The Trustee

Smart Ways to Buy Property in Marbella That No One Talks About

Buying property in Marbella is a fantastic investment, but did you know there are smart strategies you might not have considered? Today, we’re sharing three unique ways to purchase property in Marbella or anywhere in Spain that could help you save on taxes and financing costs.

1. Leverage Your Foreign Company to buy Property in Spain

You don’t need to establish a new Spanish company to buy property in Spain. Many buyers assume that a Spanish company is required, but you can actually purchase property through your existing foreign company. Whether your company is based in Germany, Belgium, or France, this strategy can help you avoid personal taxation and additional local taxes. Learn more about how this method can benefit you.

Benefits of Using a Foreign Company for Property Purchase

  • Avoid personal taxation in Spain.
  • Potentially lower taxes compared to a direct personal purchase.

2. Consider Donating the Property

Did you know you can buy a property in your name and later donate it to a child or loved one? In Andalucía, the donation tax is favorable, and non-residents can benefit from a 99% tax reduction. This is especially advantageous if donation taxes in your home country are higher.

Why Property Donation Is a Smart Move

  • Significant tax reduction (99% bonification) for non-residents in Andalucía.
  • Helps avoid high inheritance taxes in your home country.

3. Use a Mortgage From Your Home Country

Many buyers don’t realize that they can use a mortgage or private loan from their home country to finance property purchases in Spain. Given Marbella’s popularity as a prime investment location, many lenders offer favorable terms for international buyers.

Advantages of Using an International Mortgage

  • Simplifies the financing process for foreign buyers.
  • Potentially better loan terms than those offered by local Spanish banks.
These three strategies can help you buy property in Marbella with greater financial flexibility and tax advantages. If you want to learn more about these unique approaches, don’t hesitate to contact us at info@utrust.es for expert advice and guidance.