(Google translation from Noticias Vlex.com) The Congress of Deputies validated by a majority a number of fiscal stimulus initiatives aimed at the home rehabilitation sector that were included in the Royal Decree on Measures to Promote Economic Recovery and Employment, approved on Friday April 9 by...
Part-time employment in Spain rose 1.2 points in September 2009 compared to the same period the year before, while in the EU, the increase stood at 8.0. The greatest increase took place in Ireland with a raise of 3.3 points upward which made this Country...
Yes, you are, since the law says the expenses will be deemed as general even if they are not imputable to one or various properties within the community, nor shall the non-usage of a facility bring exemption from the fulfilment of the maintenance obligations. However,...
Yes, you can, but only if you have the approval of the Owners General Meeting....
Angry expats in Spain hope to pit the country’s political parties against each other in an attempt to save their homes from demolition. Protest group AUAN wants to put pressure on politicians in Andalucia by recruiting thousands of supporters in a voter registration drive. It aims...
If it is seriously detrimental for your interests and you can also bring together 25 % of the owners and shares, the Law allows you to claim at the court in order that the decision is annulled even if it was validly voted by the...
Spanish bank agent Bancaja Habitat is attracting foreign buyers to its repossessed property stock with 85% loan-to-value mortgages. Bancaja has sold around 40 units in the last three weeks to foreign and domestic buyers, who don’t have to start repaying the mortgage for three years. The reluctance...
The transfer tax, or Impuesto de Transmisiones Patrimoniales (ITP), applicable to private real estate property sales, is for the time being in Andalucía a 7% of the value declared in the contract for private sales. However, as from March 19th, 2010 the tax has been...
No you cannot, as you are entitled to have and enjoy one permanencia in a calendar year. If you ask for a second permanencia in February 2.011 this would mean having two permanencias in the same year. ...
Concerning to the Income tax of Individuals, the percentages of general tax scale stay the same but the rate applicable to savings in personal income tax has increased. The applicable rate will be 19% for the first 6,000 Euros of yield, and 21% on the...
