We receive numerous inquiries regarding the type and amount of compensation that can be claimed in Spain after a road traffic accident, a fall in a shop or office, a stumble in the street due to a pavement in poor condition etc. This is what is known as PERSONAL INJURY. This is a matter of […]
House SWAP between countries, Spain UK Germany Holland, etc
Can I exchange my property in Spain for a property in another country, and if so what are the tax implications in each country? This transaction is known in Spain as a permuta and is becoming increasingly common due to the difficult housing market in the whole of Europe. We will concentrate on explaining how […]
DACION EN PAGO: handing back the keys and the property to the bank in settlement of the mortgage loan.
Dear Sirs. We are a British couple and we purchased a property in Oliva (between Alicante and Valencia) 5 years ago. The exchange rate together with the economic crisis that affects both the UK and Spain mean that we can no longer afford the mortgage. The Spanish bank is not prepared to accept the house […]