The transfer tax is a tax that the buyer of a property must pay during the first month after signing the public sales-purchase deed (escritura de compraventa) and is calculated by applying a percentage depending on the purchase price. The tax rate in Ibiza was, until 2022, between 8 and … Continue reading
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The conditions to apply for an energy certificate, an important document to sell a property, have changed since the 3rd of June last year. In this post, at inmobiliaria LAS ANCLAS, we want to unveil some of the most relevant modifications. One of the novelties of this certification is to … Continue reading
In order to help in the event of any questions and doubts on the part of property buyers and owners regarding tourist rentals of their flat, we provide you with this official information sheet from the Consell d’Eivissa (Island Council of Ibiza), which explains the new law 6/2017 in a … Continue reading
Life is already pretty complicated, so we help make it easier. From now on, searching for your desired property on our website www.lasanclas-ibiza.com is even faster! Click on “Properties for sale” and search directly for the desired type or your special request, such as properties with tourist rental license, seafront … Continue reading
Properties in Ibiza are in international demand and always represent a guarantee for a safe and profitable investment. And for years there has been a boom of wealthy tourists who rent houses, villas and luxury properties on the island for their vacations and are ready to pay high sums for … Continue reading
Impact of the banking crisis and the corona/covid-19 epidemic on the property market in Ibiza. This is not the first crisis that the Balearic Islands and thus Ibiza have had to weather and as happens in any crisis there is fear, uncertainty and the need for professional assessment and the … Continue reading
Dear Customers, since 27 June 2018 notaries have been obliged to check the existence of the certificate of occupancy (Cédula de Habitabilidad) in the notary purchase certification of a property. The fact of the absence is expressly stated in the contract and the buyer must agree in written form that … Continue reading
On 13th July 2018 our bosses, Dieter and Ulrike Sköries, had an exciting shooting day with the film crew of red. Red. is a weekly star and lifestyle magazine, which is broadcast in Germany, Austria and Switzerland. In 2017, Red. reached up to 2.2 million spectators in Germany. Red. is … Continue reading
TV report about Ibiza Property Market with Dieter Sköries, owner of the estate agency Las Anclas Ibiza S.L., on channel IB3, broadcasted on 7th September 2017: The prices of luxury real estate in Ibiza continue to rise. Buyers are Dutch, German, French, Italian, from Eastern Europe and British, even after … Continue reading
Cédula de habitabilidad (Certificate of Occupancy) WHAT IS THE CEDULA DE HABITABILIDAD? This is a certificate of occupancy, a document the size of a postcard which provides evidence that a property has been built according to technical regulations and has also been accepted after inspection. Only with evidence of this … Continue reading
TV report about Ibiza with Dieter Sköries, owner of the estate agency Las Anclas Ibiza S.L., TV-show "NSP" on channel IB3, broadcasted on 12th August 2015 Click here to watch the entire report! Source: http://ib3tv.com Extreme summer rain on Ibiza At midday of the 19th of August 2015 the third … Continue reading
Possibility of tax exemption on real estate sales Exempt from capital gains tax are: Persons over 65 years old Those residents over 65 who are selling their property and for the past three years have effected declarations with proof of owner occupancy in their Spanish income tax returns. Sale of … Continue reading
1. Income tax (capital gains tax) for the seller Capital gains such as profits produced by way of the sale of real estate property in Spain are subject to the Spanish income tax. Calculation of the benefits of the sale This profit is calculated from the difference between the price … Continue reading
“Residencia fiscal”, Tax residence According to the Spanish Income Tax Law, a person is considered a resident when staying more than 183 days per year in Spain and therefore being fully taxable in this country. In this case the country where the person is registered is not relevant. Notwithstanding the … Continue reading
AMNESTY FOR BUILDING VIOLATIONS As announced last year in our blog about Amnesty for Building violations, the long-awaited Development Plan’s new Land Law has been voted on by the Island Council of the Balearic Islands Government with an absolute majority and was adopted in March 2014. As soon as it … Continue reading
What do I need to know when purchasing a property on Ibiza? 1. Additional costs Before you start looking for a property you should consider that on top of the advertised sales price you have to deal with taxes and further costs (Notary, Registry- etc). Normally these costs amount to … Continue reading
– GENERAL Foreigners wishing to buy or sell a property in Spain must be in possession of a tax identification number (Número de Identificacion para Extranjeros), NIE number in short. 1. LAND TRANSFER TAX (Impuesto sobre Transmisiones Patrimoniales) When buying real estate, which is not composed of new buildings, you … Continue reading
Ibiza offers beautiful properties. What is hard to find is the really good deal where buyers find decent and balanced value for money. As a rule get professional advice. Resist the temptation of listening to those who “by chance” have heard somewhere (usually in the café or restaurant) of your … Continue reading
GENERAL: Although there is no legal obligation in Spain to have sales-purchase contracts notarized, it is nevertheless highly recommended to do so. When buying real estate a private contract is usually signed before issuing the public sales-purchase deed (escritura de compraventa). In general there are three types of written sales … Continue reading
escritura de compraventa GENERAL The so-called “escritura” is a purchase contract signed before a notary. It is not an indispensable requirement for the transfer of ownership, but necessary for the registration in the Spanish Land Registry (Registro de la Propiedad) and also highly recommended. The Spanish notary certifies what the … Continue reading
WHY LAND REGISTRY (Registro de la Propiedad)? In Spain, real estate can effectively be acquired by signing only a private contract, without entering it into the Spanish Land registry (Registro de la Propiedad). However, the registration in the name of the buyer is highly recommended, as with regard to third … Continue reading
WHAT IS A “GESTORIA”? The term gestoría derives from gestor, which translates as processor, operator, manager. The company managed by a “gestor” is known as a Gestoría. Due to Spain’s very complex bureaucratic system, almost impenetrable for foreigners, Gestorías help you to find your way in this administrative jungle. In … Continue reading
WHAT DOES N.I.E. MEAN? The NIE (Número de Identificacion para Extranjeros) is a tax identification number for any foreigner who does not have the Spanish nationality but would like to do business in Spain. This includes, for eg. buying or selling real estate or vehicles, bank transactions, etc. WHAT DO … Continue reading
OBLIGATION SINCE 1st JUNE 2013 Already in the year 2010 the European Parliament obliged all its members to apply a national law which states that sellers and landlords of a property must submit the energy certificate to the buyer or tenant. Since June 1st 2013, all real estates in Spain … Continue reading
We believe that an exclusive presentation is essential for the successful marketing of high quality properties. Villas and estates can thus be presented from a completely novel perspective. To this end we have had two hexacopters, usually used in the film industry, custom-built for us, which means that we can … Continue reading
TAX INCREASE Right at the beginning of 2013 tax increases were approved by the Spanish Government and the Government of the Balearic Islands which equally relate to resident and non-resident property buyers and owners: Real estate transfer tax for buyers The new tax rate is between 8% and 10% and, … Continue reading
Is it WORTHWHILE INVESTING in Real Estate in Ibiza? This is a question that can only be answered with a sound YES ! The Balearic Islands are different from the Mainland The real estate market in the Balearic Islands cannot be equated with that of the mainland. The statistical fluctuations … Continue reading
Las Anclas Records Record Sales as Ibiza Continues to Sizzle With Buyers Jesus, Ibiza, May 13, 2011. For the real estate agency LAS ANCLAS Ibiza, 2010 was the most successful business year in its 11 years operation. While others faced a real estate downturn, Ibiza, Spain, experienced a boom. There … Continue reading