Lose your money on an off plan Spanish property that was never built?

2G_Almanzora Country Club

David Fuster of Fuster & Associates shares some insight in to a recent case, where a client lost his deposit on an off plan property in Spain. Did you know that since December 2015, you have an entitlement to reclaim your money back from the banks for any off plan property deposits? David says, “When […]

Madrid continues to charge Plusvalía tax to properties sold at a loss while other regions have annulled the tax


The City of Madrid will continue to apply the municipal capital surtax, known as “plusvalía tax” on those real estate transfers which have been sold at losses. This is because the Constitutional Court (Tribunal Constitucional) has not yet made the changes to the law affecting this (Ley Reguladora de las Haciendas Locales). Should I still […]

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