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Property for sale Gran Canaria

Category: Legislation/Laws

Buying House in the Canary Islands

The Best Choice for Buying Home in the Canary Islands: Rely on a Real Estate Agent Enrolled in the RAIC

Buying a home in the Canary Islands can be an exciting and beneficial opportunity, but it is critical to make an informed choice about the professionals who will guide you through the process. Contacting a real estate agent registered in the RAIC (Canary Islands Register of Real Estate Agents) is the safest and most beneficial decision. This official registry, maintained by the Canary Islands government, certifies the competence and reliability of real estate agents operating in the islands. However, it is essential to beware of industry “gurus” who often show up on social media with misleading offers.

What is RAIC?

The RAIC is an official registry run by the Canary Islands government that certifies real estate agents authorized to operate in the archipelago. Being registered with the RAIC means that the agent complies with all legal and professional regulations, thus ensuring a high level of competence and reliability.

Benefits of Choosing a RAIC Enrolled Agent.

-Guarantee of Competence:

Agents registered in the RAIC have demonstrated that they have the qualifications and skills to handle real estate transactions professionally.

-Legal Protection:

Registration in the RAIC ensures that the agent follows strict ethical and regulatory standards, providing greater legal protection and reducing the risk of malpractice.

-Reliability:

Agents registered with RAIC have access to official resources and support, increasing their ability to handle transactions with transparency and professionalism.

Beware of False Professionals and Social Media "Gurus"

In the Canary Islands real estate market, it is critical to pay attention to real estate “gurus” who often use social media to attract investors’ attention. Here are some warning signs:

Fuortive Videos:

Many of these gurus post catchy videos on social media with the apparent intent of providing informational value. However, these videos often serve primarily to pre-attract investors by offering superficial and general content. The videos may look impressive, but they lack concrete and verifiable details.

Absence of Concrete Testimonies:

Gurus often do not present real testimonials from satisfied clients or verifiable case studies. Their claims may appear enticing, but without tangible evidence of real successes or customer feedback, they are not reliable.

Confusing Patterns and Statistics:

To impress and confuse investors, these gurus show complicated diagrams, calculations, and real estate statistics that may seem technically advanced but are poorly understood by those without a solid background in the field. These tools can be used to give an air of expertise without offering truly useful information.

Sale of Expensive Packages:

The real goal of many of these gurus is to sell consulting packages at outrageous prices. These packages often offer no real added value and are full of “hot air.” Investors can end up spending a lot without getting useful or practical advice.

Acquiring Information Without Cost

It is important to know that you do not need to purchase expensive consulting packages to obtain information about the Canary Islands real estate market. Real estate agents registered with the RAIC offer free consultations and can provide you with all the information you need without requiring upfront payments. Turning to certified professionals allows you to get solid data and advice without the risk of unwarranted fees.

How to Verify Registration in the RAIC

Online Verification:

Check the official website of the RAIC or contact the relevant agency directly to confirm the real estate agent’s registration.

Request Documentation:

Ask the agent to provide you with proof of his or her registration and professional certifications.

My Commitment As a Registered Professional in the RAIC.

I would like to emphasize that I am a real estate agent duly registered in the RAIC. This means that I comply with all regulations and professional standards required to operate competently and reliably in the Canary Islands real estate market. My goal is to provide a transparent and high-quality service, helping you make informed and confident decisions without the need to resort to expensive consulting packages or tempting but misleading offers from social media “gurus.”

Conclusion

Investing in real estate in the Canary Islands can be a great opportunity, but it is essential to make informed choices about real estate professionals. Turning to an RAIC-registered real estate agent offers expertise, reliability and legal protection. Be wary of expensive consulting packages and social media “gurus” who offer only talk and confusing schemes without hard evidence. Always check the credentials of professionals and choose carefully to ensure a safe and satisfying buying experience. If you have any questions or need assistance, I am here to offer professional support and advice.

Take advantage of Free Real Estate Consultation

Whether you are a first-time buyer, an experienced seller or an investor looking for new opportunities, we are here to guide you through every step of the real estate process. Take advantage of our experience and market knowledge to make informed decisions and get the best results.

Spanish Tel. +34 635632009 Italian Tel. +39 3518711203

info@propertyforsalegrancanaria.com

By 2030, 90 percent of homes in Spain, including the Canary Islands, will be energy obsolete.

EU energy efficiency targets aim to improve the energy efficiency rating of 23.5 million homes in Spain, including the Canary Islands, which are currently labeled E, F and G classes.

A study carried out by the Rental Observatory and Sociedad de Tasación assures that 89.7 percent of the homes that make up Spain’s housing stock, consisting of a total of 26 million units, have an energy rating of E, F or G. This reflects that 23.5 million homes need to be upgraded to meet the European Union’s (EU) 2030 energy consumption reduction targets.

Of the remaining 10 percent that fall within the energy efficiency parameters, less than 4 percent are categorized as efficient homes with labels A (0.91 percent), B (1.03 percent) or C (1.93 percent).

The remaining 6.42 percent of homes are labeled as E-class homes, which are neither within the range to be changed by 2030 nor within the ideal energy efficiency parameters.

Energy Classification System
This index measures the efficiency of energy consumption through a scale of values indicating a home’s consumption and the amount of CO2 it emits.

In order to meet the European Union’s targets for reducing energy consumption by 2030, it will be necessary to undertake a series of renovations and energy upgrades on some 23.5 million homes in Spain. These homes currently have low energy ratings (E, F or G), which means they consume more energy and emit more CO2 than the desired standards.

certificato energetico canarias

Interventions to be carried out could include:

Improved thermal insulation:

Add or improve insulation in walls, roofs, and floors to reduce heat loss in winter and heat gain in summer.

Replacement of windows and window frames:

Install double- or triple-glazed windows with high-efficiency frames to improve thermal insulation.

Upgrade of heating and cooling systems:

Replace old heating, ventilation and air conditioning (HVAC) systems with more efficient solutions, such as heat pumps or condensing boilers.

Installation of renewable energy systems:

Integrate solar panels, photovoltaic systems or other renewable energy sources to reduce dependence on traditional energy sources.

Improved lighting:

Replace traditional bulbs with LED bulbs, which consume less energy and have a longer lifespan.

Energy control and automation:

Implement home automation systems that automatically regulate energy use, such as smart thermostats and motion sensors for lighting.

These interventions are crucial not only to reduce energy consumption, but also to decrease CO2 emissions, in line with the European Union’s climate goals. Homes that are currently in energy class E, F or G need to be upgraded to at least class C, which is considered more efficient and sustainable.

It is advisable for homeowners to begin bringing their homes into compliance now to meet the European Union’s 2030 energy efficiency requirements. Waiting could pose significant risks. As the deadline approaches, demand for energy renovations will increase dramatically, leading to a saturation of renovation companies. This work overload will not only make it more difficult to find available professionals, but prices for materials and services are also likely to rise accordingly.

Acting early will enable owners to:

Choose from the best deals:

Have time to evaluate and select the remodeling company best suited to your needs, avoiding having to accept the only option available at the last minute. As a Renovation Company we suggest www.propertyrenovationgrancanaria.com

Benefit from incentives:

Take advantage of any tax incentives or rebates available to those who decide to carry out energy efficiency work before the deadline.

Avoid delays and inconvenience:

Schedule work at the most convenient times, avoiding delays caused by excess demand and lack of skilled labor.

Ensuring an improvement in property value:

A property with a good energy rating will not only reduce energy costs, but also increase its market value, making it more attractive when selling or renting.

Starting energy upgrades early is a winning strategy to avoid surprises and higher costs in the future, while making sure you are ready to comply with European regulations without stress.

TAX RETURN FOR NON-RESIDENTS IN THE CANARY ISLANDS

TAX RETURN FOR NON-RESIDENTS IN THE CANARY ISLANDS

DO YOU HAVE PROPERTY IN GRAN CANARIA AND ARE BEHIND ON YOUR NONRESIDENT TAX RETURN AND DON'T KNOW HOW TO FIX IT?

DO YOU HAVE COMMUNICATION PROBLEMS BECAUSE YOU DON'T SPEAK SPANISH AND DON'T KNOW HOW TO FILE A TAX RETURN AND WHO TO CONTACT?

We are experts in Property Tax Management in Gran Canaria

dichiarazione-dei-redditi-per-non-residenti-gran-canaria

PROPERTY TAXES IN THE CANARY ISLANDS FOR NON-RESIDENTS

Many real estate investors who buy in Spain or the Canary Islands are unaware that they automatically become liable to pay local tax taxes.

If you are looking for assistance on Tax Management of your property in Gran Canaria, we are here to help you. We’ll take care of everything, you’ll just have to send us all the documentation we ask for via email.

Contact us, we will help you solve the problem before the Canary Tax Agency solves it for you!

Impuesto sobre la Renta de no Residentes (IRNR) is the income tax for all those who do not reside in Spanish territory, but have obtained income from real estate in Spanish territory.

WHEN YOU HAVE TO FILE YOUR TAX RETURN

IF YOU ARE A NON-RESIDENT OWNER WHO RENTS YOUR PROPERTY TO TOURISTS OR RESIDENTS
(Who rents it out to third parties)

Rental income, i.e., from Short Rent or Long Term Rent if you are not a resident of Spain, must be declared using Form 210 in the first twenty calendar days of January, April, July and October with respect to income whose accrual date is within the previous calendar quarter. In this case you will also have to file Form 420 and Form 425

IF YOU ARE A NON-RESIDENT OWNER WHO USES YOUR PROPERTY FOR PERSONAL USE
(Without renting it to a third party)

Imputed income from Urban Property: if the property has been vacant at any time during the year, Form 210 must be filed for that period. The return must be made during the calendar year following the accrual date.

INCOME FROM THE SALE OF REAL ESTATE

Within a maximum of 3 months after the period of one month from the date of transfer of the property has elapsed, Form 210 must be submitted

FAILURE TO DECLARE THE ABOVE TAX OBLIGATIONS CAN LEAD TO 95% PENALTIES FROM THE TAX AGENCY

Purchase our limited-offer service now, which includes YOUR NON-RESIDENT'S INCOME STATEMENT AND TAX PAYMENT SERVICE

CONTACT US NOW FOR YOUR STATEMENT

Don’t wait for the Canary Tax Agency to solve the problem. Contact us now and we will help you solve the problem.

Make your economic choices reflect what really matters to you!

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