Aside from the responsibility of the taxable person (landlord) with regard to the Administration, and the more or less logical justification that could support the payment of expenses and fees related to leasing in Spain (community, supplies, waste), in Spain there is a principle of freedom to establish which taxes and expenses must be passed on to the tenant.
Author Archive for: Real Estate
About Real Estate
Mariscal & Abogados has extensive experience in the area of real estate and urban planning law in Spain: preparation and drafting of building contracts, due diligence, reports on real estate assets, processing of authorisations and urban planning licences, etc. If you have a query, do not hesitate to Contact us.
Entries by Real Estate
The Spanish real estate market has begun their 2016 recovery and growth perspectives, which are promising so far. E: The real estate market is making progress and it is the right time to buy property in Spain. Prices are low, perspectives are positive and the market is dynamic. It is a prime time for individuals outside of Spain to invest in properties. However, it is important to understand the buying process in Spain to avoid complications.
The real estate sector in Spain is recovering, and looks promising. Nevertheless we must consider the risks and steps involved in purchasing real estate and understand how to conduct a safe transaction.
Law 2/2015 replaces the method of updating the rent of urban leases in Spain, the IPC, with the Warranty Competitiveness Index (IGC). This modification has affected various articles of the Urban Leasing Act in Spain.
Real estate is an interesting possibility to invest in Spain due to the drop on property prices; it is nevertheless advisable to consult a qualified legal adviser to guarantee your investment.
On 1 April 2015, new legislation came into force in Spain requiring landlords and tenants to write down revisions to the rent. If not specified otherwise, the new Competitiveness Warranty Index (IGC) will replace the current CPI index as the default revision.
More and more non-resident foreign nationals, attracted by the good economic climate, decide to buy a property in Spain. The drop in real estate prices has increased the number of investors.
Spain is one of the countries with the largest economic growth in the short run. Its strong economic sectors and increasingly strong international focus places this country as one of the leading countries for the development of investment and internationalisation.
More than one reason makes Spain one of the most strategic countries to invest in Europe: fiscal incentives, second most spoken language in the world, unique real estate opportunities. This presentation shows investors the key points and advantages.
These simple steps will permit the secure purchase of a property in Spain: verify the ownership of the property, sign a contract with a reserve, protect your purchase by public writing and pay the correspondent taxes depending on whether you’re buying a new property or are acquiring a second-hand one.