Tag: Spanish law
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Catalonia to boost legal confidence in real estate
The Catalan Regional Government announced yesterday a new initiative to improve legal confidence in real estate. The initiative is mainly thought for foreigners who may buy properties in the coast. Although the specific measures have not been decided yet, it is important to improve protection to avoid the legal problems…
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When will there be any good news?
Well, it appears that Santander has changed its mind and will not be selling its portfolio of properties for a discounted price as it was unable to find suitable buyers. It appears that some of the offers were made by foreign investors who were pushing for discounts of up to 60% on the properties.…
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Here we go again
I am a usual reader of the news bulletin from Idealista.com. I like it because it comes every Friday with a summary of the most relevants news in respect of the property market. The interesting thing about this news bulletin is that it does not have any alliances and you can easily…
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Wills, wills, wills…
As one of the few Spanish lawyers living and practising in this country, I often come across international probate matters where the deceased had assets both in Spain and in the UK. In certain occasions, the deceased is a Spanish national who moved to the UK for work and ended up owning assets in this…
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The Neverending story
That’s it! I had enough of it this week. My colleague and I have been dealing with something that should be so simple but in the end can become a real nightmare. I am talking about changing the name in the utilities. The change of name should be something simple, something like “hello I am…
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Judge awards compensation to a purchaser of an off plan property
I have read in the Spanish press an interesting article that may bring some hope to those who have purchased a property off plan in Spain and found that the property was not entirely what they were promised. The Judge in charge of Court number 2 in Bilbao has issued a Judgment against a developer…
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Struggling Britons seek ways to offload Spanish holiday homes
Higher mortgage interest rates in the Eurozone, a fall in the value of the pound and the effects of the recession mean that many Britons who have bought holiday homes in Spain are now struggling to meet their monthly repayments. Our firm has seen a rise in the number of people seeking help to renegotiate…