We always recommend our clients, and especially our Non Spanish Residents who buy or own a property in Spain, to make a spanish will.  Spanish law makes the inheritance process smoother for heirs with a valid will.    Having a clear will facilitates the distribution of assets among heirs, streamlining the legal procedures.   This helps avoid complexities in the inheritance process. Non-residents in Spain can create a "testamento" (will) to specify their wishes for inheritance in any Notary in Spain.  Ask us for advice to ensure your will aligns with the local laws and secure a smoother transition for your estate.

Are you considering investing in properties but you're a non-resident in the country? Understanding taxes is crucial. In this guide, we'll delve into the complex tax world for foreign property owners. Property Taxes In many jurisdictions, non-residents face specific tax burdens on their properties. In Spain, for example, non-residents are subject to an annual property tax, in addition to other local taxes. Understanding these tax obligations is crucial to avoid unpleasant surprises. Capital Gains Taxes When it comes time to sell a property, non-residents face taxes on the gains made. These taxes vary by jurisdiction and may be subject to specific tax rates. In some cases, there are exemptions or tax benefits that can be applied. Tax Withholding on Sale When selling a property, in case of profit, a percentage of the sale price is withheld to cover potential tax obligations. In Spain it is 3% of the total Sale Price that is withheld by the Buyer from the Vendor. This 3% is withheld and paid by the Buyer. In case of loss or little profit, we can request a total or partial refund of this tax. In case the 3% of the Sale Price is less than the capital gain tax on the total gain (19% for EU/EEA and 24% for others), then the difference has to be paid. Knowing these withholdings is essential for proper sale planning. Double Taxation Treaties Many countries have treaties to prevent double taxation on income earned from foreign sources. These treaties can significantly impact the tax burden for non-residents. Understanding how these agreements work is important to optimize the tax situation. Tax Filing Requirements Meeting tax filing requirements is crucial. Forms and deadlines must be met to avoid penalties and fines. Being aware of these tax obligations is essential to stay in good standing with tax authorities. Practical Tips To minimize the tax burden, seeking professional advice is advisable. Proper legal structures, available deductions, and tax strategies can be valuable tools to optimize your tax situation as a non-resident. Conclusion Taxes for non-residents in the real estate market can be a complex terrain, but understanding them is essential for a successful and surprise-free investment. Stay informed, seek advice, and fulfill your tax obligations to ensure a solid and successful real estate experience.

Selling your home exclusively with a private agency can offer several advantages. Here are some possible benefits: Dedicated Attention: Private agencies often have a smaller client base compared to larger, more generalized agencies. By listing your property exclusively with a private agency, you can benefit from their exclusive attention and personalized service. The agent can focus on marketing your property and actively seek out potential buyers. At Iris Estate, although our portfolio of exclusive properties is reduced to a maximum of 5 properties per agent (to offer the best service to our clients), we have access to all active properties on the market and collaborate with over 3,000 agencies along the Costa del Sol. In order to offer our properties exclusively to the other agencies and their database of buyers. This way we sell faster and at the best price, as we have a large percentage of potential buyers interested in the property and can get the best offer to our selling client. Enhanced marketing efforts: Private agencies can employ customized marketing strategies to promote your property. They can invest more time and resources in showcasing your home, including professional photography, virtual tours, drone imagery, targeted advertising and customized marketing campaigns. These efforts can help attract serious buyers and increase the chances of a successful sale. We know our properties inside out and we know how to defend the appraisal price. The key is to offer a unique and personalized service for each property. Specialized expertise: Private agencies can specialize in specific property types or neighborhoods. If your home has unique features or is located in a niche market, partnering with a private agency that specializes in that area can provide valuable expertise. They will have a deep understanding of local market dynamics, pricing and prospective buyers, which can optimize the selling process. Confidentiality: Some sellers prefer to keep the sale of their property private, especially in situations where discretion is important. By working exclusively with a private agency, you can limit the exposure of your property listing to a select group of prospective buyers. This approach can help maintain confidentiality and minimize public visibility. Negotiation advantages: When you sell your home exclusively, the agency has a vested interest in getting the best deal for you. They can act as your representative during negotiations, leveraging their experience and market knowledge to defend your interests. This dedicated support can enhance your bargaining power and potentially lead to a more favorable sales price and terms. Simplified communication: With a single agency representing your property, communication can be more efficient and direct. You can maintain a direct and constant line of contact with the agent, making it easier to stay informed about viewings, comments from prospective buyers and the overall progress of the sale. It is important to keep in mind that the benefits of selling exclusively with a private agency may vary depending on the specific agency, the local real estate market and your individual circumstances. It is always advisable to research and evaluate different options before making a decision, considering factors such as the agency's track record, reputation and experience in selling properties similar to yours.

Dear valued clients, I am thrilled to announce the opening of my new office in the Center of La Cala de Mijas! The office is situated on the main boulevard of the village, making it easily accessible and convenient for you My new address is Bulevar de La Cala 49, Edif La Vega 49, floor 1, office 19. I'm excited to work from this building! At my new office, I will be offering the same range of services in the Real Estate and document management fields. This includes expert advice and guidance on buying and selling property in the La Cala de Mijas area and surroundings, as well as assistance with managing paperwork. I'm dedicated to providing the best possible service to all of my clients, and my new office is just one example of my commitment to excellence. I believe that the new location will allow me to better serve the needs of my clients and provide them with the high-quality services they deserve. I look forward to seeing you at the new location soon! Best regards, Iris

IRIS ESTATE is formed by a professional and experienced team with continuous training with the same values & goals ​​in common: Our VALUES: ​Transparency & Honesty Excellence & Efficiency Commitment & Respect Mark a Difference Responsibility Trust Empathy Gratitude Our GOALS: Make a difference and exceed the expectations of our customers Documentation Management Promotion Buys Sale Construction