|  | There is always something happening in the Andalucia region and the following articles showcase some of these events.
Please select an item of interest below and check back regularly to see the latest. |
 |  | Notaries are obliged to record the Foreigner Identification Number, (N.I.E.), and state the means of payment in deeds of sale. |
 |  | The new land law was approved by the Congress of Deputies on 10 May 2007 and will come into effect on 1 July. It replaces the previous law of 1998 and its principal objectives are to provide land for low-cost housing subsidized by public funds, ensure that development planning and urban management is more sustainable, combat land speculation, enhance transparency and encourage citizens in development planning decision-making. |
The reform of the Mortgage Law is not yet a reality since it must first pass through the Council of Ministers and, subsequently, through the Spanish Congress, but is is expected to bring about important changes to the current mortgage legislation.
The change which is highly necessary since the law has not been reformed since 1946, proposes alternatives with respect to the notary and registration fees as well as the commission for cancellation, subrogation and novation - these will be reduced by up to 40%. |  |  |
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Businesses will have to adopt tougher fiscal measures under the new Anti-fraud Law.
The fiscal authorities are adding the final touches to the Anti-fraud Law specifically to one of the regulations most anticipated by Spanish companies: the new regulation regarding related transactions and transfer prices.
The new act which came into force on December 1st 1006 contains measures to combat tax fraud. The act applies mainly to the real estate sector and the sale of motor vehicles. |  |  |
The Spanish Ministry of Construction (SMC) has given the green light for the construction of an international airport in Huelva on the western fringes of Spain´s Costa de la Luz. First conceived 30 years ago the provisional date of 2012 has been given and agents are predicting a surge of enquiries about property in the region.
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