Property Guides and Information for the Costa del Sol, Spain

Hello and welcome, I live in Spain and I think the Costa del Sol is a wonderful place to own property as a second home or retire to. If you are interested in property in Spain this weblog provides a guide for all the information on questions you may have about Spanish tax, law, mortgage and finance as well as explaining the steps you should take while buying your dream property.

Click on any of the categories in the right hand column to research a topic you are interested in NOW and the guides will appear as titles below.

The Spanish System of Inheritance Law

The Spanish inheritance law is similar to the French system where the emphasis is to protect the rights of the deceased’s direct descendents. If you already own, or are seeking to own, a property in Spain, take the time to speak to a lawyer and a qualified financial advisor. This will help you ensure that your assets are in order, and the correct provisions have been made so that your inheritor(s) pass through the process of probate easily.











Inheritance law on Property in Spain Guides and information

April 21, 2006 | Read more... | Category: Spanish Property Law

Buying an Off-Plan Property from a Developer: How the Law Protects you

When thinking about purchasing a property off-plan it worth understanding that Spanish law has several good provisions that protect you. Your lawyer will advise you accordingly but for your general reference here are the following acts and provisions that have been created to protect your interests.

April 20, 2006 | Read more... | Category: Spanish Property Law

The Importance of Using a Spanish Lawyer

Once we have helped you to find the property you are looking for the next steps are to reserve it and commission your lawyer to start the background checks. A lawyer’s services are very important for your protection and their counsel will help clarify the more complicated aspects of Spanish property law. This guide has been written to explain the services your lawyer will provide prior to your purchase.

April 19, 2006 | Read more... | Category: Spanish Property Law

Buying a Property from a Developer: The Relevant Consumer Laws

Ben Johnson / Bright

keywords:spain, off plan, law, developer, property, purchase, new, build.

Learn about your rights when you purchase a property from a developer.

Ben Johnson / Bright
The following statutory regulations govern the standard purchase/sale:

1. General requirements as per the Consumer’s protection Act 1984. (Ley 26/1984 de 19 de Julio General para la defensa de los Consumidores y Usuarios)
2. General requirements as per the General Contractual Conditions Act 1998. (Ley 7/1998, de 13 de Abril, sobre Condiciones Generales de la Contratación).
3. Specific requirements of the Royal Decree 515/1989.
4. Spain’s Building Act, Articles 19 & 20
5. Miscellaneous requirements as per other laws.

Download this Exclusive Report

May 20, 2005 | Read more... | Category: Spanish Property Law

What are Bank Guarantees and how do they work?

Ben Johnson / Bright

keywords: spain, off plan, protection, bank, guarantee, insurance, property.

When thinking about purchasing a property off plan it's worth understanding that Spanish law has several good provisions that protect you as the consumer. In this article I want to focus on the most important protection available: bank guarantees or insurance policies that protect your deposit (normally held in an escrow account) while your property is being built.

Download this Exclusive Report

May 20, 2005 | Read more... | Category: Spanish Property Law

The Spanish System of Inheritance Law

An overview of inheritance law in Spain and how it differs from the UK.

Ben Johnson / Bright

The Spanish inheritance law is similar to the Napoleonic inheritance laws in France, with the emphasis on protecting the rights of the deceased’s direct descendents. The legal system and the way the taxes are calculated are very different from the British system. If you already own or are seeking to own a property in Spain, take the time to speak to a lawyer and a qualified financial advisor. This ensures that your assets will be in order, and the correct provisions have been made so that your inheritor(s) pass through the process of probate easily.

Download this Exclusive Report

May 20, 2005 | Read more... | Category: Spanish Property Law

The Benefits of Having Spanish Residence

The benefits of having Spanish Residence

Ben Johnson / Bright

Even if you think it is beneficial for you to stay "tourist" for fiscal reasons, you may become a fiscal resident if you stay in Spain for more than 183 days per calendar year. The fiscal year of Spain runs concurrent with the calendar year. The 183 days are computed as a total, so it does not matter if your total stay has been made up of several smaller periods. This is spelled out both in the Spanish fiscal laws, as well as in the Tax Treaties signed between Spain and a number of other countries including Britain.

Download this Exclusive Report

May 20, 2005 | Read more... | Category: Spanish Property Law

All of the information was researched at the time of writing and publishing these articles and is to our best knowledge correct and up to date. Bright is not responsible for changes that occur through updates in Spanish legislature. Bright is also not responsible for any errors in any of the literature or advice published on this site.