Owning Spanish property is one issue. Holding it efficiently, transferring it sensibly and passing it on properly is another. For many clients, these questions matter as much as the purchase itself.
In Andalucía, the tax treatment of a property acquisition depends in part on whether the purchase is a resale or a first transfer of a new-build. Resales generally fall within ITP/AJD, while new-build purchases are generally subject to IVA and AJD.
Families with Spanish assets often leave inheritance and succession until much later than they should. Good advice starts earlier, while the ownership structure can still be shaped sensibly.
We help clients think about acquisition, ownership, family transfers and future succession as parts of one legal picture.