Taxes on Jardines

Blue Med Invest
Post reply   Start new thread
New - Old :: Old - New

Pages: 1 |

Condado de Alhama forum threads
The Comments
26 Feb 2008 12:00 AM by 1098 Star rating in Jardin 9 & Cambs. 147 forum posts Send private message

With regard to non-resident tax rates for the Jardines, can anyone confirm any of the following:

  • Is the rate of Income Tax for for those that choose not to rent 25% of 2% or 1.1%?
  • Can a Spanish registered mortgage be offset against the property value on Income Tax and Wealth Tax?
  • Is the taxable rate likely to be purchase price including or not including IVA?
  • Heard anything about the rate of interest for local tax rates? 
  • Heard anything about the likely community charge costs?
  • Know anything about costs of water and electric connection?



Like 0

Spam post or Abuse? Please let us know

26 Feb 2008 9:13 PM by Migde Star rating. 120 forum posts Send private message

Migde´s avatar

Hi 1098,

I've budgeted £80 per month maintenance to PW and £50 per month for water & electicity. These are the 2 monthly charges I asked PW when I first visited their head office and signed up for my apartment. These figures are just guesstimates and will hopefully be a bit less.

When estimating the overall buying costs for our apartment, I hope all tax will be covered within the 10% everyone tells us to add to the list price. As I'm sure you know, 7% is IVA and the other 3% includes everything else inc' legals.

I hope Water and Electricity connections are free but if not I'd like to think they'll be minimal......fingers crossed.

Midge




Like 0

Spam post or Abuse? Please let us know

27 Feb 2008 8:01 PM by 1098 Star rating in Jardin 9 & Cambs. 147 forum posts Send private message

Thanks Midge

Hopefully they are high. 

If my calulations are correct and including yours, the total monthly costs (without mortgage offset)  would be around £210 per month including all the taxes!

I would be interested th hear if anyone else has done any calculations?




Like 0

Spam post or Abuse? Please let us know

Pages: 1 |
Post reply   Start new thread


Previous Threads

Camp bed - 8 posts
BABY SEATS FROM CAR HIRE COMPANY'S - 1 posts
Trying to navigate the holiday rentals section - 1 posts
Vodafone abolish roaming charges - 13 posts
Can I legally be forced to complete? - 4 posts
MALAGA DAVE - 10 posts
We have not signed our contract. Is it still legal ? - 4 posts
Comunidad through EOS - 4 posts
Petition To remove the PM - 4 posts
Hi All - 8 posts
Swimming pool installers - 1 posts
Will any supermarkets be open on Good Friday? - 2 posts
Easter holidays - 10 posts
Furniture - 15 posts
Spain compared to England? - 1 posts
i know of a FREE SITE for 1st 50 not advetisement justin just info - 8 posts
Rentals - 0 posts
Bouncy Castle for sale. - 2 posts
Earth Hour Saturday 28th March 2009 - 33 posts
Motels near Santander - 0 posts
BG and The Lawyers Responsibility - 0 posts
empadron in Coin - 1 posts
New Survey - 13 posts
Looking for self drive van hire - 25 posts
Insurance - 3 posts

3 posts were found:


1 |
Our Weekly Email Digest
Name:
Email:


This site uses cookies. By continuing to browse you are agreeing to our use of cookies. More information here. x