Find Your New Life
on the Costa del Sol.

Our position: For a single primary home, second residence or lifestyle purchase, a personal purchase is usually the cleanest route. If the objective is to build income — for example, several rental properties, furnished short-term rentals or a professional buy-renovate-rent strategy — a Spanish SL may become part of the conversation.

The smart way to invest: before choosing the property, we help clients define the structure: personal purchase, Spanish SL, financing, rental licence potential, expected income, exit strategy and future reinvestment. A Spanish SL does not automatically eliminate ITP, IVA or AJD simply because the company sells and buys again. The opportunity is in planning: in some professional, VAT-subject transactions, the tax treatment may be more efficient — but only when the asset, seller, buyer, VAT status and intended use allow it. This must always be confirmed by a Spanish tax lawyer before signing.

Important: These figures are indicative and designed to help buyers understand the order of magnitude before making decisions. In Andalusia, resale homes are generally taxed with ITP, while new developments are generally taxed with IVA plus AJD. On sale, Spanish residents are taxed through the savings-tax scale, while non-resident property gains are generally taxed in Spain at 19%, with a 3% withholding made by the buyer at completion as an advance payment. Individual liability depends on residency, ownership structure, property use, country of origin and applicable tax treaties. We coordinate with bilingual fiscalistas before any client signs.

SL, flipping and reinvestment: If an investor buys through a Spanish SL, renovates or flips a property and sells it within two years to buy another asset, the profit is normally taxed inside the company under Spanish Corporate Tax. Reinvesting the proceeds into another property does not automatically eliminate Corporate Tax, ITP, IVA or AJD. The advantage of an SL is usually strategic: professional accounting, deductible business expenses where legally allowed, clearer rental/income activity and, in very specific VAT-subject transactions, possible tax optimisation. This must be planned before buying — seller status, VAT status, asset type, intended use and exit strategy all matter.

The smart investment route: For income-focused buyers, we review the objective first: buy-to-rent, renovation resale, long-term hold, family wealth planning or future portfolio growth. Then we coordinate with a Spanish fiscalista to decide whether a personal purchase or SL structure is more efficient. VOESTATES does not provide tax advice directly; we help clients ask the right questions before committing capital.

2025 Update — Spain Golden Visa abolished. Spain no longer accepts new Golden Visa applications through real estate investment. Existing permits and applications filed before the cut-off may continue under transitional rules. For clients who need an EU residency-by-investment route, we can introduce specialist partners for selected programmes in other European countries where this may still be available.

Our role: We do not provide legal or immigration advice directly. We connect clients with trusted, bilingual immigration lawyers and fiscalistas who have worked with our network for years. Understanding the residency landscape is, however, an integral part of our initial advisory conversation — it shapes the right purchase structure from the start.