Each year apart
from the electricity and water, you will be required to pay a local tax called
IBI as well as the community fees relevant to the community of owners where the
property is situated.
From the second year, you will be required to pay as well
a tax to the Spanish government ("Renta y Patrimonio").
We suggest
you take out an insurance policy to cover any possible damage, and as well a
maintenance agency to look after the property and deal with the tax department
on your behalf when you are abroad. You can obtain a good income renting out
your property through a specialised agency. Of course, enjoy your new property in
Spain.


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