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New guides on the latest Spanish tax and immigration developments.
Practical tools for informed decision-making.
A Spanish resident asks whether costs of a comprehensive renovation of a flat in France can be included in the amortisation to calculate the net return on real estate. The DGT responds that if the works are classified as improvements or expansions, they form part of the acquisition value and can be deducted via amortisation.
Residents owning property abroad may be able to include renovation costs in amortisation if the works qualify as improvements or expansions.
The tax team reviews your specific situation.
Partner-attended · reply within 24 business hours
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