High of services and local taxes

Percent sign in magnifying glassFrom the moment that Scripture has formalized before a notary, you must register with some basic services like water, electricity, telephone …

From Cosmopolitan Properties recommend also hiring insurance to cover both your property and the contents of the same, as well as third party liability. This issue will become a requirement at the request of your bank if you hire a mortgage.

On the other hand, should be aware that local taxes become your responsibility once acquired housing.

– IBI (property tax) will be paid to the City annually who calculated on a base called ‘rateable value’. Payment can be made through a local bank account or a consultant appointed by you.

Finally, the buyer should consider the costs of community, for administration and general maintenance of common areas in which your property is located. Usually hire a farm manager to control external accounts and advice.

Tel. +34 951 279 367
info@cosmopolitan-properties.com