When it comes to buying or selling a house on the Costa Brava or Costa Dorada, two terms that are sure to appear are "useful surface area" and "constructed surface area". These measures play an integral role in the value of a property, its livability and even its taxation. However, many people do not always understand the difference between these two concepts, and this lack of knowledge can lead to...
What happens if I sell or buy below the reference value? The entry into force on January 1 of the new Cadastre reference value introduced an important change in the real estate market. This value is the minimum basis for calculating taxes as important as Inheritance and Gift Tax, Transfer Tax and Stamp Duty. The calculation of the new cadastral reference value is made by the General Directorate of...
There are different formulas for acquiring a company in Spain, including using an existing foreign company to operate in Spain (either with permanent establishment - CON EP, or without permanent establishment - NON PE), or creating a Spanish company expressly for the acquisition of real estate in Spain. Likewise, as we have commented above, we are talking about the fact that, in order to acquire a...
The earnest money contract is one of the most important guarantees for closing a real estate transaction. Find out from Emporda Immo what this agreement entails and save yourself some surprises. An Earnest Money Contract is a written agreement that is signed prior to the purchase of a property. This document serves as proof of willingness to transfer said property from the Seller to the Purchaser....
In recent years, terms such as bitcoins, cryptocurrencies or fan tokens have become increasingly popular. Especially the virtual cryptocurrency market has become an increasingly common new practice for conducting business in many different fields. As a consequence of digitalization and new technologies, the sale and purchase of homes with cryptocurrencies is already a reality in many cities in Spain,...
How many ways do you know of to access housing? Renting a house? Buying an apartment? These are archetypal forms of common use, but not the only ones. In this article of Emporda Immo we will talk about buying houses through bare ownership and how it is entering with force to our real estate market. The bare ownership is that right of a person over a thing in which his relation to it is that of being the...
