The increasing number of homeowners who rent or lease their properties to tourists privately brings anxiety to the Spanish government. Local hotel sectors accused these private rentals as the major reason for the drop off of bookings in the industry. Since these homeowners pay no tax for their business, they keep their earnings and make no declaration to the government of the annual....
SIP Blog - News From The Region
Energy Performance Certificates (EPC)
It took months for the Spanish government to finally publish the new legislation which covers all houses and properties in the country that are being rented, leased or sold after June 1, 2013. This law states that owners should acquire an “energy certificate”.This is to follow the footsteps of EU Directive’s Energy Performance of Buildings which became effective back in 2007. This new....