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Buying a property ? Buying property or land on any one of the Canary Islands can seem like a very appealing idea indeed, especially given the strength of the sterling pound against the Euro. However, as with any land/property deal there are potential hidden dangers, not that this should dissuade you from buying. more......
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How to get the utilities on So you have your lovely new home signed sealed and completely yours however you have no water, gas or electricity and you don’t know what to do about the ever increasing garbage by the front door. Paying bills might be the downside to owning a property but a necessary evil if we want all our creature comforts. more......
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How to Buy a Home So you have found your dream home and itching to get it signed sealed and firmly labelled as ‘your home’. But whether it is a finca in the mountains or a duplex in the city buying here is not quite the same as whichever country you have come from. So what do you do? Where do you go? and who can you turn to if it all starts looking a bit complicated? more......
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Declaring lower property value “Put down a lower price on your escritura and pay the rest in black,” they’ll tell you when you buy a property in the islands. But watch out, the tax man is sniffing about! more......
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Challenge the taxman Here’s a piece of Spanish taxation law that certainly needs challenging in my view. It concerns property transfer tax or Impuesto sobre Trasmisiones Jurídicos.
Did you know that if you sell a property in the Canary Islands, the taxman can come back to you months or years later saying you did not sell it for the amount you have declared and slap a fine on you?
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