NEWSLETTER OCTOBER 2011

1. Express eviction
2. Spanish Government cut VAT to 4%
3. General Elections in Spain on the 20th of November
4. The Banks hid the “ground clause”
5. Foreign investment in Spanish real estate grows
6. New record of evictions during the second trimester
7. Buyers from the North of Europe and from Russia, warm the market

NEWSLETTER JULY 2011

1. The infamous “Ground clause” (Clausula Suelo) is declared null and void for being abusive
2. A spanish court forces the developer to refund 36.000 € to a buyer who didn’t obtain their mortgage
3. Tax schedule
4. Building works for the new port of Marbella ready to start in 2012
5. Buying and selling of properties in Marbella by 16% in the first trimester of the year in respect to 2010
6. Endesa announces the cut of supply to the Town Hall of Coin for non payment
7. The airport will receive 11 million passengers in summer, 3.2% more than last year

NEWSLETTER APRIL 2011

1. Owners of property in marbella will regularize their “illegal” homes for free
2. Period to submit the Tax Return in 2011
3. Dation in payment or lifelong insolvency
4. Insurance Claims, Insurance Claim
5. Junta de Andalucía prepares a decree to regularise illegal dwellings on non building land (rustic land)
6. The sale of registered premises increased 10.5% in February
7. Malaga Airport has closed the first quarter of 2011 with an increase in passengers of 7.9 % and an increase in the number of operations of 5%
8. Manzanares Abogados at Thomson Reuters