In late 2023, a new law came into effect in Andalucia, whereby construction may be allowed on rural land (officially classified as "rustico"). Previously, upto 1% of rustic land would be allowed to have a single-storey covered construction, without water or electricity connection - the intention was to allow a warehouse for tools storage, strictly [...]
In Spain the homeowner's associations have special sections of the law dedicated to ensure harmonious neighbour relations. In Marbella in particular, most residences of all property types are organised in communities, which may share communal gardens and swimming pools (in the case of apartments), or security and common grounds (for villas or townhouses). The "comunidad" [...]
A certificate of habitability (also known as a "cédula de habitabilidad") proving that residents can maintain a minimal level of life is required for a property to be legally recognized in Spain. It is a certificate that certifies that the property satisfies the safety and hygienic standards necessary for human habitation and indicates whether or [...]
Euribor is the interest rate most often used to work out mortgage payments in Spain and to calculate both variable and fixed rates. It is anchored to the interest rate set by the European Central Bank and the rate that banks in the Eurozone use to lend to each other. When the base rate goes [...]
