Hi,
In the UK we all have to cough up for the council tax so what I need to know is - What is the equivalent of this down on the Costa del sol?
I would also like to know who has to pay this if I decide to rent out long term.
Thanks
As a non resident property owner you also have to pay a notional income tax and wealth tax based upon the rateable value of the property. If you are renting you should also pay tax on the income from the rental on a monthly basis
If your property is on an urbanisation you will also have to pay community fees for the upkeep of the communal areas.
As the owner of the property you would be responsible for all of these payments which should be included in the rental.
On a long term rental you would normally only pass on electricity, water and telephone charges to the tenant.
Thanks very much. Most helpful.
Post a Reply
Please sign in or register an account to reply to this post.
Similar Topics
-
Spain imposes extra taxes
Posted by Helen T in Flight Only / Airline and Airports
-
TAXES & INTEREST ON CAPITAL IN SPAIN
Posted by Divina in EX-Pats and Owners Abroad
-
Taxes
Posted by george3270 in Tour Operators and Travel Agents
-
import taxes
Posted by pat.e10 in General Holiday Enquiries, Hints and Tips
-
Discrepancies in Taxes
Posted by Aslemma in Flight Only / Airline and Airports