The quick answer is NO. The cutoff will occur depending on whether the bill for said service is in the name of the tenant or the owner. Before continuing to develop the answer to today’s question, let’s take a look at the reference regulations regarding electricity, natural gas and water: Electricity and natural gas…
Some owners of rental homes prefer to retain ownership of the electric service. The main reason: to avoid having to make 2 ownership changes, but in reality maintaining the service in your name can be costly, as you will see below. What professionals recommend is that the holder of the electricity contract is the person…
2 years ago we made an articlen where we explained all the taxes you must pay to buy a home in Spain. However, in 2019 a new Mortgage Law was passed which brought some changes that modified the total taxes to be paid. There are 3 taxes related to the purchase of real estate…
How will the coronavirus affect the real estate in Spain? The real estate market has been affected immediately after the arrival of the Coronavirus and the measures taken by the Government to stop its spread. Before continuing to analyze the real estate sector, we remind you to follow all health recommendations, such as staying…
Just one year ago, at the end of December 2018, I was attending meetings with clients and colleagues from the real estate sector regarding the new Urban Leasing Law to analyze and understand its changes in the practical life of the real estate sector. The Royal Decree-Law 7/2019 of March 1, had a winding road…
As you have surely heard, the bureaucracy in Spain is one of the largest in the entire planet Earth. If you are interested in the topic, take a look at this article from El Mundo. I anticipate you that the officials can be quite discretionary, but this does not prevent you from asserting your rights.…
If there is a neighborhood that Geräh Real Estate Partners can speak with propriety about its real estate market, that is Puerta de Hierro located in the great University City of Madrid. Along with La Moraleja or La Finca, Puerta de Hierro is one of the most exclusive areas of Madrid, it has been a…
Are you going to sign a rental contract and do not know how the security and deposit issue works? Here we explain their differences. Are you going to sign a rental contract and do not know how the security and deposit issue works? Here we explain their differences. During this process,…
Will you sign a rental agreement? Here we tell you your rights and duties. When signing a rental contract in Spain in order for the property to be used as a home, you must know your rights and duties as owner or tenant, reflected in the current Urban Leasing Law and in the Civil Code.…
There are many real estate investors who prefer to buy cash, for various reasons. A well-justified one is when you simply do not have access to financing. But if that possibility existed, would you buy cash or with financing? The Geräh Real Estate Partners team has created this simple Case Study, based on a real…