|
For more information, on this and
other properties, please contact us.
Enquiry
form
[
]
eMail
[
]
Phone
[
]
|
NEW SALES PLANS WITH THE
BUYER IN MIND !
Helping Buyers To
Get on the property-ladder
For More Details Contact Us !
|
Affordable Homes in Sunny Spain
CO-OWNER PLANS
CO-OWNERSHIP PROPERTY PURCHASE
This way of purchase is a safe
and legal way to buy
property in Spain and is perfect
for families, or a combination
of families and friends, to buy
together and enjoy their legally
owned freehold property in Spain.
The
prices are per person, based on
a 2 to 5 family members or
friends, buying together. The cash amount of each person
is very low. As an example: a
Villa with Pool will cost
300.000 EUR. If there are 4
family members or a combination
of families and friends,
they need only EUR 75.000 each.
Spectra Properties offers a
choice of well located
properties, that are ideal for
purchase through Co-Ownership,
now with low purchase costs and
investment levels, and also high
tax savings, when buying or
selling property in Spain.
Following this concept
of purchase, will also avoid to
pay high inheritance tax of 40 %
or more. As the amount for the
shares is low, it will be also
easy to obtain mortgages.
CHECKLIST
 Simplicity of purchase &
ownership
Easy to obtain mortgage,
while small amounts needed
Simple and fully legal scheme
Excellent for family and friends
to join
Protect against Spanish
Inheritance Tax *
No inheritance tax & death
duties, in case of death
No inheritance tax & fees to be
paid, in case of divorce
No 7% transfer tax *
No
3% withholding Tax to the Seller
*
No "selling" to children
scenario
Ownership shares could be issued in
equal or unequal parts
Return on investment for all
co-owners
Positive equity growth
Benefit from shared low
running costs
*
UK citizens only
At
present we are offering 4
different Co-Owner Plans:
Co-Owner-Plan 2 -
2 shares to
be purchased
Co-Owner-Plan 3 -
3 shares to
be purchased
Co-Owner-Plan 4 -
4 shares to
be purchased
Co-Owner-Plan 5 -
5 shares to
be purchased
We have
limited the number of co-owners
to a maximum of 5, which own
100% of the freehold
property between them.
We can also set-up a
personal plan, if
requested. Just to
mention that these plans
have nothing to do with
"timeshare", where
dozens of people can
have "timed" use of one
property, whithout any
equity profit when
selling !
Our "Co-Owner-Plans" are
simple and legal way to
structure the ownership
of your property and
keep your money out of
the taxmans pocket.
When
taking into account
Spanish death duties,
inheritance tax, legal
fees, accounting fees,
etc., in both Spain and
the UK, and other 'incidentals'
40% or even more of the
value of your property to be paid.
When
a property is in the
joint names of a couple
and on the death of one
partner, the surviving
spouse must pay
inheritance tax on the
value of the half, he or
she inherits. In the
meantime the property
and bank accounts are
frozen by the Spanish
government, until all
taxes are paid. This
means that if you don't
plan ahead, and start
now, the cold fact is
that huge amounts of
inheritance will go in
taxes.
You can shield
yourself and your
children from those
crippling debts through
a simple, legal tax
shelter that means it
remains in the family,
free from burdens like inheritance taxes, death
duties and legal fees.
Our Saving Plans
will be available also
for individuals, which
already own property in
Spain, and still have
the time to consider our Saving
Plans. Watch this space for
future updates ....
|
