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Real Estate law and legal questions

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We open new office on the 1st October 2018

"Bufete Frau - Abogados" is pleased to inform you of the forthcoming re-opening of its office in the town of Pollença. With this, the firm has already four branches on the island of Mallorca. On the 1st of October, we will open our doors in the village of Pollença...

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Sponsorships

400 embarcaciones participarán en la 55 edición del 'Gran Día de la Vela - Bufete Frau

Más de 400 embarcaciones y cerca de 500 regatistas participarán en la 55ª edición de la regata del ‘Gran Día de la Vela - Bufete Frau’ en el Club Nàutic de s’Arenal, que arranca el próximo jueves, 23 de agosto, a las 15:00 horas. En la presentación del evento, que tuvo lugar ayer, estuvieron presentes Ferran Muniesa, gerente del Club Nàutic S'Arenal, Óscar Estellencs, presidente del Club Nàutic S'Arenal, Helen García, adjunta a dirección del Bufete Frau, Susana Frau, responsable de marketing del Bufete Frau, y Francisca Almagro, regidora de juventud y políticas de ocupación del Ayuntamiento de Llucmajor.

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Guide for the tourist marketing of a home

Informative guide concerning the proceeding to present a responsable declaration of the start up of tourist activity (DRIAT) for the tourist marketing of a home in Mallorca Applicable as from the moment of coming into effect the zones of the Board of Mallorca and the Palma Town Hall

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Binding Resolution of the General Directorate of Taxation: Deductible expenses for the sale of real estate

The transfer of a property generates to him placing the question of profit or loss in patrimony, on producing a variation in the value of his patrimony that is revealed through an alteration in its arrangement, in accordance to that appearing in article 33.1 of the Law 35/2006, dated 28th November of an Individual Income Tax Return and with the partial modification of the laws of Company Taxes, the non Residents Income Tax declartion and Capital Gains (BOE dated 29th November), hereinafter LIRPF, and, therefore, it will be subject to tax, in accordance to that appearing in article 6.1.

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An outline and update on the Law of Squatters (“Express eviction”). In force since 2.7.2018

The creation of the new Squatter law leads to the modification of the Lawsuit Law. This form will be available for private homes, non-profitable entities and belonging to public departments. In this way, the new rule will continue to not affect the homes owned by banks or investment funds of use.

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New doctrine concerning the method of verification of value: Analysis of the sentence from the High Court on the 23rd May 2018

As you may all possibly know, when we purchase a property in Spain we must pay the Transfer Tax (ITP). This tax is from 8% to 11% of the value of the property and we must pay same in the maximum period of one month from the date of purchase/sale.

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