July 2022

Comunidad de Vecinos: What property owners need to know about residents’ committees in Spain

FROM the moment an owner takes on the title deed of a property they also take on the community benefits and responsibilities. There will usually be a coefficient reflected in the deed. In any community, there should be an administrator, a committee formed of homeowners, and a presiding president. In our experience communities are best

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Costa Blanca real estate agency operated pyramid-style swindle conning €5 million out of clients in Spain

THE Guardia Civil has arrested three people and are investigating three others over a massive real estate scam. The agency, Grupo Lorelai, operated out of an office in the Playa Muchavista area of El Campello. It pocketed at least €5.4 million from 60 clients for luxury homes that were never built or were sold on

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Wildfire in Spain’s Mijas extinguished after razing through 116 hectares

AFTER razing through 116 hectares of forest, the Mijas fire which started on Tuesday, July 26, has been declared ‘extinguished.’ ? El director de extinción da por EXTINGUIDO #IFMijas, #Málaga, incendio del 26/07, declarado en paraje “Majadilla del Muerto”. — INFOCA (@Plan_INFOCA) July 28, 2022 The fire, which broke out in the area of ‘Majadilla

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Spain announces details of new windfall tax on banks and fuel companies

SPAIN’S government has announced details of its new windfall tax on banks and fuel companies which aims to bring in €7 billion into state coffers over the next two years. The bank tax will raise €3 billion with €4 billion coming from the gas and oil companies. The measure was announced earlier this month by

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Spoils of war: Seized Russian superyacht goes up for sale in Gibraltar

A 73-METRE superyacht seized from a blacklisted Russian billionaire is to be sold at auction. The yacht, named Axioma, will go up for sale without a reserve price on August 23, after being impounded at the end of March following sanctions on Russia. It is thought to be the first confiscated Russian-owned superyacht to be

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Many claims expected from Mallorcans against airlines disprupted by strikes

THE Balearic consumer affairs ministry is anticipating ‘an avalanche’ of claims against airlines in the wake of ramped up industrial action. According to head of the consumer rights protection Jesus Cuartero, the department has been inundated with calls seeking advice on how to file a claim.  “We urge consumers to present claims and complaints,” he

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