Millions of families across Spain, including a good number of expats, have contracted mortgages with interest rate floor clauses (“cláusulas suelo”, as they are commonly called in Spain), which prevented them from taking advantage of the very low mortgage interest rates which have occurred due to the decline in the Euribor rates since the financial …
Minimum Interest Rates in your Mortgage Contract! Read More »
Did you know that Spain is amongst the highest taxed countries in Europe when it comes to inheritance? And even worse for the non residents.
Construction work, cleaning, security, gardening and electrical maintenance are just some of the activities Communities of Owners are involved in. These all pose a set of risks, such as the possibility of falling from a ladder, accidents due to misuse of tools and violent
At the end of January 2014 beginning of 2014, Presidents of Urbanizations attended the Presidents Club at Urbytus. The event was well attended by Presidents from Mijas Costa, Alhuarin to Marbella.
Did you know that as the President or he Committee of a Community of Owners, you are personally responsible and liable for any and all actions whilst discharging your duties as committee members.
Community debt has become a big issue to the point of turning many communities into difficult situations of having to close down swimming pools, shutting down lifts and even more drastic measures of complete abandonment. As a hot topic and also one that all paying members and presidents are hassled about, we had arranged at …
There’s a lot to be said for living in a ‘community of owners’. Communal costs are shared so you get to enjoy facilities like gardens, pools, and tennis courts for a fraction of the cost. But at times like this, when the economic going gets tough, many we spoke to at the last
There’s a lot of demand for short term rentals during the peak season and demand for long term rentals is growing. For decades foreign homeowners in Spain have been renting out their properties at a low level and enjoying the extra income it brings. However there is a really low awareness of Spanish laws amongst …
Important Facts regarding Renting out your property in Spain Read More »
If you have a pool on your urbanisation and there are more than 20 properties there are a number of important rules and regulations you need to comply with, one of the most contentious and costly being pool fencing. The Junta de Andalucia specifies a number of regulations including: Children’s Pools for use for children …
Swimming pool regulations for Spanish urbanisations Read More »
It’s important to have rules in the community to make sure that everyone is living in a way which is sociable, respectful and minimizes problems amongst owners, tenants and holiday makers. Rules are usually passed for – Community payments Parking Rubbish disposal Noise Use of communal facilities
