Opportunity to buy in Spain: Bank repossessions

Opportunity to buy in Spain: Bank repossessions

The negative effects of the financial crisis on Spanish society are well known, with the high number of bank
repossessions being the most widely publicised side-effect. Whilst this has created a social problem, it has also given way to a huge opportunity for property buyers and investors in Spain thanks to the incredibly low prices these repossessed properties are being offered at, with an estimated increase of 15% in property sales for this year.

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Changes to the regulation of holiday rentals in Andalucia: Owners’ new obligations

Changes to the regulation of holiday rentals in Andalucia: Owners’ new obligations

As you may already be aware, Spain’s Law of Urban Rentals (Ley de Arrendamientos Urbanos) was reformed in June 2013. Included in that reform was a key decision to transfer from the central government, to the autonomous regions of Spain, the responsibility of regulating holiday rentals agreements (holiday rentals are considered to be those which are of a period of two months or less). (suite…)

Living and working in Spain

Living and working in Spain

As we all know, citizens of EU and EEA member states are allowed free movement throughout the Spanish territory. This is in theory. In reality, since 11th July 2012, the conditions for residence in Spain for more than 3 months have become much stricter. (suite…)