Tag: Spain
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WHAT IS THE ENERGY PERFORMANCE CERTIFICATE (CERTIFICADO DE EFICIENCIA ENERGETICA)?
From June 1st the Energy Performance Certificate will be required in all contracts of sale or rental in Spain. This regulation comes from a European Directive and it is already in force in other EU countries. This certificate analyzes the demand and energy consumption of a…
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Dacion en pago for non-residents. Do we have a deal?
If you have read the Spanish press this week you will probably have seen plenty of articles on the Government’s new proposal to solve the current problems with those who cannot pay the mortgage. Luis de Guindos, Minister of Economy, will announce this week some new measures to enable consumers to surrender their properties back…
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New proposals for a new era
Some months ago, the Socialist Prime Minister, Mr Rodriguez-Zapatero (or Zapatero as he is commonly known in Spain) decided to call elections for the 20th November. Since then, both main candidates, Alfredo Pérez Rubalcaba for the Socialist Party and Mariano Rajoy for the Popular Party struggled to convince the…
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Spanish property market feels the pain
As a Spanish property lawyer based in Manchester, the first thing I am asked when I am introduced to people is: How is the Spanish property market doing? The words “Spanish” and “property lawyer” appear to have a sudden effect on the other person and they start to interrogate me on the subject. This…