RENTAL OF SPANISH PROPERTY
A number of British and other foreign residents have returned to their home countries to find work or for health or social reasons. Many want to keep their Spanish property rather than selling in a buyer´s market. Although the price of property is recovering renting the Spanish property can bring a steady income which covers […]
Off plan purchase – properties under construction – check First Occupation License
A very recent Supreme Court decision has confirmed previous case law in Spain about developer obligations to off plan purchasers. Unless a contract to purchase a property specifically states otherwise the purchaser has the right to rescind the contract if the developer asks for completion and does not have the License of First Occupation. The […]
The Importance of a First Occupation / Opening Licence for Spanish New Buil
De Cotta Law is a specialist in Spanish property matters and closely follows developments in property law. A recent Supreme Court decision has reinforced the ruling made earlier this year that a purchaser has the right to withdraw from a contract with a developer if the developer fails to provide a First Occupation / Opening […]
Survey Spain celebrates ten-year anniversary
De Cotta Law would like to congratulate local firm Survery Spain on it's 10th Anniversary. Independent law firm, De Cotta Law, works with Survery Spain on behalf of clients primarily for market valuations and building surveys of Spanish properties. Survey Spain carries out valuations for UK courts involved with divorce, inheritance and tax disputes, international […]
Nye regler ved kjøp av eiendom for ikke-europeiske borgere
An article for our Norwegian clients – in Oct edition of Norske Magazine.
HJÆLP TIL BOLIGEJERE I RESTANCE
An article for our Danish clients – in this month's Solkysten Magazine
De Cotta Law’s Gisele van Meer Conveyancing Partner at Second Home Expo
We’re just back from Brussels, where we attended the ‘Second Home International Expo’ with one of our real estate partners, SLG Property. From left to right: Ron de Vries (SLG Property); Gisele van Meer (De Cotta Law); Willem Bruins (SLG Property) As an independent law firm, we are not aligned with any one single real […]
Holiday Home Owners Automatically Debited Taxes & Fines – The Spanish Tax Office is now issuing private bank embargoes for failure to pay non-resident taxes
With Spain’s desire to improve its public accounts deficit, the tax collecting infrastructure has been significantly improved, enabling the tax office to recoup back taxes faster and more efficiently than ever before. This now commonly includes automatic debiting of owed taxes and late payment fines direct from non-resident bank accounts in Spain. As a holiday […]
New hope for Brits trying to recover property deposits
When the housing bubble in Spain burst a few years ago, many international investors were left significantly out of pocket. These were large institutional investors, these were Northern Europeans, regular working people, that had invested life savings into buying their dream homes, off plan in Spain Whens some ofthese homes were never finished, as developers […]
Spain’s New Mortgage Law – Helping home owners in arrears
The economic crisis has hit Spain particularly hard and the subsequent high unemployment and economic hardship in this country has led to record levels of mortgage arrears and evictions. The recent Law 1/2013 of May 14, for mortgage holders, is intended to respond to the growing demand to help home owners that are encountering issues […]
Legalisation of rural properties in Coin, Malaga, Andalusia by De Cotta Law
The Coin Town Hall has initiated a plan that if approved would regularize up to 90% of properties on non-urban land.
EU Court rules that Spanish mortgage law is incompatible with European Law
In today’s ‘El Pais’ newspaper, the national Spanish periodical, the front page story is that the EU Court in Luxembourg considers present Spanish mortgage law to be incompatible with European Law as it prevents Judges from protecting home owners from evictions. The report goes on to say that the Spanish legislation is contrary to a […]