Municipal Added Value Tax
by Ibiza-Legal
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There are few concepts in the Spanish legal jargon that can lead to as much misinterpretation as the term “plusvalía”, which can be translated as “added value” or “capital gains”. To begin with, the term itself does not appear in legal texts.

A correct description is the following: “a tax on the increase of the value of urban land”.

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The Acquisition Of Property In Ibiza 2018
by Ibiza-Legal
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A buyer faces several questions when dealing with a real estate transaction: has the property been regularised? Is the building in keeping with the granted construction permits? Have all the taxes been paid?

Is the property of good quality or does it have defects? This is the initial information that should be looked into by the buyer of a property in Ibiza.

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