Investments in real estate funds in Spain are currently attractive due to low interest rates. For individual investors, there exists the advantage of being able to invest in real estate funds in larger projects such as shopping malls or office complexes. There is a distinction between open and closed real estate funds.
The Spanish real estate market has begun their 2016 recovery and growth perspectives, which are promising so far. E: The real estate market is making progress and it is the right time to buy property in Spain. Prices are low, perspectives are positive and the market is dynamic. It is a prime time for individuals outside of Spain to invest in properties. However, it is important to understand the buying process in Spain to avoid complications.
The real estate sector in Spain is recovering, and looks promising. Nevertheless we must consider the risks and steps involved in purchasing real estate and understand how to conduct a safe transaction.
In 2015, large real estate investment firms tripled their profits compared to the former year. Their profitability through dividends and the recovery of the real estate sector in Spain predict new profits once again this year for these investment vehicles in real estate assets for rent.
Real estate is an interesting possibility to invest in Spain due to the drop on property prices; it is nevertheless advisable to consult a qualified legal adviser to guarantee your investment.
On 1 April 2015, new legislation came into force in Spain requiring landlords and tenants to write down revisions to the rent. If not specified otherwise, the new Competitiveness Warranty Index (IGC) will replace the current CPI index as the default revision.
More and more non-resident foreign nationals, attracted by the good economic climate, decide to buy a property in Spain. The drop in real estate prices has increased the number of investors.
Act 14/2013 on Support to Entrepreneurs and Internationalization (the Act) became effective on September 28, 2013. The Act allows foreign investors to live in Spain. Obtaining this residence permit is …
The rate of foreign investment in the Spanish real estate sector has grown by 1,4% in 2013 compared to 2012. Moreover, at the same time, the value of Spanish property decreased by 9,46% from the price recorded in 2012. Spain attracts foreign investors who can obtain legal residence and permission to work within Spanish territory by purchasing the property.
On January 28, 2014, a majority of the members of the Council of the European Union adopted a Directive to grant more protection to persons participating in mortgage loan proceedings. …
© 2024 Mariscal Abogados, S.L.P.
Legal Notice | Privacy Policy | Cookies Policy
