News | Menorca Property Sales and Rentals

Seller guide

Selling your property. What costs do I have to Pay? townhouses townhouses The Estate agents agreed fee and Abogado (Spanish solicitor) legal representatives fees. Plus Valia – this is a capital gains tax, worked out by your local council – your solicitor / legal representative will confirm this amount. If you are not a Spanish resident then 3% non residents tax. IBI needs to be up to date. If you have a communal pool then this has to be paid up to date. What documents…

Buyers guide

What documentation do I need to buy a property in Spain? When you have found a suitable property, you will need to obtain an NIE number (Numero de Identificacion de Extranjero) we can help with this process and advice you of a suitable Abogado’s (Spanish solicitors) this is highly recommended. You will require a Spanish bank account. We can also help with opening a Currency Exchange account, it is far cheaper than sending foreign currency direct from your bank. What deposit is taken…