If you don't know what you're doing, selling a house in Spain might be a difficult procedure. If you make the decision to sell your home, the following information will allow you to prevent unpleasant last-minute shocks. As a non-resident selling a home in Spain, here are the taxes you'll have to pay: Plusvalía. The Ayuntamiento (local council) collects a municipal tax based on the rise...
Traditional methods of selling a house are rapidly disappearing. The internet, e-commerce, and social media platforms have changed the face of marketing due to technological advancements. As you can sell anything you want online, the sales process has become much easier. The first thought that came to mind recently when trying to sell a house was to contact a real estate agent. However, the digital age...
Egypt's property purchase process is bit challenging. However, Egypt's 1996 Law No. 230 allows foreigners to purchase real estate. Two pieces of real estate cannot exceed 4,000 square metres (sq. m.), and the purpose must be for a member of one's family to reside there. There is a two-month time frame for getting Council of Ministers approval before making the purchase. Property...
In 2005, a couple from the United Kingdom paid €190,000 for a property in Spain. When the housing market bubble burst in 2008, prices plummeted dramatically, and the couple placed the apartment up for sale for a pittance of €100,000 in 2009 before seeking expert help. Despite this, they were unable to find a buyer. As a result, they were forced to rent out their residence. What caused this...
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