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On 21st December 2016 the Spanish Supreme Court established that banks are responsible for the reimbursement of money paid by off plan property buyers when the compulsory bank guarantees have not been issued.
As the Spanish news headlines tell us that 2017 is set to break all of the previous tourism records, it is a good time to reflect on why and what is so good about Spain in 2017 that makes it possible.
On 21 December 2016 when everyone was getting ready for Xmas and the El Gordo Lottery, the Supreme Court of Andalucia surprised the Spanish legal world! A company had purchased some land for 14.2 million euros and had been ordered to pay the sum of 185.025 euros in plusvalia even though the land had been sold at a loss for just 3,5 milion euros.