🔴ТОП 10 ошибок при выборе жилья для ПМЖ в Испании

NO ONE WILL TELL YOU: Typical mistakes when choosing permanent residence in Spain, using the town of Los Narejos as an example. We serve all of Spain: +34666637566 Alexey, for more details, visit    • 🔴Услуги по недвижимости в Испании: съемка,...   Telegram channel: Spanish Investments + Trading https://t.me/ispanskieinvesticiiyoutube Telegram channel: Spanish Investments https://t.me/ispanskieinvesticii Our services: Rental properties and property management; Auction properties; Residential buildings and apartments (purchase/sale); Consultations on general issues of ownership, rental, investment income management, etc. Tax issues We can film a sales or purchase video for you, so your property can be listed on websites like Idealists. Timestamps: 0:00 Introduction 0:50 Choosing a Property 4:35 Choosing the Right Property for Residence 8:12 Location 11:20 Misunderstanding Property Liquidity 13:15 Tax Issues 14:40 Inheritance 16:50 The Dangers of Preparing a Property for Sale 19:35 Property Maintenance Costs 23:00 Construction Without Projects and Approvals 23:50 Neighbors 1. Money. People don't always understand what they're buying and how much they're spending. A common misconception is owning real estate. In countries like Spain, it's sometimes more profitable to rent... especially if rent is cheaper than a mortgage payment, given that you still need to make a down payment, pay 10% in purchase tax, and +/- 2% for notary and registry fees. 2. Misunderstandings about permanent residence and summer cottages. Most resort properties are summer cottages, which lack heating, often lack air conditioning, etc. Poor windows and doors that you don't care about in the summer will create problems in the winter. Wall thickness, the ability to install aerothermal heating (or if it's already installed)—the list goes on and on, but these are the differences between a vacation home and a permanent residence. 3. Location. A foreign country, unfamiliarity and misunderstanding of its specifics, plus the usual real estate scam. The end result: a house in the middle of nowhere, somewhere in Los Infernos (the name is fitting). The determining factors are location, infrastructure, amenities, and so on. 4. Liquidity. You don't like the house for some reason. You need to sell it, but 10% has already been paid. Accordingly, if there was a capital gain while you were using it, it will offset the 10%, or see point 3: Los Infernos is a complete loss. 5. Understanding the tax component and your tax residency. Permanent residency like Russia is possible here, but you must declare real estate and businesses in other countries using the 720 model. If you don't declare them and want to sell them, you'll pay the full tax here. 6. Inheritance. In most cases, to avoid inheritance tax, you'll need to sell the property. Alternatively, you can set up this system all at once: ownership through a company, the business through the company, and children as founders. But this will require learning Spanish and extensive communication with accountants, lawyers, and other gestores. This isn't necessary if the property is less than €100,000. 7. If the house is truly suitable for permanent residency, you should be extremely wary if it's being prepared for sale. Furniture from charity shops, even Conforama, and cosmetic renovations—all of these should raise red flags, especially in older homes. Pay particular attention to plumbing and any unusual odors from the sewer system. 8. Ongoing expenses. How much does maintenance cost? This is one of the most important considerations. And is there anyone to maintain it, and at what cost? Moreover, the low cost of maintenance, for example in Russia due to cheap utilities, creates different priorities here: previously, gas and diesel were the preferred heating sources, but now aerothermal heating and solar panels are increasingly popular. 9. This applies to people who want to build themselves, but buy a plot of land or a house with a plot of land and begin construction without approvals or a project, relying on the builders' assurances. There are a number of properties here that were built without a project, and utilities can't be connected for years. So, double-check the developer's statements with a lawyer or landlord, someone familiar with construction regulations. Or buy a proper, ready-made property. 10. Neighbors. As they say here, you're buying your neighbors, not your house. This is even more important here than in the former Soviet Union, because resort properties are rented out. And not just apartments, but also villas on the waterfront for several million euros. Look for properties that aren't currently rented out, although the likelihood of this happening is extremely low. This means soundproofing, windows, etc. Summer, specifically July and August, is the best time to consider this. Properties for sale (contact: Alexey Semin +34 689 36 72 17): Buy an apartment in Benidorm, Spain for rental income of ~30...