Category Archives: News

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TOURISTS flocked to Mijas over the summer and some hotels have achieved occupancy levels of almost 100%. The number of visitors has been the highest for a decade due in part to a range of government initiatives, according to theaaa

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According to their quarterly report on the economy of the eurozone, the credit rating agency, Standard & Poor’s (S & P), predicts that the Spanish economy will grow by 0.5% in 2014, one tenth less than their July estimate, andaaa

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Spain received 7,875,997 international tourists in July, which is an increase of 2.9% compared with the same month of 2012. According to the latest tourist border movement survey (Frontur) prepared by the Institute of Tourism Studies of Spain’s Ministry ofaaa

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A new bill was recently passed and enacted in Spain significantly amending lease agreements on real estate. This Law has been considered for some as quite necessary in Spain in order to adapt leases to a very active market.

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With an estimate of around 250,000 British owning (and in many cases residing in) properties in Spain, it is quite common to encounter their relatives, descendants and potential beneficiaries of the estates of the owners, facing difficult circumstances when thoseaaa

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When many are still suffering the consequences of the financial crisis and the many excesses that provoked it (and amongst those excesses were the real estate craze in Spain) there are many property owners who are complaining of being tiedaaa

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After the recent Supreme Court judgement in which the court declared all floor clauses within mortgage agreements signed with BBVA (Spanish second largest bank) were abusive, hence null and void, some other first instance courts have started to apply andaaa

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A floor clause (or “cláusula suelo” in Spanish), usually entered in a financial agreement in relation to a cap floor, refers to a specific condition generally included in financial contracts, principally loans. As a loan can be agreed based uponaaa

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The Spanish economy seems to have bottomed out and be ready to start growing,” says the latest forecast from consultants, Ernst & Young, who estimate that the Spanish economy will fall by 1.7% this year but rebound by 0.2% inaaa

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Housing construction in Spain will rebound by 5% next year and by 15% in 2015, according to forecasts presented last week by the Building Technology Institute of Catalonia (ITeC), member of Euro construct (an analysis group consisting of 19 Europeanaaa

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