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In November 2021, and following the decision of the Constitutional Court to declare null and void the way the capital gains tax was calculated, the Spanish Government approved a new rule for calculating the capital gains tax.
The Supreme Court has determined that any owner of a flat or premises can make use of it in the manner it deems appropriate. It may do so unless the change of use is expressly prohibited by the horizontal property regime, or by the statutory regulation of the community of neighbors.
The payment of fees and fines is a process that will now be much easier to perform. The reason? Hacienda will accept payments with credit cards by private parties. This innovation is due to the modification of several provisions prepared by the Ministry of Economy, reflected in the order PRE / 1064/2016 dated June 29.
Real estate passenger or bubble? Although much of the real estate sector - developers, banks, experts ... - denies that in Spain are committing the errors of the past and that we are witnessing the creation of a new real estate boom, the truth is that some indicators have begun to to make jump the first alarms, especially those that make reference to the evolution of the prices of the houses. The increases are not only generalized, but in some markets they are especially striking.
Through Law 4/2013 of June 4, measures to increase the flexibility and promotion of the housing rental market, the Law on Urban Leases (LAU) was reformed. It was a very important change in the rent of houses in general and in the leases of houses of tourist use in particular. This type of lease is excluded from application of the LAU by introducing section e) of article 5. Passing therefore this activity to be regulated by the regional regulations in question of tourism and the regulations of their development.
The floor clauses are one of the many abusive clauses that unfortunately we find in our mortgages, but they are not the only ones. There is more! many more!
In the midst of the scandals and crises of the housing clause and mortgage loans for the purchase of housing, the Government has decided to create a new mortgage law that regulates all fronts of financial institutions, mainly in the area of transparency in mortgage and In the pre-contractual information provided to the customer. According to Economy Minister Luis de Guindos, the purpose of this law is to provide greater legal security to the mortgage system and protect the citizen.
Since the 2008 real estate crisis, 400,000 to 600,000 evictions have been estimated. Now, we should not confuse the eviction by default of income or amounts assimilable to it with eviction by precarious.
The "Agreement for a reformist government and progress" have signed today in Congress general secretary of the PSOE, Pedro Sanchez, and the president of Citizens, Albert Rivera also suggests measures that also affect the housing market in Spain. measures against over-indebtedness and evictions, measures to strengthen consumer rights and intends to promote a strong social Park Apartments for Rent is collected. Broadly speaking, these are the main lines of action:
The Supreme Court considers abusive clauses in mortgage contracts 32 BBVA and Banco Popular, after a collective action brought by the OCU. The judgment requires modular, depending on the duration and amount of a mortgage early repayment clauses that empower the bank to request early repayment of the entire loan for non-payment of a portion of any fee. "It allows consumers to avoid its application by diligent conduct repair and possible resolution of the loan by the failure of a single term, even partial," he says.
Is scheduled next month of December this year 2015 the first list of defaulters published with Public Finance, which, according to the wording of the new Article 95a of the General Tax Law, called the list of non-compliance relevant tax obligations.
Spain is gaining popularity among Chinese investors seeking destination for real estate investments. It is the most attractive country in the Mediterranean basin, ahead of Italy. That is clear from a report by the Chinese portal Juwai, collected by his Spanish counterpart Idealista.com.
They are exactly 3,538 HNWIs, with at least 30 million dollars in 2014 Spain had as a residence. Ultra rich or as they say whites, ultra high net worth individuals (UNHWIs), who chose our country to live. Just a thousand set up residence in Madrid or Barcelona. The rest were spread throughout the Spanish geography.
The main news in the housing market in July 2014 was that the volume of residential property sales grew 10.7% compared to July last year, which was the biggest increase since last March. Therefore, for the last five consecutive months sales of properties in Spain they increased, as shown by the official data from the National Statistics Institute (INE).
In August 2014, the average price of resale property in Spain increased by 1%. Prices rise in thirteen autonomous regions and fall into the other three. However, according to data from real estate website Rightmove, compared to last year, prices fell 6.3%. At the same time, the average price of previously owned homes fell by a total of 43.9% from 2007 to the present time.