SPANIARDS INCREASE THE PURCHASE OF NEW BUILT PROPERTIES
(English versión translated from the original in Spanish at El Pais ) These days the buyers of one of the promotions of flats under construction on Maricara Street, in the neighbourhood of Butarque (Madrid), have an important appointment. Perhaps the most important of the last 24 months is worth entering for the first time in […]
BUYING PROPERTIES IN CATRAL, DOLORES, CREVILLENTE AND REDOVAN
This is a small guide about the type of properties in VEGA BAJA. An area whcih covers properties placed in Ciudad Quesada, Algorfa, Benijofar, Catral, Almoradí, Benferri, Rojales, Benejuzar, La Marina, Ciudad Quesada, Guardamar, Orihuela, Redován, Callosa, Crevillente, considering the main legal aspects for conveyance, made by our lawyers. If you are interested to buy […]
BUYING A HOUSE IN SPAIN WITH MORTGAGE? – NEW REGULATIONS – ASK FOR A POA TO YOUR LAWYER
For many years now we have been experiencing a series of legislative reforms, and essential changes in the way in which the process of obtaining mortgages in Spain has been developing historically. Spanish banks have been subjected to great stress when it comes to legally confirming the positions and conditions in which they have been […]
LIMITATIONS IN THE USE OF URBAN PROPERTIES – PURCHASE OF CONSOLIDATED AND NOT CONSOLIDATED LAND
In previous reports, we were explaining the differences between URBAN LAND and RUSTIC LAND. In relation to URBAN LAND, we were explaining that this is a land in which it is authorized to build with determinate specifications contained in the “Development Plans” of the city or area (Plan General de Ordenación Urbana), or in specific areas […]
UPDATE THE DEEDS- DECLARACION DE OBRA NUEVA
This is a process done in front of a Spanish Notary, who will prepare the deeds of the house over the pre-existing land or plot. To make the D.O.N. for new houses, it will be necessary to obtain the Certificate of Habitation (CH) from the new Spanish Regulations of 2007 (Ley del Suelo de 2007). […]
COSTA BLANCA 2018. RISE OF PROPERTIES TRANSACTIONS. WHAT ABOUT 2019?
Purchases of properties to foreigners increased again in 2018 with respect to the year 2017 in the whole Costa Blanca – Alicante. It has been reached the number of 23,000 sales, representing an increase of 7% compared to 2017. (source: Información – Alicante Newspaper). It seems that the adverse international context, such as the economic […]
HOW DOES THE AGREEMENT ON BREXIT AFFECT THE SITUATION OF BRITISH RETIRED IN SPAIN?
This weekend an agreement has been reached with regard to Brexit, which affects relations between the European Union and the United Kingdom at different points. Regardless of the commercial and financial points of the agreement, we wanted to focus on one of the points that most affect our clients, which is what is going to […]
PURCHASE OF PROPERTIES IN SPAIN. IMPORTANCE OF CONFIRMING MARRIAGE STATUS
If you buy a property in Spain, being married in some countries such as France, Belgium, Italy, Germany, Sweden, Canada, the United States, Latin America, etc., it is important to confirm the marriage status and the marriage system. Normally, there are two marriage systems: COMMUNITY OF ASSETS: France, Germany, Belgium, Netherlands, Sweden, Switzerland, Denmark, Norway, […]
HOLIDAY RENTALS. VALENCIA REGION. REGISTRATION PROCESS AND TAXES
Usually, there are 3 ways to rent a property: Short term rentals: This type of rent is for tourists who wish to use the property for tourism/holiday. This type of rentals must be registered in a special registry in Valencia, and one of the requirements is the certificate of habitation. Short term of stay: less […]
HOW TO SET UP B&B – CAMPING – HOTEL IN RUSTIC LAND AREAS
Rural land is the one in which only farming, forest and nature activity may be developed. So, purely, touristic activity is not approved. So, when a Casa Rural, or B&B, or Camping is projected in this land it is required to get the special approval at the local and regional administration where specifically allow to […]