Legal Advice for Newly Built Homes
by Ibiza-Legal
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What do you need to bear in mind when declaring a newly built home at the Notary?

Thirty years ago there were very few laws in Spain that regulated the declaration of new-builds, and hardly any requirements for declaring them in the Property Registry. This absence of legislation was probably due to the established practice under the Spanish Civil Code, by which the owner of a piece of land was also deemed to be the owner of the buildings on it.

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Taxes on the capital gains of a property sale
by Ibiza-Legal
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Many owners in Ibiza bought their property years ago, for a price declared on the deeds that was well below present market prices. As a consequence, the capital gains tax they will have to pay when they sell the property will be quite high. However, anyone who bought their property before 1994 will be able to benefit from a reduction on said tax.

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The visit sheet
by Ibiza-Legal
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What is the point of this document, which is signed when you visit a property?

In Ibiza, when a real estate agency shows a property to a possible buyer, usually a document is signed which leaves a record of this visit. This document is called a “visit sheet”, and both the real estate agent and the buyer should be well aware of what it means.

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