Category: Uncategorized

Rural land (suelo rústico) and agricultural properties follow different rules from residential homes in Tenerife. If you inherit land, here’s how to understand its legal status and how to sell it safely. First Check the Land’s Classification Rural land in Tenerife can fall into several categories. Some allow small buildings or renovations, while others are…

Modern inheritances often include digital items such as online banking, email accounts, cloud storage, social media profiles and cryptocurrency. Spanish inheritance law recognises these as assets or rights that must be handled correctly. Here’s what heirs should know. Digital Accounts Are Not Automatically Accessible Heirs often assume they can access email or online banking immediately,…

When someone dies owning a vehicle in Tenerife — such as a car, motorbike or boat — it becomes part of their estate. The inheritance process is separate from property and has its own steps. Here’s how to transfer ownership simply and legally. Vehicles Must Be Included in the Inheritance Deed The Spanish notary will…

If a person dies outside Spain but owns a property in Tenerife, their heirs must complete two inheritance processes: one in the country where the death occurred and another in Spain. This is normal and happens frequently with expats and holiday homeowners. Here’s how it works in simple steps. Step 1: Complete Probate in the…

Heirs often inherit properties that haven’t been lived in for months or even years. Before selling, the property usually needs cleaning, repairs or a full clear-out. Here is how to prepare an inherited Tenerife property for the market in a simple and efficient way. Step 1: Clear the Personal Belongings Most families remove sentimental items…

Some Tenerife properties still have an outstanding mortgage at the time of death. If you inherit a property with a mortgage, you also inherit the financial obligation. Here’s how it works in simple terms. You Inherit Both Assets and Debts Spanish inheritance law does not separate assets from liabilities. If the deceased owed money on…

When someone dies with a bank account in Tenerife, the bank will freeze the account until the inheritance process is completed. This is normal and happens even if the heirs urgently need access to funds. Here is how money inheritance works in Spain. Banks Freeze All Accounts Immediately The bank will block access as soon…

If you live outside Spain and inherit a property in Tenerife, you will have new tax responsibilities — even if the property is empty. This guide explains them in simple terms. 1. Non-Resident Income Tax (IRNR) All non-resident property owners in Spain must pay Non-Resident Income Tax once a year. This applies even if you…

It’s common for two or more people to inherit a property in Tenerife. While this can work smoothly, it sometimes creates disagreements or delays. Here’s how the process works and how to keep things simple when several heirs are involved. All Heirs Must Agree Before Selling The property cannot be sold unless every heir signs…

When someone dies owning a property in Tenerife, their utility bills and local taxes don’t automatically stop. This guide explains what needs to be paid, who is responsible, and how to transfer everything into the heirs’ names once probate is complete. You Must Keep the Property’s Basic Expenses Paid Even before the inheritance is finalised,…