax advice on property ownership
Real estate tax: local tax levied on the Spanish property and charged annually by the municipality where the property is registered
Rental of real estate: rental tax for EU and non-EU residents, deductible expenses, tourist taxes
Private use of real estate for non-residents: taxes for EU and non-EU residents
Net wealth tax: depending on the value of the real estate, less applicable deductions
Inheritance tax
Selling Property
Legal assistance with sale documentation
Tax advice on sale: applicable taxes
