To conclude a bill of sale for real estate, it is necessary to open an account with a bank in MARBELLA.

Amongst other things, it is used for paying regular bills for water, electricity, property tax, telephone, insurance premiums etc.

Regular costs after registration (values for an investment for about € 300.000,-):

• I.B.I. (Impuesto sobre Bienes Inmuebles) = Urban tax: depends on the area and its land value as well as on the type of real estate: approx. € 600,-/year
• Garbage collection, depending on area: approx. € 150,-/year
• Wealth tax: the tax basis is the value of the title deed:
  • Up to € 160,000.-: 0.2 %
  • Up to € 320,000.-: € 320.- plus 0.3 % on the amount exceeding € 160,000.-
  • Up to € 800,000.-: € 800.- plus 0.5 % on the amount exceeding € 320,000.-
• Income tax (a kind of imputed rent): approx. € 750.- / year
• Community charges, e.g. lighting, water, maintenance of the communal swimming pool and gardens and building insurance: approx. € 1,800.- / year

 

We can provide you with insurance against burglary, fire, water, thunderstorm, accident etc. with competent insurance companies.

Copies of keys: if you don't live in MARBELLA permanently, we advise you to deposit a key with friends or in our office, so that matters can be attended to in case any damage occurs.

We can find a person for the gardening or any other maintenance work. It is also easy to get a cleaning service.

As far as furnishing your home is concerned, we shall be pleased to accompany you to various furniture companies with reasonable prices. Furthermore, we cooperate with several interior designers who do the furnishing just as the client wants it.

The property tax and the refuse collection have to be paid for every 6 or 12 months, which can easily be attended to by a standing order at the bank.

All foreigners and also Spanish, resident or non-resident, natural or legal entities, need a foreigner's or tax number, as the case may be (N.I.E./N.I.F.) in order to carry out any kind of real estate or financial business in Spain.

If you wish, we can help you to apply for this document. Moreover, all owners of real estate who are not residents are obliged to engage a resident with tax-related representations. Normally, a lawyer will attend to this.

If you have any questions, problems or communication difficulties, we shall be pleased to help you at any time. We speak German, Swiss German, English, French, Italian and naturally Spanish.

We are also ready to help you after your purchase. The transfer formalities need an intensive phase of about 1 month. If you wish, we can take care of the work to be done from the notary's transfer onwards.

After that, you can entrust us with the administration if you wish. Our modest charges ensure satisfied customers and are not profit seeking.