Many property owners frequently discover that their property registration in the Cadastre contains errors, especially about the property's surface area.
It is very common for an owner to sell a property and receive all or most of the money but not hand it over to the buyer until after a certain amount of time (either because they need time to buy another property with the money obtained from the sale or because the previously purchased property has
Establishing a usufruct for life on a property involves dividing the property's ownership. From that moment on, there will no longer be one absolute owner with all the rights over the property.
The price of luxury housing varies from one city to another. This is proven by a new edition of Knight Frank's 'Prime International Residential Index', which analyses how many prime square metres can be bought with $1 million in a study of 20 cities.
Strolling through Spanish streets and neighbourhoods, you'll come across all sorts of different properties, including dream homes, and in some cases you'll inevitably wonder who has the privilege of living there.
High-end second home co-ownership in tourist destinations is making waves in Denia, Menorca, Ibiza, Menorca and Sotogrande thanks to Vivla, a Spanish prop-tech startup that launched in 2022.
Spain's most recent Royal Decree-Law to alleviate the mortgage burden of more than one million vulnerable families or those at risk of vulnerability due to the rise in the Euribor came into force on 24th November following its publication Spain's Official State Gazette (BOE).
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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.
COVID-19 has brought in its wake a host of nasty effects, both direct and indirectly.
Directly, by infecting and killing hundreds of thousands of vulnerable people the world over, from all ages.
Indirectly, by drastically changing our lifestyles as we struggle to cope and adjust to our new reality
The Spanish government has launched a series of measuress to "save" rental tenants who, due to the loss of income as a result of the COVID-19 outbreak, cannot afford to pay rent. Some rental companies have already begun to apply rent arrears and even waivers for their tenants.
This article is our follow-up to our recent article, Possession: why you should never hand over your house keys before completion – 12th March 2020.
Congratulations, you finally bought a house in Spain and you are all giddy at the thought! It is an exciting moment for a buyer.
If you have managed to find the property you were looking for in Madrid, congratulations. However, keep in mind that the buying process can be frustrating in another country especially if you don't know the market or the specific laws in Spain that apply in this area.