Martin Howard’s property services offers a coordinated menu of English speaking services, set out below, to ensure that the process of buying a property in Spain runs smoothly, is correctly structured from the beginning, and continues while you enjoy the fruits of your investment.
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- Contract drafting & review
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- Tax representation and statutory filings
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- Mortgage provider introductions
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- Legal representation or notary signing
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- Corporate property holding structures
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Whether your property be your sole family home or an investment for the future, capital gains, income, wealth and inheritance taxes will all have an impact at some stage and should therefore be carefully considered. A little planning at the beginning will reap great benefits in the future for you and your successors.
The process of buying a property in Spain is different from the UK and expert advice is always recommendable. For example debts are assigned to an asset rather than the individual therefore on signing the deeds, you often need to bring several cheques to clear the outstanding debts of he seller. Professional surveys are rare despite common structural problems such a subsidence, termites and luminosis. You can also be charged tax on assumed rental income, even if you never let your property and non resident sellers suffer a withholding of their sales proceeds to cover any tax obligations on their property.
For this reason Martin Howard has formed a team of experts placing at your disposal a local legal expert, to carry out the necessary searches and contract drafting, a Spanish tax consultancy, to ensure your purchase is correctly structured and a qualified surveyor to make sure you’re not purchasing a series of headaches in the future. Thus you can chose from a package of services based on a fixed fee structure to fit your budget.
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