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 […]
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 […]
The Spanish real estate sector begins to show signs of recovery, mainly thanks to foreign investments. According to various sources, these foreign investments will reactivate the real estate sector in the years to come. The momentum with which foreign investments are contributing to the Spanish real estate market adds up the generous amount of 1,116 […]
In the first few days of September, the investment company Morgan Stanley upgraded its growth outlook for Spain. The company recently launched its last report, Viva España, which outlines recommendations and places for investment. Spain comes in first place, ahead of Italy and Germany. The report emphasizes these main points in favor of Spain as […]
According to a report from Euroval, a Spanish appraisal firm, Barcelona and San Sebastian registered a higher value of apartments during the first half of 2013. Huelva and Lleida registered lower prices. The biggest range in prices of apartments was in Madrid: between 62 and 198 thousand euros.
The article discusses the main steps in the process of acquiring property in Spain and how to apply for a residence visa based on the acquisition. The initial residence permit can be renewed for another set of 2 years by presenting the corresponding documents before the Large Companies Unit of the Spanish Ministry of Employment and Social Security.
Registration in the Spanish Registration system generally has a declarative character, but in some cases it might be of incorporation character and thus obligatory in order to provide protection. Once a proper registration has been carried out, it produces several favorable effects according to principles of legality, specialty and Chain of Title.
In the second half of 2013, one in every six homes in Spain was bought by a foreign national purchaser. The favorite cities for foreigner investors are Alicante, Malaga, Barcelona and Tenerife.
A high number of foreign investments in Spain were recorded during the first half of 2013 and it is further expected to increase. Favorable factors for the increase are considered to be the drop in prices of property in Spain and the assistance to foreign investors provided in the draft of the Law to Support Entrepreneurs and Internationalization.
Law 4/2013, of 4 June 2013 provides more freedom in drafting rental contracts, their elements and clauses.