Regulation For The Real Estate Sector In Spain

The other day, I had a cup of coffee with a developer from a nice suburb of Kansas, he was also a former city council man there in his town, and we discussed aviation, politics, investments, antique cars, and real estate. StartGroup is an officially licensed Real Estate Agency by G.I.P.E and a member of C.E.P.I. the European Association of Real Estate Professionals whoвЂs code of conduct we work by. We also follow the Andalusian real estate law in terms of information and transparency.
In this series of posts, we have been discussing the legal issues our lawyers in China, the United States, and Spain have been confronting, with the goal blog de derecho inmobiliario of making this blog a repository of information on coronavirus law and especially on how to handle legal matters that have arisen due to the coronavirus.

And even though the complexity of real estate matters – mainly in relation to civil law issues, town planning, and licensing – can work as a barrier to new legal market entrants, “it is true that there is some commoditised work that they can handle”, Azofra admits.
While the Commentaries on the OECD Model only refer to the comparison of the value between immovable properties and the value of all the property, there are two major positions on this issue: (i) assets should be valued based on their market value, an opinion held by several authors (e.g., in Spain, Joan Hortalà i Vallvé and Néstor Carmona Fernández), or (ii) assets should be valued based on their book value (opinion followed by Ekkehart Reimer for cases where the domestic law of the situs State does not provide special clauses).

Additionally, investors from around the world are becoming more involved in the ownership of business or commercial real estate in some of the major cities in Bulgaria, most particularly in Sofia, the Bulgarian capital and the big cities around the Black Sea.
The Spanish real estate market, one of the most important sectors of the economy, was paralysed in mid-March when the Spanish Government decreed the state of alarm and subsequently the cessation of all non-essential activities, including construction work on hundreds of property developments.

Our lawyers also work mainly in the area of in civil law and civil liability, although we also advise in other areas of law, such as family law, inheritance and all aspects related with real state law (purchases, real estate donations, rentals, taxes related to real estate, commercial law and other).
A. With the Golden Visa you can live in Spain without having to be fiscal resident in Spain, as opposed to other residence permits such as for example the Wealth Visa, which requires that you spend more than 183 days in Spain and therefore become Spanish Tax resident.

If someone owns property in Spain, but is not resident in Spain for tax purposes and has at least one office or premises used for managing the letting business and employs one or more people on a full time contract, then the owner is considered to have income through a permanent establishment in Spain and is subject to different regulations.