Foreign Investors Lead the Spanish Housing Market
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.
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.
The 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.
The 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’ …
According 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 …
The 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.
Eurojuris International is the leading network of law firms in Europe, covering 650 different cities/locations in 17 countries. Each country has a national Eurojuris association which selects as members medium-sized …
You can also see: How to acquire real estate in Italy, England, Spain, Liechtenstein and Austria. The purchase and/or leasing of real property in the United States is governed by …
You can also see: How to acquire real estate in Italy, the United States, Spain, Liechtenstein and Austria. Terminology for new buyers Exchange of contracts This is the point in …