Tag Archive

Notary Blues

By Hugh MacArthur

It stands to reason that if nobody is buying, selling or building properties, public notaries are not taking much in the fees area, are they. »

Non-resident Tax on Unmovable Property

By Maria Teresa Velasco

Non Residents in Spain owning a property in Spain are like in most countries subject to taxes. In most cases the taxes related to a property that a non-resident will have to pay are less than what a resident would pay. Here is brief outline of what non-residents are expected to pay. »

Fighting Unjust Demolition

By Marianne Lindahl

They are innocent people who have bought their Spanish property in good faith, with all the correct documentation, having invested their life savings into their dream homes. Most of them are elderly. »

Defects in a Newly Purchased Property

By Maria Teresa Velasco

It’s not uncommon that after purchasing a property, a new buyer finds concealed defects that seriously affect the value or the usage of the property. For example this could be a leaking swimming pool or more serious, a structural problem which compromises the stability of the building. »

Spanish Mortgage Law Update

By Maria Teresa Velasco

On March 14th 2013, the Luxembourg Court of Justice of the European Union ruled against the present Spanish mortgage laws and will force Spain to adapt the present legislation governing evictions and foreclosures to EU directives. »

Dream Home Becomes Nightmare

By Martin Myall

Two men have been sentenced to 1-year's imprisonment for selling a property that was simply not theirs to sell. »

House Insurance

By Maria Teresa Velasco

In Spain the relationship between the insurance company and the insured is regulated by Law 8/1980 of the 8th October on insurance contracts. When purchasing house insurance, there are several concepts that the buyer needs to keep in mind before choosing the most appropriate policy. »

The Real Estate Agency, Nerja

By David Darby

Part of Swedbank Fastighetsbyrån, Sweden’s largest real estate chain, The Real Estate Agency has had two successful years in Spain with steady growth. »

Changes in Transfer Tax and Stamp Duty for 2012 in Andalucía

By Maria Teresa Velasco

On 1st January 2012 the Junta de Andalucía introduced several changes on how taxes under the jurisdiction of the autonomous region will be calculated. More specifically transfer tax and stamp duty (in Spanish “Impuesto sobre Transmisiones Patrimoniales y Actos Jurídicos Documentados”) have been overall increased. Transfer tax and Stamp duty are regulated by the Royal... »

The Return of Patrimonial Tax

By Maria Teresa Velasco

Last September the Spanish government passed a new decree related to a temporary patrimonial tax for the fiscal year 2011/2012. Law 13/2011 of the 16th September was justified by the economical crisis and the need for the government to compensate the increasing deficit. According to the law this tax will be temporary... »

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