Skip to content

5

Andalucia rebaja el Impuesto de Transmisiones Patrimoniales y Actos Juridicos Documentados - Andalusia reduces the Tax on Patrimonial Transmissions and Documented Legal Actions

The decision of the Andalusian government will have a significant impact on those who buy a home before December 31, 2021, the end date of the measure. We must consider that the Tax on Patrimonial Transmissions and Documented Legal Actions is the most outstanding tribute that buyers of second-hand property must pay.

In Andalusia, this tax levied between 8% and 10% according to the property's value. Nevertheless, since the end of April, the Tax on Patrimonial Transmissions has become a single general rate of 7%. Meanwhile, that of Documented Legal Actions, which is satisfied when formalizing the public deed of sale, goes from 1.5% to 1.2%.

...continue reading "Andalusia reduces the Tax on Patrimonial Transmissions and Documented Legal Actions"

Cuanto se puede gastar en vivienda si toca la loteria de Navidad - How much is it ok to spend on housing if you win the Christmas lottery?

Winning a good prize in a game of chance is an immense joy. For some people, it is the opportunity to pay off debts, for others to indulge themselves and those with an investment spirit consider something different: to spend on housing if they win the lottery.

...continue reading "How much is it ok to spend on housing if you win the Christmas lottery?"