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DIFFERENCE BETWEEN VACATIONAL AND SEASONAL RENTAL
24th February 2023 -
DIFFERENCE BETWEEN VACATIONAL AND SEASONAL RENTAL
23rd February 2023 -
DIFFERENCE BETWEEN VACATIONAL AND SEASONAL RENTAL
22nd February 2023 -
DIFFERENCE BETWEEN VACATIONAL AND SEASONAL RENTAL
21st February 2023 -
HOW THE CADASTRAL REFERENCE VALUE AFFECTS THE SALE OF THE HOME AFTER A DIVORCE OR INHERITANCE
20th February 2023 -
HOW THE CADASTRAL REFERENCE VALUE AFFECTS THE SALE OF THE HOME AFTER A DIVORCE OR INHERITANCE
19th February 2023 -
HOW THE CADASTRAL REFERENCE VALUE AFFECTS THE SALE OF THE HOME AFTER A DIVORCE OR INHERITANCE
18th February 2023 -
IT IS POSSIBLE TO RECTIFY THE EQUITY GAINS IN THE IRPF ONCE THE INCOME CAMPAIGN IS FINISHED
17th February 2023 -
Spain, fourth most attractive European country to invest in 2023, according to CBRE
16th February 2023 -
THE BANCO DE ESPAÑA ASKS THE BANKS NOT TO GENERATE FALSE EXPECTATIONS IN THEIR RECORD CAMPAIGNS
15th February 2023
Spain needs 1.2 million rental homes to meet demand, according to Savills
9th March 2022In addition, the CCO of Savills Aguirre Newman, Susana Rodríguez, has stressed the need to design rental housing in Spain, a product that in many cases is already "obsolete", with an average age of 20 years, and that is not adapted to the needs of the demand.
Likewise, the partner of the Tax Law department of the legal services firm Garrigues, José Ignacio Guerra, alluded to the BTR projects and pointed out that the recent tax changes will affect the projects pending delivery and those that have just been delivered, for which he has requested "a more stable legal and fiscal framework" that does not affect the investment made.
Specifically, he has emphasized the impact of indirect taxation on housing rental activity, and has commented on the different parameters that will determine whether investors will be able to recover the fees supported on the investment or whether they will become a cost to be added to the profitability of the project. The legislation contemplates that the rental of houses and the garages and annexes that are rented together with the houses will be exempt from VAT, while the rental of tourist homes with lodging services or the rental of homes to companies will generally be taxed by VAT. VAT (at the rate of 10% or 21%, respectively) or 4% in the case of purchases made by companies that belong to special regimes, such as EDAV or SOCIMI.
For her part, Mª Ángeles Pérez Ayala, a partner in the Garrigues Tax Law Department, discussed aspects related to local taxation with respect to the reference value of real estate for tax purposes, the changes and challenges introduced by the new regulation of the municipal capital gain and the surcharge on the Property Tax on unoccupied dwellings.