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What to do in Denia in winter

What to do in Denia in winter

Nothing but an average temperature of 18º C awaits you in Denia in winter.

In addition, tourism is less intense in the winter season, so it is the perfect occasion to enjoy it calmly. Whether it be diving, kayaking, hiking or simply trying the amazing Mediterranean Diet, Denia is a luxury also in winter. Because the sun does not stop shining on the Costa Blanca.

Do you want to know what to do in Denia in winter? Today, we share with you our favourite plans. Do not miss them!

What to do in Denia in winter | Top Plans

Get lost in the streets of Denia

Something as simple as walking can become a perfect plan in an unknown city: surprises hide in every corner. And Denia is not an exemption. Its harbour, the neighborhood of Baix la Mar and its sailor history, the Castle… Not to mention beaches such as the Marineta Cassiana or Las Marinas.

Ascend to Montgó

The views of the calm sea are altered by the sight of this peak. In Sonneil we suggest you follow one of the climbing routes to see part of the Costa Blanca from a bird’s eye view.

Tourism… also underwater

Water sports in winter? In Denia, it is absolutely possible! You just need to wear a good suit. You can enjoy the green meadows of its seabed, the color of fish and the clarity of its waters. A perfect destination for diving. Once on the surface, try kayaking or renting a boat. That’s the Mediterranean way of life!

Bike ride through Denia

If you wonder what to do in Denia in winter, bike rides are the perfect choice… Also, the routes are easy enough for the whole family to enjoy them.

Visit the Carved Cova

This impressive rock formation that seems taken from Game of Thrones is just a few kilometers from Denia, bordering Jávea.

The best part? In winter, not so many people come here, so… the landscape will be almost just for you. We suggest you arrive by kayak or canoe. Remember to bundle up so that you don’t get too cold.

Eat… in any season

Did you know that Denia’s cuisine is part of Unesco’s heritage? That’s right, as a creative city of gastronomy. With this in mind… there is little more to say! Taste is not seasonal. Nor is Denia’s astonishing rice!

Other plans to enjoy Denia in winter

  • Try the hiking trails that reach the Cape of San Antonio.
  • Stroll along the beaches of La Marina, Trampolí or Marineta.

These are just some of the options yo can do in Denia in winter. A perfec season, as you will see, to enjoy your holidays sheltered by the Mediterranean essence. Because not only in summer does the sun shine in this historic port city.

Whether to stroll through its untouched white streets going up and down, to see the castle in the background or to look down on the city from the Montgó… Denia is a place to visit, at least, once in a lifetime.

What are you waiting for to explore Denia? If you decide to choose Denia as one of your destinations to get away, Sonneil can offer you great apartments in Denia. Enjoy life and treat yourself with an apartment in Denia.

Property taxes in Spain

Property taxes in Spain

Taxes. There’s no escaping them. And when it comes to property, whether residential or in any other form that’s subject to taxation, the Spanish tax system is no more or less complicated than anywhere else, so please be advised that the following should only serve as a guide and for further details you should consult with a property tax lawyer or qualified gestor.  

There are two types of taxes on assets in Spain:

  • An estate tax (Impuesto Extraordinario Sobre El Patrimonio) that covers all your assets including residential property, but also business assets, bank balances, fixed income securities and company shares, among other assets.
  • A property tax (Impuesto sobre Bienes Inmuebles or IBI) which specifically relates to real estate. The IBI is an annual municipal property tax, due by the person who owns the property on January 1 of the current year. It is calculated from the rateable value of the property, which is determined by the size, condition, location, and purchase price, among other factors. 

Tax calculated on residential real estate (not rented)

A non-resident income tax is payable for all real estate property reserved for residential use; for example, a second home in Spain that is not rented out when it’s not in use. It is calculated by applying a rate (19% for residents of the European Union, Iceland and Norway, 24% for residents of other countries) on a notional rent of 1.1% or 2% of the cadastral or rateable value of the property.

Tax on rental income

Rental income from real estate held in Spain by non-residents is subject to taxation which also differs according to the country of residence of the owner. For residents of the European Union, Iceland and Norway, the tax rate is 19 percent and applies to net rental income 

The tax on capital gains

There are two types of capital gains taxes in Spain after the sale of a property:

  • The tax on the difference between the sale price and the purchase price plus the costs and taxes related to the purchase of the property. 
  • The municipal plusvalia tax, determined by the municipality according to the cadastral value of the property and the number of years in which the seller has owned it.

Filing tax returns

The obligation to file a tax return depends on whether the taxpayer is resident in Spain for tax purposes. If this is the case, they must submit a tax return if their net assets exceed €102,172 or their gross assets exceed €601,012. Autonomous regions, such as the Community of Valencia, to which the Costa Blanca belongs, are entitled to set their own minimum amounts.

Even if the taxpayer has their tax residence abroad, they must still submit a property tax return, but only in relation to the assets they own in Spain.

Registering your car in Spain

Registering your car in Spain

After buying a house, the next biggest investment that most people make is in buying a car. For many expats living in Spain this comes with the extra added procedure and cost of transporting a car to Spain from their country of origin. The following is Sonneil’s guide to the process involved in registering your car in Spain. 

If you are a Spanish resident you must register the car in Spain within 30 days, if you are not a Spanish resident you can drive the car in Spain for up to six months before you must get it registered.

To register your car you will need to go to the Jefatura de Traffico, offices of which can be found in Alicante or Elche and present 

  • – the obligatory application form, available from the local Jefatura de Tráfico.
  • – your NIE, and proof of address.
  • – The original and a photocopy of the Receipt of payment of the local car tax (impuesto municipal sobre vehículos de tracción mecánica/IVTM) and registration tax (impuesto especial sobre determinados medios de transporte), both of which are available at the Jefatura de Tráfico
  • – Proof of payment of VAT in country of origin
  • – Receipt of purchase of the vehicle
  • – Certificate of Conformity (Certificado de Conformidad) available from manufacturer 

A translation of the vehicle documents into Spanish may also be required.

The Spanish vehicle registration offices have also requested proof that the vehicle has not been reported as stolen. 

ITV inspection

The vehicle inspection process for roadworthiness in Spain is called the ITV, Inspection Technica de Vehiculos and it is mandatory.  The first inspection of a brand-new car or motorcycle must be carried out four years after registration. After that it will be every 2 years until the vehicle is ten years old, after which inspections must be carried out every year.

After passing the ITV a sticker will be attached to the windshield bearing the ITV date as proof after verification. It should be noted that there is no grace period with regards to completing the ITV. Even if you miss the deadline for inspection by a few days you risk being fined. 

Deregistering a car

In the event of deregistration, the relevant forms must be filled in at the Traffic Office in Alicante (Jefatura Provincial de Tráfico).

In case of theft, you must report to the National Police or Guardia Civil, who will issue you with a document (Justificante) acknowledging that you have reported the vehicle as stolen, which you must bring to the Traffic Office to have the car deregistered. 

Retiring in Spain

Retiring in Spain

There is a reason that some 70,000 British pensioners have chosen to retire in Spain. There are the amazing golf courses, complemented by its food and climate, which have been recognised by the World Health Organisation as the best in the world in terms of offering a healthy lifestyle. Not to mention that the cost of living in Spain is around 30-40 percent lower than in the UK, meaning that your monthly pension payments go significantly further in Spain than in the UK.

Besides all of this, there’s the fact that common membership of the EU made it almost as easy to retire in Spain as to retire in the UK. Obviously that’s all going to change with the UK set to depart from the bloc; however, the Spanish government has been eager to address the concerns of the British expat community in Spain. To this end Madrid announced in March that Britons living in Spain will be able to apply for a “foreigner identity card” before 31 December 2020 to prove their legal residency status. Once this is obtained, expats should find their access to services like healthcare and social security largely unchanged regardless of whether the UK leaves the EU with or without an agreement.

So, Brexit notwithstanding, what are the administrative steps to be taken to settle down to retire in Spain?

First you need a residence permit, to get this you need to register at your local Oficina de Extranjeros who will then issue you with the permit. Once you have this you can register on your local town hall’s census (padrón), which brings a variety of benefits including the right to vote and free or discounted access to services such as sports centres and libraries.

Pension

Retirees living in Spain who are in receipt of a UK State Pension can choose to have their monthly payments paid into either UK or Spanish bank account. For the second option, you’ll need the international bank account number (IBAN) and bank identification code (BIC) numbers for your Spanish account.

If you have a private or workplace pension plan in place it is advisable to talk to a financial advisor before leaving the UK. They will look at the various pension funds and investments available to you as well as tax efficient options for structuring your assets and funds.

To retire on a modest salary in Spain, you might plan to spend around €17,000 a year, but to retire comfortably it would be good to have around €25,000. If you’re willing to budget and live cheaply, as little as €15,000 yearly will do.

Healthcare

Emergency cover in Spain is available to anyone, whether you are an EU or non-EU citizen. To qualify, if you live in Spain and receive a UK state pension or long-term incapacity benefit, you may be entitled to state healthcare paid for by the UK. You will need an S1 form, which must be obtained in the UK and certifies that you are of retirement age and have paid all the necessary social security taxes in the UK. You will then be entitled to the same benefits as a Spanish national.

Suscribe to an electricity provider in your new home

Suscribe to an electricity provider in your new home

If you just moved in your apartment and you find the electricity shut down, you should know that you will have to contact an  electricity provider and sign a new contract.

It is important that you do it as soon as possible, since subscribing to an electricity provider usually takes between 5 and 9 business days, so it is important that you do it as soon as possible if you want to have electricity in your home, whether it is for light or gas.

How to subscribe to an energy provider in your new home?

For everything to go correctly, you must contact the provider assigned to you according to your zone and request for a new contract. In this first step, you’ll have to give the contracted provider all the information they need as well as the contracted power.

The contracted power you will need is very important, since if you subscribe to a one that does not fit your needs you will have future problems, such as the common power failure.

To know what contracted power you will need for your home, we advise you to use a gas and light comparator that will help you know which light company to hire and which is the best electric company in the market Knowing the best electric company to subscribe to is important, as it will facilitate the management of supplies and save energy.

Another important aspect is the requirements needed to register to that new provider. To register the light with Endesa, Iberdrola or another company, you will need to provide a series of documents, as well as know the subscription price. For example, the documents you will need to subscribe are the following:

  • Name, surname and national identity document, whether National Document of Identity, or passport.
  • Exact postal address of the home where the subscription will apply.
  • CUPS Code (JE SAIS PAS CE QUE CEST) that will be provided by the company itself if it is the first time you request that provider.
  • Certificate or the Electrical Bulletin that states that the electrical installation is in good condition…
  • The current account number (IBAN) for the payments.

Once you provide the documents, most companies spend between 5 and 9 days to craft the contract. When registering, the user must pay fees divided into rights of access, engagement and extension, and are usually linked to the provider of electricity chosen.

To do this, we advise you to contact the company in question and ask the conditions of signing a new contract.

Create a sustainable and efficient home

To create a sustainable home, it is not only necessary to take into account electrical supplies, you should also consider consumption habits. The routines that are followed at home and the type of installation will be key to creating an efficient house.

Some aspects, such as good thermal insulation, the installation of LED bulbs or appliances with an A +++ efficiency label will be the key to energy savings. If you want more advice, Fotocasa gives them to you in your last article.

Things to consider when buying a property in Spain

Things to consider when buying a property in Spain

Buying a property is the biggest investment most people will make in their lives. Buying one abroad is an even bigger undertaking as it involves navigating a foreign legal and financial terrain. It is normal to feel daunted by the task, but like anything in life, the better prepared you are going into it, the more likely you are to make a success of it. That being the case, Sonneil has compiled a list of important things to consider when buying a house in Spain.

Location, location, location

A house gains in value if it is located in an area with high quality schools and with good communication and transportation routes to the main urban centers, so be sure to ask about these local amenities. It’s a good idea to ask about future development plans pending approval as these may affect the house or its surroundings, and find out as much as you can about how much other properties in the area have sold for recently.

Viewing the property

When visiting the your prospective property purchase take note of things like the orientation of the house, ventilation of the bathrooms and kitchen, the state of the electrical installation, the arrangement of partitions and doors and the ambient noise levels outside. Take photos and write down your observations in a notebook to better remember the property after you leave. Ask the seller about the building’s energy efficiency rating. Choosing a home with an A rating in terms of its energy efficiency means an estimated saving of 89% compared to an F rating, thus allowing you to save money while you save the planet.

The purchasing process

The deposit agreement

Once you’ve chosen your new home and are ready to start the process of buying it, then the legal and financial considerations come to the fore. This starts with the signing of the deposit agreement. The deposit is usually around 10% of the cost of the house. Once the agreement is signed you take on the rights and responsibilities of a buyer. If you later decide not to go through with the transaction, you will lose this deposit but if the seller cancels the sale, they will have to return the deposit to you.

The title deed

Next is the signing of the title deed. This part of the buying process must be done in front of a notary with both the buyer and seller present. The deed must contain a description of the property as well as explaining any mortgages or charges on the house, the final sale price agreed and how it will be paid, plus the taxes and expenses related to the sale.

Taxes and other charges

The main taxes to be paid are the property transfer tax (“Impuesto de Transmisiones Patrimoniales” or ITP) and VAT. Other expenses include notary costs, the payment to add your name to the property register and any costs related to the mortgage.

In the end, the total taxes, charges and expenses represent around 8% to 13% of the purchase price, depending on the autonomous community (Spanish region) in which you are buying.

If you have reached this far in the process, then congratulations, you are the proud owner of your own Spanish property!