Spain is a country of rich history, culture, and stunning landscapes, making it one of the most popular destinations for tourists from all over the world. However, what many people don’t know is that Spain offers more than just a vacation hotspot. It offers the opportunity for non-European Union citizens to obtain a Golden Visa,…
If you’re thinking about buying or selling real estate in Mallorca, it’s important to understand the costs involved. While many assume that the costs of buying or selling property are the same across all regions in Spain, the truth is that they can vary significantly depending on the location. In this article, we’ll explore the…
The so-called Golden Visa is a residence visa for non-EU citizens who make a real estate investment in Spain without finance worth 500,000 euros or more. Becoming a Spanish Resident will allow you a number of benefits including visa-free travel to 26 European countries including Germany, the Netherlands and France. You are looking to take advantage of the opportunity…
Purchasing a property in Mallorca ought to be an interesting interaction, yet it can likewise be overwhelming. Outstanding amongst other approaches to keep away from the entanglements and to secure your venture is to guarantee that you train a suitable and confided in English-talking attorney. What is the job of a Lawyer in Mallorca? It…
In recent years, the Spanish government has clamped down on properties that don’t meet legal requirements. As a buyer or an owner, it’s important to understand the laws about property in Spain through thorough research and expert advice. What is an ‘illegal property’ in Spain? The term illegal here might refer to all or part…
If you own, or are considering buying, a property in the Balearic Islands, it is important to understand local succession rules so that your assets go to the right people. This quick guide will get you started with your research on inheritance rules in Spain. This is not intended as legal advice; it is always…
Mallorca’s real estate market holds an elusive charm for buyers around the world. With its Mediterranean climate, wide range of property types, exclusive areas, and gorgeous scenery, it’s no wonder why. Mallorca’s real estate market today It’s always wise to consider investments carefully, and after the dust settles from the past couple of years many…
A foreigner’s acquisition of a property in Spain is not subject to any different legal restrictions than a national’s purchase in general terms. However, the Law 8/1975 on territories and installations of national defence importance, as well as Royal Decree 689/1978, which implements it, place restrictions on foreigners buying real estate in specific locations regarded…
Real estate investments can be an attractive option in the Balearic Islands. So when it’s time to see a return on your efforts, you need to know you’re taking the best possible approach. Please note, this information is not intended as legal advice. To find a local lawyer, please see our registry. Letting your property…
Tourist Rental License in the Balearics (ETV) Because holiday property rental laws have changed several times recently, many people are confused about how to rent out their Mallorcan properties. You will need a tourist rental license, known as Estancia Turísticas en Viviendas (ETV) if you want to rent your property in Mallorca, Ibiza or Formentera…
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