In Spain there is no legal obligation to register property at the Land Registry. However, the failure to do so and for the registry to accurately reflect the size and description of the property can have serious and sometimes unforeseen … Continued
The acronym AFO – Asimilado Fuera de ordenación – has become a talking point amongst rural property owners and buyers in many areas of Spain. This is because many regions have brought in regulations governing properties built in rural areas … Continued
As a result of recent inheritance tax changes Andalucia is now one of the most attractive places in Europe to buy property. Not only due to its wonderful climate, culture and beaches but also to a very favourable inheritance tax … Continued
With experienced lawyers working in all areas of litigation we thought it would be helpful to look at the presentation of valid evidence in court proceedings. This can make all the difference in obtaining a decision in your favour in … Continued
In Spain it is possible to obtain court injunctions where there is evidence that a neighbour is building on part of your property or building without a licence and the construction affects your property rights. For example, if you live … Continued
All of these things are important in ensuring you can enjoy your Spanish property and be able to sell or pass the property to your heirs in future. This list is not exhaustive, however, and each case is different particularly … Continued
It is now eight months since the government introduced legislation to deal with claims against banks for maintaining interest rates above Euribor by including floor clauses in mortgages. The aim of the system was to prevent a high number of … Continued
We are pleased to say that one year since this legislation came into effect many of our clients are now receiving registration numbers issued by the Junta de Andalucia for Holiday Rental properties. The registration document provides a VFT number … Continued
In English law there is no such thing as a “common law marriage”. In fact the situation for co-habiting couples is causing increasing concern as more than 35% of couples who live together and share property believe they have legal … Continued
SPANISH MORTGAGE CLAIMS : Following a judgment of the European Court of Justice on 21st December 2016 you may be able to claim compensation from your bank if you have a mortgage containing a “floor clause” which has been held … Continued
A decision of the Malaga administrative courts may have set a precedent for thousands of vendors in Andalucia who sold their properties for less than the purchase price. The local Town Hall tax – plusvalía – has been charged on … Continued
Income earned on the rental of holiday properties in Spain has to be declared to Hacienda, the tax authority. The rate is now 19% but importantly there are a number of expenses that can be set off against the income. These … Continued
