Spanish & Mallorca Property update – Interest & Exchange Rate Movements and Impact For Those Looking For Property For Sale in Mallorca

The international financial back drop for the Spanish and Mallorca property markets remained largely unchanged over the last month although the expected long term trends for exchange and interest rates appear to have been established despite ongoing uncertainty across the globe. Interest rates in the US and UK seem to be close to their bottom … Read more

Terms of payment in Spain for companies and the Spanish Public Administration

Attending the unsuccessful results through the Spanish Law 3/2004, of December 29th, where measures were established against late payments in commercial transactions, new changes have been introduced in order to establish a Maximum Period for payment in these commercial transactions between companies or even with the Public Administration. With these changes introduced by Law 15/2010, … Read more