Everything is very clear where you want to purchase in Spain and how much are the average house prices, but what about the maintenance and maintenance prices? Once you have purchased the place, you'll want to know what other recurrent expenses, apart from the clear ones like electricity, gas and the internet, you have to pay for your new Spanish home. تنزيلات
Taxes on property
IRNR Non-resident income tax (Non-resident income tax): This annual tax applies only to persons who own property in Spain but who are not official residents of the country. If you are not earning any kind of income from rental or anything in Spanish, the tax will be calculated on the basis of your home's value. It is calculated at 24,75% of the cadastral value, between 1% and 2%, depending on how the value is established. If your home's cadastral value was EUR 100,000, for example, the IRNR would be 24.75% of 1%, that is, EUR 247.50. Of course, your exact value depends on the cadastral value of your house, which you can find out from the Land Registry Office.
IRPF Personal Income Tax (Tax on Income of Physical Persons): However, the IRNR will not apply to you if you are a Spanish resident, but instead you will have to paid the IRPF and submit a tax return based on your annual income, like any other Spanish citizen.
IBI real estate asset tax (Immobiliary Property Tax): Whether you're registered as a Spanish resident or not, like anyone else, you have to pay this property tax. It is based on the regional cadastral value, a percentage of the value of the land which is normally below market. In practice, this means that between EUR 400 and EUR 1000 will be paid every year.
Additional expenses
Community fees (community) to pay the maintenance of shared spaces you and your neighbors use if you live in private housing development or in an apartment building, such as swimming pools, tennis courts, green areas, staircases and cleaning costs in general. The budget is determined annually by the association of owners, of which you are allowed to participate and is split between all the neighbors living there. Think about EUR 60 to EUR 130 a month.
Other community charges: there are also other services which are covered by the local government, not by the building or property in which you live, such as the collection of rubbish, so you have to pay some kind of council tax for the privilege. This depends on the province in which you live.
Home insurance: for a Spanish house as with any other property, home and content insurance is always a good idea for any event. Spanish insurance companies usually charge between EUR 180 and EUR 380 per year, depending on your property.
Home administrator: If it all seems overwhelming to organize, particularly in Spanish, you can always hire a property manager to do the paperwork and arrange all your payments. You can sit back in your Mediterranean house in the sun for a cost of EUR 100 or 150 each year and allow others to worry about the running costs!