Government measures to curb the housing crisis • President Sanchez announced a package of measures to combat rising housing prices, focused on incentivizing affordable rent and limiting speculation. • An exemption of 100% of personal income tax is proposed for … Continued
Vera Liprandi, Partner at our Tenerife office writes that the Spanish Government has approved a Royal Decree that creates a registry for short-term rentals and a one-stop digital service for leases that comes into force today, 2nd January 2025, but … Continued
As a law firm serving the international community in Spain, we are often approached by ‘heir-hunters’ or companies who specialise in tracing lost relatives. Over the last 30 or more years of immigration, residence and property purchase by British nationals … Continued
If you are a joint owner with your spouse, civil partner or with a friend it is important to consider the obligations and tax implications if you sell or inherit half of the property. Equally, some married couples or partners … Continued
In May De Cotta Law attended A Place In The Sun’s property exhibition at the ExCeL London. We answered many questions from property buyers and investors on all the legal issues arising from purchase, sale and rental of properties in … Continued
Since I joined De Cotta Law in 2021, I have spoken to lots of clients about the ‘90 in 180 day rule’. Many Brits claim that this is unduly restrictive, with some of them even deciding to sell their second … Continued
The regional government of Andalucia has just approved a Decree removing Wealth tax which was payable by those individuals with assets of 700.000€ (non-residents for Spanish assets) or 1.000.000€ for residents on their worldwide estate. This would be attractive to … Continued
Making the property market even more interesting in Spain is a major change to the local taxes normally payable by vendors or inheritors of property – the plus valia – or local capital gains improvement tax. The varying rates charged … Continued
The Royal Decree-Law 35/2020 has established the possibility for small and medium-sized enterprises and self-employed workers in Spain to request a rent deferral or a 50% rent reduction before 31/01/2021, if no agreement has been reached between the parties and … Continued
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
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
With construction commencing again and prices rising in most areas of Spain many people are buying property off plan. This can be a very good way to purchase with payment in instalments until the construction is completed. Buying in this … Continued
