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Have you ever checked out a bank repossessed property in Spain? You could think that it’s a scam because the price is often a real bargain. However, when the property is listed by a well-established and reputed real estate agent, the listing is usually legitimate.
- Tags:
- Real Estate
- Spanish Law
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Are you thinking about investing in a property off the plan in Spain? Many investors and future homeowners consider buying an off-plan property, attracted by the possibility of having a tailor-made home. Unfortunately, sometimes they overlook some risks involved in the operation. This short guide may help you to buy your dream home in Spain […]
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24 Apr '20
The State of Alert in Spain has been extended until May 10th. To ease the economic impact of COVID-19 on the self-employed and SME’s, the Spanish Government has announced some new measures. As of April 22nd, business owners may defer the rent payment for their shops or offices, provided they comply with the following conditions: […]
- Tags:
- Emergency situation
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16 Mar '20
UPDATE APRIL 23RD Due to COVID-19, the Spanish Government has issued important restrictions in Spain. According to the latest Government’s announcement, they will last until 10th May. To protect the population’s health, the mobility of citizens is severely restricted, and everybody must remain at home. We are only allowed out to cover basic needs, such […]
- Tags:
- Emergency situation
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18 Jun '19
Sometimes we give for granted that driving a car is the same everywhere, but that’s not necessarily true. When driving in another country, we must know what the general rules are, to avoid problems with the traffic police. Some differences might be obvious, such as the side of the road you must drive on (the […]
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Buying your Spanish property involves paying some taxes. But, what happens after you become the owner of a home in Spain? Are you wondering if there is any other tax to settle afterwards? Here you have an outline of the main taxes that you should expect every year. INCOME TAX: The Income Taxes are collected […]
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After a long wait, a new Mortgage Law will come into force in Spain next spring. There are several important changes regarding some controversial aspects such as formalisation expenses, “floor clauses”, repayment fees, etc. These is an outline of the Mortgage Act that will soon affect property buyers in Spain. Does the new law affect […]
- Tags:
- Banks
- Real Estate
- Spanish Law
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As you probably know, residents in Spain who meet certain criteria must file their Assets Abroad Declaration (Form 720) before March 31st. Briefly: new residents in Spain that own properties, bank accounts or financial assets worth 50.000€ or more in other countries, need to check carefully whether they match those criteria. Residents from previous years […]
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The recent strikes are causing many troubles to travellers across Europe. They often ignore their rights in case of delay or cancellation of flights. If you are flying to or from Spain soon, here you have some tips that might be useful in this situation. When can you claim for a compensation? Airlines are supposed […]
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