Property Management Costa Del Sol
Property management costa del sol
Once you have purchased your home in Costa Del Sol, whether it is for living or as a holiday rental property, you want to be sure that it is protected and maintained to the highest standard. This is where property services come in. They offer a comprehensive package that covers everything from property maintenance and cleaning to key holding and inspection visits. They can even arrange for changeovers and shopping – it is a one stop shop.
Some of these services are included in the community fees (that is, the maintenance fee that you pay when you buy an apartment in a complex) and others are separate. For example, cleaning costs may be from 12 euros per hour for a small apartment while for large luxury villas it can be as high as 40 euros an hour. These costs are often not included in the advertised price of a property and they need to be taken into account when calculating your budget.
When buying new build property, you will be charged 10% IVA tax (VAT) on the purchase price and 1.5% Legal Documentation Tax. In addition, you will be liable for property transfer tax that is levied on a sliding scale based on the value of the property. Depending on the location, this can be as much as 21%. A full service estate agent can assist with these payments and can also recommend reputable builders, lawyers, notaries and translators. Property management costa del sol