This article looks at the latest update relating to the regularization of illegal properties in Andalucía The real estate boom together with the increasing price of a property in the years prior to the recession in coastal areas in Andalucía, gave rise to a high demand of properties in the countryside. A lot of them [...]
On Monday 17th June 2019, a new Mortgage Act (Law 5/2019 of 15th of March) came into force in Spain With the introduction of the new mortgage act, it has raised a few questions, this article aims to address most questions people may have in relation to the change. 1) To which mortgage loans is [...]
Government moves fast to force Banks to pay mortgage tax after tax ruling A most unusual event has happened by the Government; a Royal decree has been passed after the Supreme Court said the client should pay the tax. The government has responded fast after the Supreme Court controversially ruled this month that customers must [...]
This article is aimed to give you tips on buying a property in Spain, so helping you to avoid the possible pitfalls. Preliminary Steps for buying a property in Spain Once you have found your ideal property a small reservation fee will be required in the region of 1.000 to 6.000 Euros, which is given to the Real Estate Agent [...]