The home of the week will be on the market on the first of March, 2019.

A private secluded Cádiz villa is available for sale. 

Would you like to view a truly exquisite property in the south of Spain? When you have eliminated all other possibilities, your best bet is this amazing luxury villa in the sought-after Cadiz Coast in Zahara de los Atunes, which offers both privacy and exclusivity that are hard to find.

While this impressive house does have lovely views of the Cabo de Plata and the expansive Atlantic Ocean, the best thing about it is surely the fascinating views it enjoys of the Cabo de Plata and the mystical Atlantic Ocean. Because modern chalets are built right into the side of the hill, they have large windows that provide a wonderful view of the sea, with turquoise blue tones dominating the scenery. villa qatar

Every room has an ocean view.

There are five bedrooms, of which four have their own en-suite bathrooms, and another two bathrooms as well. This personal fitness center has its own office, library, and gym, so you can use it all in your home without even getting dressed. It is possible to get to everything in the building's basement via the elevator on the lower floor.

Bulthaup B3 kitchen furniture and Gaggenau Professional appliances are all included in the purchase price. It also has a family-style breakfast bar and a centralized island for you to enjoy quality time with your family. This room has a direct connection to the solarium, a wonderful place to lounge outdoors in the sun, and a private infinity pool with a fantastic view of the coastline.

Moreover, this exclusive home includes central heating and air conditioning, a garage with room for four cars, and an advanced security alarm system with an integrated security guard for round-the-clock security. The best way to enjoy the finer things in life is to uproot yourself and start a new life in Spain.

If you do not pay back a loan in Spain, what will happen?
Payments to customers or vendors who have not paid their debts in Spain.

A relative or a financial institution loan is rarely repaid on time or at least until it is claimed. A ruling issued by the Superior Court of Justice of Madrid claims that any debt owed in Spain, no matter how old, is not automatically forgiven simply because it remains unpaid after its expiration date. The borrower must pay the Spanish Inheritance and Donations Tax if the loan is written off (Impuesto de Sucesiones y Donaciones or ISyD).

With this ruling, the Madrid Supreme Court rejects the Hacienda's contention that lenders who don't do anything to recover loans have canceled them. Reaching the deadline of an unpaid debt does not necessitate starting a lawsuit to obtain the money. In fact, the Court feels that "the deadline of an unpaid debt merely implies the beginning of action to claim it," says José Maria Salcedo, a partner at the law firm Ático Jurídico.

The lack of anyone making a claim means the loan can be written off. Only the five-year civil-limitation period applies as a condition to cancellation of the loan repayment. Salcedo suggests that the court acknowledges that the interpretation of this provision can lead to multiple problems because civil actions may be paused and resumed based on partial payment, acknowledgment, or both, all of which must be added to the term of the loan's agreement.

However, if the lender had waived their right to demand the debt without exercising any action, then the interpretation with no legal support would lead to indeterminacy and legal uncertainty.

When the lender's right to claim repayment of the loan from the borrower has expired, the writing off of the loan will only be understood as having occurred. The person's money would be considered a donation to the ISyD. Should they fail to pay the tax on time, the tax authorities have four years to verify and settle the debt.

Loan provision is exempt from the Property Transfer Tax (the ITP), but loan cancellation is subject to the ISyD. In most cases, unless there is a family relationship (parents to children), donations from parents to their children are excluded from tax benefits, according to Salcedo.

A summary of the preceding paragraph is that loans between individuals are cheaper, but the cost of taxes if the debtor ends up paying the gift tax on it is high.

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