Ask a Lawyer – As a non-resident property owner do I have to pay income tax in Spain?

I am paying taxes in UK where I am resident, I also pay the local rates for my Spanish house and I have been told that I must pay Income Tax in Spain; Is this correct? Should I pay Income Tax in Spain even if I am not a resident in Spain and do not [...]

Spanish property market at an impasse says expert

What does the immediate future hold for the Spanish property market? Stagnation or another lurch downwards, according to one industry leader.

Bank of Spain enrages consumer groups with support for mortgage rate “floors”

Spanish consumer groups yesterday turned on the Bank of Spain (BoS) for defending mortgage lenders who use “floors” to deny borrowers the full benefit of lower base rates. The outcry follows a new report from the BoS arguing that that the use of floors, which are often buried in the small print, is not unfair.

Third home demolition order set aside in Albox

AUAN Press release – 19th May 2010 John and Muriel Burns confirmed today that the demolition order on their home has been set aside and their case will now be retried. This at least gives them some hope for a good outcome in the future.

Spanish housing glut up 12% in 2009

The glut of newly built homes languishing on the market in search of a buyer rose by 12% to 688,044 in 2009, according to a new report on Spain’s housing overhang by the Ministry of Housing. Taking into account 300,000 unsold new homes still under construction and close to completion, the glut rises to around [...]

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