Housing Price Evolution in SpainAccording 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.Read more
Application for Residence Visa by Acquiring PropertyThe 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.Read more
The Spanish Registration SystemRegistration 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.Read more
Foreign Investors Lead the Spanish Housing MarketIn 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.Read more
Foreign Investment in Spain continues to increaseA 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.Read more
Spain adopts measures to ease and promote the rental housing marketLaw 4/2013, of 4 June 2013 provides more freedom in drafting rental contracts, their elements and clauses.Read more
Buying and Selling Homes in SpainThe article discusses the purchase of real estate in Spain by foreigners, providing statistics about the nationality of the buyers, the purposes of their purchases, top locations and an evaluation of the economic effects of these purchases.Read more
Further steps for the investment for residence in SpainThe Spanish President Mariano Rajoy, met with a group of entrepreneurs and small business owners in Moncloa, Madrid to present them with some general information concerning the Law of Entrepreneurs’ …Read more
Investment opportunity for foreigners in SpainAccording to the official estimate of the Ministry of Development, in the current struggling housing market, there are between 680,000 and 900,000 unsold new houses in Spain. Last year 361,831 …Read more
Steps when buying a property in SpainThe great variety of landscapes, excellent weather conditions, captivating history, delicious gastronomic offer and enthusiastic inhabits push more and more foreign citizens to not only spend their summer but furthermore buying a property in Spain. It is always advisable to rely on experienced Spanish lawyers to guarantee the success of the purchase.Read more
