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Marbella-Apartment

All of Spain’s seventeen regions experienced an increase in mortgage approvals last year, indicating that confidence has returned to the Spanish property market.

The number of mortgage loans for residential dwellings in 2015 rose by 19.8% to 244,827, compared with the year before. The total amount of loan capital also increased, by 24.1% to €25.9 billion, according to data from the Central Statistics Unit.

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granada

If you own a property in Andalucia and rent it out as tourist accommodation you are more than likely aware that you now have to register your property before Andalucia’s Tourist Registry (ATR). The law, formally known as the Decree 28/2016, of 2nd of February de viviendas con fines turísticos, is a code of conduct that must be adhered to if you are renting out a holiday property.

In this article we take a look at some of the requirements that your property will need to meet in order to make sure that you, and your property, are on the right side of the law.

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Airplane-seats

A total of 12.96 million people travelled to and from Spanish airports in January, 12.3% more than in January 2015, according to latest data by airport management company Aena. With January setting the upward trend it is predicted that 2016 will be a bumper year for tourism.

There was a rise in the number of passengers taking domestic flights as well as international flights; 4.35 million passengers took a domestic flight, representing an increase of 13.9% and the number of people taking an international flight increased 11.6% to 8.53 million.

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paperwork-picture

Moving abroad can be an overwhelming process; leaving loved ones behind and heading for the unknown can be a daunting enough task without all of the paperwork to complete and bureaucracy to overcome.

If you are thinking of making Spain your new home then the chances are you will have done your research and are already aware that there are some formalities that you will need to complete, such as getting a social security card and NIE number. Read more »