In the last decade, foreign investment in real estate has been a key element in the country’s economy, especially after the 2008 recession, which destabilized the flow of money at the national level. According to CBRE data, by this date more than 70% of real estate investment came from capital invested by foreigners. Despite this, the General Council of Notaries…
Insurance companies in Spain are preparing for premium recovery in the coming years. For this sector it is a priority to recover from the impacts generated by the pandemic. Covid-19 forced us to put many of our responsibilities on the back burner, such as insurance and credit payments, but months after this global event it is time to return to…
In some cases inheritance is a topic of discussion in the family. Normally problems arise between children and spouse, but sometimes a nephew appropriates inheritance intended for third parties. This is what happened in Madrid with the money and assets of an elderly man, who had expressed in his will that all his belongings would be destined to the Brotherhood…
The story of the baby exchanged at birth, who grows up to meet her biological family by chance, is not a tale exclusive to movies and television series. It also happens in reality and is the cause of lawsuits and legal problems for the parties involved, or at least it did for two girls exchanged at the Virgen del Camino…
According to data from the National Statistics Office (INE), housing rental prices in Spain fell in 2020 for the first time in four years. The pandemic and its changes in the rental market explain this behavior, which has continued in the first half of this year. However, June data showed a slight increase in this indicator compared to the data…
According to the latest news related to the economic situation of young people from the Youth Council, a mortgage or rent payment accounts for more than 50% of the net salary, making emancipation an impossible task. The youth emancipation rate at the end of 2020 was placed at 15.8%, 3 points below the record in 2019, being the lowest figure…
According to the Spanish Observatory of Insurance for Renters in Default (OESA), after doubling in 2020, 30% of new leases will include non-payment insurance. They explained from donpiso: “The crisis of Covid-19 makes owners feel more insecure about a possible breach of contract“. Non-Payment Insurance The economic crisis resulting from the Covid-19 pandemic is causing serious damage to the family…
Rental property owners Four out of ten owners consider the current rental supply to be sufficient. The owner’s profile has an average age of 54 years, higher education, an average income of 42 thousand euros gross per year, and the vast majority of them have individual accommodation to rent to a third party. The concerns of rental property owners are…
Rental property owners Four out of ten owners consider the current rental supply to be sufficient. The owner’s profile has an average age of 54 years, higher education, an average income of 42 thousand euros gross per year, and the vast majority of them have individual accommodation to rent to a third party. The concerns of rental property owners are…
Faced with an unpleasant neighbour whose behaviour is repetitive and who does not pay attention to the demands of other neighbours so that the harassment of other neighbours is not repeated, the community of owners can agree to file a lawsuit to stop the unpleasant behaviour of that neighbour. For noxious activities, dangerous or illegal behaviors that are provided for…
