Blog on Spanish law

Tag: Spanish law

  • DEATH, BANK STATEMENTS AND TAXES IN SPAIN

    When the Spanish estate is not only made of properties            When inheriting assets in Spain, the first thing that comes to mind is property but the truth is that assets also involve bank accounts, shares and other type of properties such as a car or even a boat. We have…

  • First use license and habitation certificate. Tomatoe, tomato. Are they the same thing?

                  There are two documents which are essential before moving into a house in Spain. They are called first use license (“licencia de primera ocupación”) and habitation certificate (“cédula de habitabilidad”). These two documents sometimes have their own validity and in other occasions complement each other. It is difficult…

  • What is a “cedula hipotecaria”?

    You may have heard about the “cedulas hipotecarias” or covered bonds. A “Covered Bond” is a financial product guaranteed by the whole mortgage portfolio of the bank itself with an interest linked to it. This is a safe product in a normal economic climate and it could be quite profitable (in fact, during the property…

  • Fire in the Costa del Sol- How do I claim for losses and damages?

    You may have heard about the terrible fire that affected the Costa del Sol last week. The fire started on August 30th at 7 pm somewhere between Coin and Mijas (Barranco Blanco area) and it spread towards other towns such as Marbella, Ojen, Monda.  The fire stretched out with a length of over 30 km among five municipalities: Alhaurín el…

  • What can be bought these days for less than 150,000 Euro?

        This is a question that I have asked myself in several occasions. I am obviously talking about Spain, the main subject of this blog. Some experts state that the market is full of bargains. Lets see if it is true. 150,000 Euro is a relevant amount of money. This amount can buy you…

  • Attention please! Spanish Consular Services- Part II

    This week I wrote a post explaining the counties that belong to the jurisdiction of the Spanish Consulate in Edinburgh. Somehow, the blog does not show the entire list so I now take the opportunity to provide the list in a more direct format. To summarise what I was saying in my previous post, the…

  • 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…

  • 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.…

  • 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…

  • 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…