Spanish Property Law Updates
Spanish Property Law Updates: discover what only the top, expert property lawyer in Spain know about spanish property law updates
Having assisted clients for more than 15 years in Lanzarote, there are a few things you should know because purchasing a property here. Please find below some advice that will help you to avoid any pr…[read more]
If you have a property in Turkey that you wish to sell, there a number of important considerations to take into account. For example, at which stages do you have to be present? Or, can you sell your p…[read more]
For adverse possession to be successful under French Law, there must be unequivocal possession. The below legal matters were considered by the Court of Cassation (High Court) in a recent decision (Cas…[read more]
Portugal has an unusually high number of homeowners, standing at about 75% of the population. This is about 10% higher than the US and the UK. A large number of foreigners already live in Portugal. …[read more]
For the purposes of Turkish law – and similar to other jurisdictions – there are two main categories of land:
- Agricultur…[read more]
If you are interested in buying a property in Portugal, you should be aware of a few potential issues, which we detail below. First, you must find out if the owners of the property are the real own…[read more]
Before acquiring property in Greece, it is crucial to check the permitted uses; that is to say, the limited purposes for which the property may legally be used.
Permitted Usage
It is not un…[read more]
Unlike the buyer, the seller is burdened with collecting the majority of the documents and certificates required for the transfer.
The process for selling Property in Greece …[read more]
Foreign individuals or companies who own real estate in Turkey may rent, sell or establish charges on the relevant property.
It is …[read more]
Take into account Property Tax in Portugal if you are thinking about buying a House or a Land there, it is important to understand the costs involved – including government taxes. The first step b…[read more]
Greece is a country where traditionally the majority of its people own their homes. The [read more]
The acquisition and operation of a Hotel is a particularly important sector for the Greek economy, which relies heavily on tourism revenues.
[read more]
First off, buying Property in Portugal after Brexit is absolutely possible. Despite we are deep in Brexit; more than 3 years after the referendum that decided Brexit, the United Kingd…[read more]
In this and subsequent articles we will be detailing various aspects of the Community of Property Owners – as regulated by the Horizontal Property Law – a fundamental…[read more]
The Ukrainian real estate market is developing fast and is generating growing interest from international investors. The key factors which make the market so attractive are: – Low real estate carr…[read more]
Greece is an attractive choice for foreigners who are interested in buying land abroad. However in Greece there are some restrictions for foreigners who intend to buy property – such as in areas cla…[read more]
The decisions you make during the property selling process can save you money and avoid delays and there are a number of important questions in this regard that you need to ask yourself before proceed…[read more]
The process of purchasing a property in France can be either fast or slow. Pre-contracts (option agreements) can be concluded at a very early stage. It is therefore advisable to be cautious before sig…[read more]
You have spent your holidays there, you love the weather, people are nice and the food is great… so you decide you would like to have a [read more]
Several regions in Greece are still in the process of completing their transition from ‘old system title’ to the modern Land Registry System. What does this mean fo…[read more]
Turkey, due to its natural beauty and warm Mediterranean climate has become a preferred location for the purchase of real estate by foreign investors. In accordance wit…[read more]
It is easy to get carried-away with enthusiasm when embarking on a mission to acquire a property in Cyprus. The balmy Mediterranean [read more]
If you are moving to Italy, whether for work or studying reasons, the first issue you have to face is finding an accommodation. Renting an apartment in Italy is perhaps different to other countries li…[read more]
Whether you are an investor looking for a good deal or a non-resident individual looking to buy a house in Portugal, there are many good reasons to do so, however, there are also many pitfalls that yo…[read more]
As the real estate market develops in Turkey, the Condominium Law is becoming the center of attention. For those who would like to purchase real estate in Turkey, one o…[read more]
Paris is a city where there is a huge demand for real estate and where there are many choices and competition.
Before buying a prop…[read more]
Aggregate costs can ruin a good plan; Buying property in Portugal costs need to be well covered from the purchaser side; read from the experts about these costs behind the corner. Before p…[read more]
It is quite normal to be both excited and worried about the possibility of buying a house in Greece, as acquiring a piece of sunny Mediterranean land is a wonderful project, but in an unknown jurisdic…[read more]
Anyone who owns a property (apartment, house, villa or land) in Turkey is liable to taxation according to the [read more]
The Grand Duchy of Luxembourg is one of the Europe’s leading financial centres and a prime destination both for large corporations and individuals thanks to its political, economic and r…[read more]
Many buyers and sellers are unaware of their obligations with regard to the costs of the process of buying and selling property in Portugal. This can lead to stress and…[read more]
The conveyancing process in Portugal can be quite straightforward – as long as you receive appropriate independent professional guidance. If you have searched online for the ideal property then you…[read more]
Galicia is well-known in Spain for its gastronomy, astonishing landscapes, beautiful beaches and its valued architecture. Because of these features, lots of clients contact us showing…[read more]
Selling a property in France may seem a simple operation at first glance, since it is carried out in accordance with a very strict formality under the responsibility of…[read more]
If you considering buying residential property in Israel, whether as an investment, as a vacation apartment or as permanent residence, there are a number of peculiarities – specific to Israeli law – t…[read more]
I would like to share with you some brief tips and advice in case you plan to buy a property in Hungary. There are some legal and non-legal risks as well, which can of course be mitigated by an [read more]
Purchasing a property has many compelling reasons considering the massive portfolio in the real estate market which offers a wide range of choice to foreign buyers from the basic and bud…[read more]
In general, buying a farm in Spain is a process more complex than purchasing a rural property here since, in additi…[read more]
What is Capital gains?
Capital gains is a tax term that corresponds to the profit obtained by the seller on the …[read more]
According to the WEF (World Economic Forum), Spain has continued to be the most competitive country in the tour…[read more]
In this article we are concentrating on those issues that require particular attention when buying a house in Spain. The [read more]
Recently we have advised a non-resident client based in Belgium regarding a buy-to-let operation he was wished to develop in Spain.[read more]
Tax resident in Spain
Individuals are deemed to reside regularly in Spain when they remain in the country for over 183 days (6 months) during the calendar year. Sporadic abs…[read more]
Thinking about buying a home in Spain? These are the 8 steps to follow: buying a property in spain for dummies will help you for starters. Expert English-speaking lawyers with ample experi…[read more]
Once someone is selling house in Spain, this decision will probably come from the urge to go back to one’s home country for whatever important reason. Or perhaps it is …[read more]
We recently assisted a client who wanted to buy land in Spain but was concerned about the impact of Spanish law as the land was situation in the green-belt and where th…[read more]
Once you have decided to make an offer on a Spanish property that you are interested in, it is usual to have some doubts about the …[read more]
Typical reasons given for buying a property in Spain include the fact that the average price of the properties are lower than most of northern Europe, the good weather …[read more]
When someone buys to let, not only in Spain, but anywhere in the world, they must take into account several factors:
Profitability
Firstly, the profitability that can be expected in Spain f…[read more]
When you buy a property in Spain, you must bear in mind that you will be asked for two depo…[read more]
Buying Land in Spain can be the key to a golden retirement, with a nice house, the possibility to generate some useful additional income from tourist rentals…unfortunately problems may arise along t…[read more]
Feel free to browse and/or download this presentation about Property Taxes in Galicia, from our Tax expert- English speaking lawyers in Galicia, Spain. You might be interested …[read more]
TABLE OF CONTENTS
This Legal Guide to Buying property in Spain splits int…[read more]
Due Diligence
Principally an independent solicitor in Spain will ensure that all appropriate due diligence is carried-out. This broadly falls into two …[read more]
Mistakes buying Property in Spain: look …[read more]
Feel free to browse and/or download this presentation about Property Taxes in Aragón, from our Tax expert- English speaking lawyers in Aragón, Spain. You might be interested …[read more]
Introduction – ITP & AJD Tax Rates by Region
The Spanish central government devolved legislating powers for the setting of property tax rates to the seventeen autonomous regions of Spain…[read more]
Introduction
As per Article 35 of the Land Registry Law No. 2644, amended by Law No. 6302 which entered into force on 18th May 2012, persons with foreign nati…[read more]
Each property owner, by virtue of being an owner, and from the moment that, upon acquiring a home or commercial property in the relevant building or urbanisation the ow…[read more]
Introduction
It is not uncommon for property purchasers in Spain to come across the situation where the property that they are interested in purchasing does not appear to be registered in th…[read more]
Minimum Fiscal Value
Since way back in the economic crisis of 2007, Spain’s banks have been forced to take back a huge number of properties on to their books. Of course the banks typically…[read more]
Banks’ Legal Obligations
Those who bought an ‘off-plan’ Spanish property but never in fact received the completed property ma…[read more]
General Considerations when Moving to Spain
Perhaps a result of the proximity of Brexit, the numbers choosing a relocation to Spain seem to be climbing. Another factor could be the tendency …[read more]
Don’t waste profits!
Whether you are selling a property in Spain yourself or leave it in the hands of an estate agent, for those selling property in Spain tax impli…[read more]
A common enquiry received from our English-speaking clients who have decided to end their joint ownership of property in …[read more]
If you are in the process of a [read more]
All may not be what it first appears: read about the pitfalls to avoid when buying property in Spain. These pitfalls may hide some critical problems that will change your…[read more]
Over the past month we have had various clients ask for advice on ending their contrac…[read more]
Legislation
In February 2016 legislation was approved by the Andalucian Government making mandatory the issuing of tourist r…[read more]
If you are thinking of renting-out a property in Spain , then normally this type of activity would be considered to be exempt from VAT. [read more]
Recent rulings by European and Spanish courts mean that, if you’ve taken out a Spanish mortgage, you could be entitled to reclaim considerable amounts of money as a result of the abusive floor clau…[read more]
Any landlord who lets out a residential or commercial property must deal with minor issues, however, at times they must face more seriou…[read more]
Inheritance Taxes
There certainly are advantages to buying a Property in Spain through a Limited Company. You can either [read more]
Firstly it is necessary to consult a lawyer who can review the lease and determine the exact situation and the legal options available. In Spain the legislation that re…[read more]
Not to be considered a sideshow, this kind of notification sits on top of the eviction process in Spain. Spanish eviction notice requi…[read more]
A client contacted us recently for assistance with obtaining an NIE number. They had bought a property in Fuerteventura back in 2002 when it was not an obligation to possess an NIE when carrying-out t…[read more]
There are a number of costs involved in arranging a mortgage in Spain and include commissions charged by the financial institution involved as well as taxes to the gove…[read more]
What is Eviction?
Evictions in Spain are the judicial processes by which a landlord may have a tenant removed from their property for breach of th…[read more]
1. The Property Valuation
The amount charged by the notary is controlled by law and varies according to the price of the property. The minimum amount chargeable fo…[read more]
Introduction
Known in Spanish as the Ley de Arrendamiento Urbano (LAU 29/1994)* this law forms the basis of the rules that regulate landlord and tenants rights in S…[read more]
Introduction
When a villa is being purchased in Spain then the legal responsibilities of the owners may often end at the boundaries of their residence. However, it is more usually the case, …[read more]
What Property Taxes are there in Spain?
While Spain is famous for it’s sun, sand and sangria, undeniably it is a world-beater when it comes to taxes! They are literally everywhere you look a…[read more]
Practical issues When Selling Property
If you are planning on selling your property in Spain during 2019, this guide will cover the main points that you need to consider –…[read more]
The Supreme Court has rejected an appeal by the seller of a property in Almeria ordered to pay damages for selling a property despite not being named on the property re…[read more]
The High Court in Mallorca has ruled against a tenant’s claims to have a right to stay in the defendant landlord’s property for a period of five years as per the then p…[read more]
Spanish Property Buyer’s Deposit Refunded as no license of first occupation
The Supreme Court in Madrid has refused an appeal by the developer of La Reserva de Marbella, and confirmed the …[read more]
No Express Prohibition
In a recent decision the Supreme Court has confirmed that for owners of properties in urbanisations, in ce…[read more]
A couple in the La Rioja region of northern Spain who attempted to have a contract for the purchase of an off-plan apartment declared null and void due to delays in completing the apartment have had t…[read more]
One important aspect of the new law on Renting Out Property in Spain: Law 4/2013 (Measures to Increase Flexibility and Develop the Rental Market) introduced earlier t…[read more]
Civil Code
While much time has been spent here and in other publications discussing the legal aspects of renting a property in Spain, we often overlook…[read more]
The High Court in Álava province (Basque Country) has declared a so-called ‘[read more]
In May of 2013 the Spanish government introduced a new law affecting how mortgage debt is to be dealt with by the nation’s banks in an effort to assuage the effects of …[read more]
The Supreme Court has ruled that ‘an obscure’ clause in a pre-purchase contract for the purchase of property from a construction company was sufficient to render the en…[read more]
As a result of the property bust, Spain has an estimated three-and-a-half million properties lying empty and the government has finally put actions into words by approving a new law aimed at promoting…[read more]
The Spanish Supreme Court has set-out rules that the banks must comply with in order that they may rely on the so-called ‘Cláusulas Suelo’ , which are clauses in the m…[read more]
The National Council of Public Notaries in Spain has issued a circular to all practicing notaries to the effect that the new laws relating to foreclosures approved judi…[read more]
Many people choose to rent in Spain when they arrive rather than buying as they want to get an idea of the area before making a long term commitment. So it is a good idea to understand how the rental …[read more]
Spanish Regional Tax System
The recent changes made by the Spanish government to the property sales tax make it a good time to re…[read more]
In a decision that may have important implications for those who have been buying property in Spain, a contract for the purchase of an a…[read more]
As part of an initiative to improve transparency and security for those interested in investing in Spanish real estate, the Spanish land registry, with over a thousand …[read more]
For a not inconsiderable number of people the Spanish dream has turned into a nightmare as a result of the property implosion. Setting aside those semi-professi…[read more]
Dación en Pago
Following the financial crisis in 2007 and against a backdrop of mounting property foreclosures in Spain the courts saw an increase in [read more]
For the second time the Spanish courts have ruled that so-called ‘cláusulas suelo’ or clauses used in variable rate mortgages that set a minimum below which mortga…[read more]
