09 Feb 2016 2:05 PM:

I have PM'd you

Community thread: Apartment needed end of june

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15 Apr 2015 9:40 AM:

All,

I have recently purchased on Los Naranjos, and as I understand it there is or was a pig farm located near the resort, is this still the case?

Also, what are your thoughts on the new pig farm proposal that was mentioned in the most recent community minutes.

I was not aware of either so any advice/comment gratefully received.

Thanks

Community thread: Pig Farms

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11 Feb 2015 1:44 PM:

Hi,

Was hoping for some advice / comments on the above.

As I understand it, you are liable for tax in spain as a non resident for income received on renting your property at 35% of net rental income. What deductions are allowed to reach the net? I assume community fees, but for example are all mortgage payments or is it just the interest part?

Then, if you dont rent at all you have to pay a tax based on the value of the property (roughly 0.5% ie 2% of value x 25% tax rate).If you have a slow year of rentals can you be made to pay both? If so would it be up to the value of the non rental tax ie 0.5% is a minimum tax to be expected.

Sorry for all the questions just wanted to get clear all the potential costs.

Happy for a PM if people prefer this, thanks as always for help.

Darrel

 

 

Community thread: Non Spanish Resident Taxes on Spanish Apartment

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27 Jan 2015 11:07 AM:

The bank is Banco Popular and there have been may posters on here who have experienced similar delays.

I have not thought to check the property is still available through another agent but I am dealing with Andy at Condado who in fairness told me at the time of reservation that I should expect delays. I am not sure whether it would be possible to talk directly as the approval proces has been referred to Madrid having been agreed locally at Alhama.

Also, the deal is 110% so I suppose there is more risk which I think may be part of the hold up, the other being the number of applications that have been made over the last 9 months.

 

Community thread: Will my mortgage ever be approved

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26 Jan 2015 1:19 PM:

I too have been waiting some time for approval from my application which was made last August,

I believe it is with Madrid for final approval. My agent has been trying to push along but there is little they can do about it.

 

Community thread: Will my mortgage ever be approved

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