Services

BUILDING MANAGEMENT

OCfincas is a team of multilingual professionals with over fifteen years of experience in the management of buildings and urbanizations in the territory of Torrevieja, Orihuela-Costa, south of Alicante province.

Our commitment is that all the owners and the board (chairman, secretary, etc.) are well advised at all times and are confident that the Community’s interests are managed in the best possible way.

Trust and transparency, economic and legal security are our features for all owners, so that they can peacefully enjoy their homes.

Among our services, we can highlight:

– The whole team speaks Spanish, English and German. We also speak Dutch and French.

– Care and troubleshooting within 48 hours.

– Accounts of the communities are always up to date and available via the Internet.

– Claims defaulters under control. We manage the collection of unpaid community payments and legal action without any legal fees for the community.

– Energy saving. Obtaining a significant reduction in the consumption of electricity by analyzing accounts and adjusting rates and contracted powers.

– No bank commissions. We have an agreement with Banco Sabadell and the community doesn’t pay any bank charges for the maintenance, the presentation of receipts, etc.

– We negotiate by reducing the cost of service contracts of the community.

– Have professional maintenance (locksmith, plumbing, electricity, masonry, etc.), and guarantee the repair of incidents in the shortest possible time, warranty work and the best price / quality ratio.

– Management of works, rehabilitation of buildings, obtain national, regional and local assistance.

Yearly taxes to pay.
First of all you need to pay your local property taxes: Impuestos sobre Bienes Inmeubles (IBI), rubbish collection and sewage rights. These taxes are to be paid by all property owners, residents and non-residents alike. It is set and collected by SUMA in name of the town hall, similar to council tax in the UK. Once you have registered at SUMA all these local property taxes are generally paid by direct debit.
Spanish tax law requires that non-resident owners of property in Spain have to pay Spanish income tax even if they have no Spanish earnings such as rental income. This non-resident tax issue can be confusing. Why should owning a holiday home entail paying income tax? There is no equivalent in the UK, and no one from the tax office informs non-residents of their obligation to pay the tax and submit the form. In fact, a lot of holiday home owners are oblivious to the requirement or think they have already paid.
So if you are a typical holiday home owner, the question to ask yourself is have I paid both my local (IBI) taxes to the town hall and my income tax to the national government (Form 210)…?