Real estate investment in Spain
Current relevance of real estate investment in Spain:
Although real state market may suffer potential variations, it has always shown great benefits for foreign investors. In Spain, prices of real estate assets may be really different on the basis of various factors, mainly the location of the building at stake. Even the investment in old buildings has proven to be a very cost- effective investment due to the revitalization of specific areas in which building renovations may be very appropriate investments.
Practical issues in real estate investment in Spain:
Even though real estate investments can currently be almost entirely remotely carried out, it is highly advisable to visit in person the buildings to be purchased and, most of all, to count on local expert advice. In KAPLAN LEGAL, we provide full legal and commercial support to ensure the operation is duly carried out.
Our real estate associated agents will ensure the best conditions either you wish to buy or to sell real estate assets in Spain.
Prior to any investment, a legal search must be carried out on the properties in order to confirm that no previous debts are affecting such assets. Besides, some legal requirements must be met in order to purchase a building in Spain, such as the contract signature before a Notary Public.
Taxes and administration:
Given that international elements shall be considered in these operations, the purchaser shall be aware of all legal and taxes consequences of the purchase, which shall be studied according to the circumstances. To ignore the legal and tax obligations of the investors may entail sanctions from the Spanish Administration.
Real estate investment and immigration permits:
Real estate investment is in, many occasions, conducted to procure a legal residence permit in Spain. During the last years, Spain has witnessed different legislative amendments in immigration matters, specially in connection for visas related to local investments. Therefore, a diligent study of each case circumstances shall be conducted in order to provide the best solution for each investor.
In KAPLAN LEGAL we offer full advice related to real estate investment in Spain.
