Buying an apartment in Spain via a UK Ltd Company

Spanish Property Insight Forums Spanish Property Forums Property Questions & Answers Buying an apartment in Spain via a UK Ltd Company

This topic contains 5 replies, has 5 voices, and was last updated by  Graham Pooley 4 years, 8 months ago.

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  • #182087


    I wonder if any one can help?

    I am thinking about buying an apartment in Spain. We are considering buying it via a limited company that we have set up in the UK. There will be no mortgage involved as it’s cash from the company account coupled with a Directors loan.

    Can anyone please help me identify the costs of going down this route. I understand the costs if I purchased this as a private individual, but I can’t seem to nail the numbers using the limited company route.

    Any feed-back will be much appreciated.



  • #182131

    Mark Stücklin

    Hi Colin,

    Have you read this article on the pros and cons of buying through a company?

    Buying and Owning Spanish Property through Companies: Pros and Cons

    Does that answer your question?

    • #182136


      Oh dear….companies are a no no….unless you are spending millions!!

  • #183043

    Hi Colin,

    If you purchase your Spanish property into a UK Limited Company the costs will be the following.

    1: Around £5300 UK & Spain legal fees for setting up the UK Company to accept & buy the property in Spain correctly.

    2: Around €1500 to cover the Spanish Notary & Land Registry Fees.

    3: 10% Property Purchase Tax in some Regions of Spain but can be slightly less in some Regions. There is a method of saving the 10% Property Purchase Tax if the property was invested into a UK Company in exchange of shares.

    If you were to purchase a Spanish property into a UK Limited Company then the Spanish Inheritance Tax savings would be around €85,000 if the property was going to be bought at €300,000 and left to a Group 3 Beneficiary in Spain.

    If anyone would like to contact me directly I can supply a Spanish Inheritance Tax planning website that allows you to calculate your own specific Tax liability if you buy in your own name a Spanish property, also there is a on-line Audio Movie of around 4 minutes that presents the full process and advantages of UK Limited Company ownership.

    Regards, Mark Roach.

  • #183882

    Graham Pooley

    I had the same question Colin, thanks for asking.

  • #183883

    Graham Pooley

    and thanks to both Marks for their answers too!

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