SABADELL SOLBANK must return 500,000 in Cala Romántica, Mallorca

This was ordered on 19th December 2017 by the First Instance Court Number 8 of Marbella, Malaga, Spain. The responsibility derives from the issuance by BANCO CAM (now SABADELL SOLBANK) of a General Line of Guarantees for the refund of advanced payments according to keith.   This is a new example … [Read more...]

Full list of all won cases against Banks by CostaLuz Lawyers using Keith Rule Action

AIFOS ARQUITECTURA Y PROMOCIONES INMOBILIARIAS, S.A EL BALCÓN DEL HIPÓDROMO AIFOS ARQUITECTURA Y PROMOCIONES INMOBILIARIAS, S.A LAS CABALLERIZAS AIFOS ARQUITECTURA Y PROMOCIONES INMOBILIARIAS, S.A TERRAZASS DEL MEDITERRANEO AIFOS ARQUITECTURA Y PROMOCIONES … [Read more...]

Spain’s Supreme Court hesitation before Banks

The Supreme Court has ruled that client should face the Stamp Duty Tax (AJD) related to the mortgage. In the informative notification issued in advance of the Sentence, the Supreme Court establishes that several situations must be distinguished on this tax: a) Tax related to constitution of … [Read more...]

Spain’s Supreme Court bringing questions before Europe on IRPH index

Last December 2017, the Supreme Court in Spain declared that material transparency control of the IRPH clause was not due as this was a legal index. The sentence, naturally, received harsh criticism and raised doubts about its compliance to the doctrine of the European Union regarding the control … [Read more...]

Does the Uber ruling affect online platforms for the sale and/or rental of real estate in Spain?

The recent Preliminary Ruling of 20th December 2017 from the EUCJ (European Union Court of Justice) raises the question of whether the solution of the European court can be applied to other online platforms that intervene in different markets, specifically in the real estate market for the sale and … [Read more...]

Spain’s IRPH Mortgages to be revised by Europe?

Clients with mortgages linked to the IRPH index in Spain aim to refer their case to the European courts. They have been encouraged by the vote of two Supreme Court Magistrates who believe that the clause does not meet the required transparency control. On November 22, Spain’s Supreme Court ruled … [Read more...]

Cláusula Suelo – ECJ Press Release – 21 December 2016

COURT OF JUSTICE OF THE EUROPEAN UNION - PRESS RELEASE No. 144/16 - Luxembourg, 21 Dec 2016 CLAUSULA SUELO - MORTGAGE FLOOR CLAUSES Spanish case-law placing a temporal limitation on the effects of the invalidity of ‘floor clauses’ included in mortgage loan contracts in Spain is incompatible … [Read more...]

Spanish Scientist Suggests Yogurt Can Help With Depression

A study, led by the Professor of the University of Navarra (north of Spain), Miguel Ángel Martínez-González, director of the Cyber OBN group, has confirmed that consumption of whole yogurt, rich in fat, is linked with a lower risk of depression, in women. This was revealed by the Navarre centre, in … [Read more...]

Q&A on European Wills

Today´s Q&A on European Wills: Q-According to old ruling ( before August 2015) when a Brit, whose only  estate assets are in Spain,  or better said: if he does not have estate assets in the UK dies, the UK will have to refer back to Spain and the inheritance laws therein. Consequently any … [Read more...]

María de Castro Eye on Spain Podcast – Questions & Answers

QUESTION NUMBER ONE: TAX VALUE OF PROPERTIES IN SPAIN Name: Steve Comment: Hi Maria I am non-resident and in 2011 I sold my apartment in Andalucía for 55,000 Euros in order to buy a nearby villa. In 2013 I received a 'complementária' from AEAT . The authorities valued the apartment at 110,000 and … [Read more...]

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