In Mallorca the duration of a rental contract is usually of one year and possibly renewable for a minimum of 3 years and maximum of 5 more years, but even after the extension has been agreed, both the landlord and the tenant may put an end to it before its specified duration, as long as […]Continue reading
When signing a rental contract it is important that both the owner/landlord and the tenant are fully aware of the rights and obligations involved for each party in terms of contract duration, rent payment, property condition, etc. To start with, contract duration is usually mutually agreed before signing the contract, but if not specified, the […]Continue reading
It is very important, especially for foreigners who have assets in the Balearic Islands or their future beneficiaries, to be informed on the Spanish process of succession and inheritance. In Spain, unlike in other countries, the Inheritance Tax is payable by each of the heirs and not by the estate. The rules and tax rates […]Continue reading
The Spanish Government has recently approved some legal changes to housing rental contracts: both for long term or short term/touristic rentals. One of the changes in long term rental contracts is that upon renewal, the extension of contracts’ duration is for 5 years (instead of the previous 3 years) or 7 years if the landlord […]Continue reading
Just before the end of 2018, the Spanish government approved new regulations, making changes to five different types of legislation, all in order to improve access to housing and enhance the long-term rental market at affordable prices. Although the actual duration of housing rental contracts is not regulated, the period of mandatory extension has been […]Continue reading
Just a few days ago, the Spanish government has approved the extension of the protected area of Cabrera’s National Park, located off the southern coast of Mallorca. The existing 10,021 hectares has been expanded to a total area of 90,800 hectares of protected land (the main isle of Cabrera and 18 smaller islets – all […]Continue reading
Collaboration in London
9-10, Staple Inn, London WC1V 7QH
