The Spanish real estate developer Metrovacesa and the Spanish energy utility Endesa have founded a company to develop an area of around 32 hectares in Barcelona for the construction of up to 2,000 apartments. As the Spanish business newspaper „Cinco Días“ reports in its edition of 7 March 2019, the site of the former Sant […]
The property tax („Grundsteuer“) in Germany must be reformed by the legislator by the end of 2019, as the Federal Constitution court had declared the current legal regulation unconstitutional. The German tax authorities currently collect around 13.3 billion euros from property tax (2016). The taxation is based on the so-called unit values („Einheitswerte“) from the […]
The Spanish Supreme Court (Tribunal Supremo) in Madrid has ordered the demolition of two apartment buildings in Benidorm. Benidorm is a well-known seaside resort on Spain’s Mediterranean coast with a large number of skyscrapers housing holiday apartments and hotels. The decision of the Tribunal Supremo shows the risks to which investors and owners of illegally […]
We keep you up to date
on legal and economic
developments in Germany,
Spain and Europe.
In our News Blog.