Entries by Real Estate

A Single Market for Mortgage Loans for Real Estate Contracts

On January 28, 2014, a majority of the members of the Council of the European Union adopted a Directive to grant more protection to persons participating in mortgage-loan proceedings. The Directive applies to all loan contracts of real estate for residential purposes. The Directive is novel in the panorama of European regulation because it is […]

Withdrawal of the lease agreement in Spain

The approval of the 4/2013 Act of June 4, on the relaxation and promotion of the housing rental market measures, amended Article 11 of the Urban Lease Act. According to the new draft, a lessee can withdraw from a lease agreement agreed to after the approval of the 4/2013 Act of June 4 once six […]

Recovery of the Investment in the Real Estate in Spain

Favourable conditions to invest in the real estate market in Spain are the strategy to promote foreign investment. The Spanish Government encourages foreign executives to reside in Spain, which has resulted in an increase of investments in non-residential property in Spain.In 2013, this increase in investments reached 2,000 million Euros.

Property purchase in Spain, an option for the spanish residence permit

Thanks to the new Spanish Internationalization and Entrepreneur Support Act 14/2013,, foreign investors and their family members may obtain a specific residence permit, which allows them to work and live in Spain. Foreign investors are mostly interested in purchasing real estate properties due to the current favourable conditions for this type of investment.

The role of the notary public during the purchasing of Real Estate in Spain

The notary plays an important role in the purchasing of real estate property in Spain. The notary deed has access to the Land Registry, which grants legal protection to the owner of the property against third parties. Moreover, the notary validates the legal capacities and identities of the parties, which is another legal protection that the Spanish legal system provides.

Perspectives on Spanish investment in 2014

Spain provides excellent investment opportunities in 2014, especially in the real estate sector. The growth in Gross Domestic Product and improvement in the labour market seem to point towards the end of the crisis and bring more opportunities for profitable investment in Spain.

The Urban Renting Act Reform in Spain

On May 23, 2013, the Spanish Government approved the 4/2013 Reform Act on the Urban Renting System, which partially amended the 29/1994 Act. It aims to correct the weakness of the current Spanish market for renting by promoting rentals given the low rate compared to the large number of unoccupied location units. This new regulation […]

Analysis of the Demand for Real Estate in Spain

Since the beginning of the economic crisis, numerous investors have found excellent opportunities to increase their wealth in simple ways.  Clear examples of this are in cities like Dubai or Hong Kong where real estate prices have grown to 63% and 81% respectively since 2009.  The increase in demand in these investment activities has led […]

Which are the Best Cities in Spain for Real Estate Investment?

The Spanish real estate sector presents a unique opportunity for investors worldwide.  The loss in purchasing power of Spanish citizens, owed to the difficulties in access to credit, allows foreign nationals to benefit from the advantages that the sector offers (including decline in prices up to 40% in some areas).  At the end of the […]