Following the setback of the Supreme Court ruling that annulled the model established to control tourist rental income, the Ministry of Finance is now finalizing a new system. It intends to introduce a new obligatory information declaration for all persons, entities and collaborative platforms such as Airbnb related to tourist rentals, through the Tobin Tax […]
The government has decided to extend the package of social measures it has already decreed in the midst of the coronavirus scare. These include extending the deadlines for applying for a moratorium on the payment of mortgages and rent to large landowners until the end of September. In addition, rental contracts that have expired during […]
Spain is divided into 17 regions that, in their own way, encapsulate the rich diversity of the nation and its people. If the focus were to be on one region that brought all that diversity together in a universal microcosm of Spain, it would be Andalusia. Stretching from the modern Mediterranean coast to the rustic […]
The Governing Council has approved an Andalusian Programme of Preparatory Measures for the United Kingdom’s withdrawal from the European Union, which includes 112 preparedness and contingency measures in order to minimise the effects and consequences of Brexit, especially in the Campo de Gibraltar. On 12 March 2019, the Governing Council agreed to formulate the aforementioned […]
The market for second homes in Spain continues to grow this summer with a notable increase in both local and foreign demand. In this sense, 70% of second homes in Spain are located in coastal areas, both on the peninsular coast and in the archipelagos of the Balearic and Canary Islands. The areas of greatest […]
Commission gives two months for foreign owners to also benefit from 60% deduction on personal income tax The European Commission announced on Thursday the opening of an infringement procedure against Spain for considering that it gives “discriminatory tax treatment” to foreigners who rent their homes. Brussels has so far sent a letter to the government […]
Mortgages have once again become the star product of banks. With a property market in full growth, and a climate of pseudo euphoria, the financial sector has wanted to bring the water to their mill and improve their offers. Since 2011, in the midst of the crisis, the new owners who needed mortgages, given the […]
