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The government approves the labour reform and gives companies three months to adjust their temporary contracts before 30 March. The labour reform, approved last December in the Council of Ministers, aims to put a stop to temporary contracts, restore balance to collective bargaining and incorporate temporary lay-offs (ERTE) into ordinary legislation, which will replace those used in pandemics, but with the same objective: to avoid...
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Last November, the Council of Ministers approved a Royal Decree-Law that amends the calculation of the municipal capital gains tax to bring it into line with the Constitutional Court ruling that declared the tax illegal on 26 October. The regulation adjusts the tax to the ups and downs of the real estate market, so that capital gains tax is only payable if a profit is...
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The Spanish government has approved the new Housing Law, which aims to reinforce the concept of decent and adequate housing set out in article 47 of the Spanish Constitution. The new law indicates, fixes and defines what is meant by decent and adequate housing. “Dignified housing is that which is habitable, accessible, energy efficient and which also guarantees access to basic supplies without its enjoyment...
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This article is part of our guide How to buy a house in Spain which you will find in our Real Estate Consulting section. If you are going to buy a property and want to save yourself future problems, it is advisable to seek advice from a real estate lawyer in Spain. The savings far outweigh the cost of legal fees. Buying a property is...
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This article is part of our guide How to buy a house in Spain which you will find in our Real Estate Consulting section. As we saw in our previous article, mortgages never cover more than 80% of the purchase price. This means that you need to have at least 20% of the property price available, plus about 15% on top of the cost of...
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This article is part of our guide How to buy a house in Spain which you will find in our Real Estate Consulting section. Once the reservation contract has been signed, it is then up to the buyer to arrange a mortgage, if necessary, although they should have already discussed their needs with the mortgage provider beforehand. Mortgages in Spain After the financial crisis of...
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