Articles about Finance and Law

The best advice that any Briton can be given, even before he thinks of buying property in Spain, is: ‘recognise, from the start that Spanish land law and its operation is very different from that of the UK’. This may seem an obvious assertion but many of the problems experienced ...
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Hollywood actor Antonio Banderas was reportedly advised that part of his luxury villa in Marbella would be demolished. This has been followed by recent warnings that around a thousand homes on the northern Costa Blanca may be equally at risk. Will this ruling affect you if you are thinking of buying ...
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Looking for a Spanish mortgage? Mortgage Direct offer a professional, straightforward service with no hidden costs. If you require a mortgage in Spain or Spanish mortgage, contact Mortgage Direct.With access to every Spanish mortgage product, Mortgage Direct can offer unique mortgages in Spain, tailored to your specific requirements. They ...
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Every year the Generalitat — Catalonia’s autonomous government— makes a limited number of grants available for reforming older properties. The application deadline for 2008 expired on May 30th, but if you have a property to reform or are thinking of buying one you may qualify for 2009. Which properties are eligible? Legal, registered ...
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There are strict planning and building regulations in Spain and failure to comply can result in a hefty fine or, in extreme cases, your property may be demolished. These regulations do vary in each region and often from one town hall to another, so it is always best to consult ...
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When thinking about buying property in Spain and perhaps eventually retiring there, you should be aware of all the different taxes you will be liable for. Most will be familiar, such as income tax, capital gains and succession (inheritance) tax, although the rates and rules will be different from those ...
Continue reading What Is Spanish Wealth Tax And How Much Will You Have To Pay?

Spanish land grab law is a law that came into force in the Valencia region in 1994. The issue of the Spanish land grab law revolves around three classifications of land – land already urbanised, land suitable for urbanisation and rural land. As in any developing country, Spanish rural land is ...
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On average, the cost of buying a property in Spain will be in the region of 10% to 15% of the purchase price depending on the complexity of the procedure and the area of Spain in which you are buying. The notary – 600 euros – The notary charges ...
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It is common practice for the buyer and seller to confirm the details of the purchase in a private contract, with the buyer putting down a non-refundable deposit of between 5% and 10% of the purchase price. This reserves the property and allows the buyer sufficient time to arrange payment of ...
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Before signing anything there are some important pieces of paper you and your lawyer should have a look at .. The Escritura Publica and Nota Simple The Escritura Publica is the registered title deed of the property. It is entered in the ‘Registro de la Propiedad’, the Property Registry, and is the ...
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