A NEW Law 5/2019 of March 15 actually came into force on June 16 and as it is more commonly known, the Mortgage Law is a regulator of real estate credit contracts. This new law has introduced important new elements which will apply when you approach a bank for a mortgage loan. Amongst these changes, […]
Investors. Purchase of multiple properties off plan. Can the money lost be recovered? Law 57/1968
WE have received a number of enquiries from clients (many of them expatriates) who purchased real estate properties in Spain off plan and who lost all of their money because the developer never built them. As we have stated in a number of previous articles, these buyers can recover their money and deposits paid either […]
Sale and purchase of real estate properties though a company structure. Tax Fraud?
IN the past, many people when they wanted to buy or sell a property in Spain, considered the possibility of creating a corporate structure abroad to which the property would be allocated or invested. They did this in order to avoid paying certain taxes in Spain, such as the Transfer Tax, the Capital Gains Taxes, […]