At GD Global Mobility we have specialist tax advisors who can clarify the fiscal impact of the acquisition of property, and take care of the management of associated taxes.
Type of real estate acquisition tax
The acquisition of a property in Spain generates both direct and indirect tax obligations.
On the one hand, there are indirect taxes linked to the acquisition or transmission, as there will be a taxable event subject to VAT or the Property Transfer Tax, in addition to the tax on notarial documents due to Documented Legal Acts.
Subsequently, and regardless of the tax status of the investor, real or presumed income will be generated, either by the lease or by the mere possession of the property, which will be subject to direct taxation in respect of investment income or imputation of real estate income.
Contact us with no obligation and request more information to know which taxes correspond to you when investing in real estate in Spain.