Larraín Nesbitt Abogados

Pixabay

Gazundering and gazumping: are they legal in Spain?

We frequently get asked by our foreign clients if gazundering and gazumping are both allowed in Spain. In this short blog post we’ll address both. Gazundering This is typically a strategy to lower the sales price moments before completing on a property before a notary.
Photo by Álvaro Serrano on Unsplash

7 benefits of making a Spanish will

Although it is perfectly legal to include your Spanish assets in a will made in your home country, we strongly advise against it. For all those non-residents who own assets in Spain, i.e.
Photo by Zach Rowlandson on Unsplash

5 reasons to invest in Spanish real estate

1. Store of value. In times of political instability, which lead to stock markets in upheaval, gold and real estate have traditionally been a safe haven where the affluent plough their money to weather off the storm. 2. Security.
Photo by Erik Mclean on Unsplash

10 tips on leasing commercial property in Spain

1. Are you dealing with the owner or a legally empowered proxy? Nothing worse than making a huge down payment upfront only to realise you have been duped out of your money leasing from someone who was not the owner.
Photo by Micheile Henderson on Unsplash

Lifetime loans in Spain explained

In these challenging financial times, a lifetime loan (LTL) is a life jacket that offers a financial opportunity that not many borrowers are aware of. It is a type of loan available only to resident senior citizens.
Gtres

Renting: be wary of signing ‘reservation’ contracts

Last week I had to deal with a case in Barcelona that is a prime example of why you should be wary of signing reservation contracts on renting in Spain. With the excuse the property was in a highly sought-after location, and someone else could snag it, the tenant was forced to pay a non-refundable
Gtres

Top 10 mistakes on renting in Spain

Tenant’s top five A verbal contract is better than a written one. No, not really. Although verbal contracts in Spain are equally valid to written ones, the problem lies when there is a disagreement. It is very difficult to prove what was actually agreed in a verbal contract i.e.