Real Estate Law

Buying, selling, or owning property in Spain comes with significant tax implications that are easy to underestimate.

Purchase taxes alone — ITP on resale properties or IVA on new builds — can substantially to the acquisition cost. Beyond that, capital gains tax applies on sale, rental income is taxable, and Wealth Tax applies to owners above certain thresholds.

We advise on the full tax picture at every stage of property ownership — ensuring you understand your obligations before you commit, and that your position is structured as efficiently as possible throughout.

Non-Resident Property Owners

Owning property in Spain as a non-resident carries specific annual tax obligations that apply regardless of whether you use the property or generate income from it.

These include Non-Resident Income Tax on imputed income for properties that are not rented out, rental income declarations where applicable, and Wealth Tax for those above the relevant threshold.

We manage these filings on your behalf, advise on applicable exemptions, and help structure your ownership in the most tax-efficient way available — whether you own individually, jointly, or through a company.

Inheritance, Structuring & Tax Audits

Spanish inheritance and gift tax can be significant for property owners — and the rates vary considerably by region. We advise on tax-efficient ways to structure property ownership, including transfers into a company, gifting strategies, and succession planning.

If the tax authorities scrutinise a transaction or ownership structure, we provide representation and support throughout the inspection process.