Noticias

LAW FIRMS IN SPAIN SHOULD MAKE THE MOST OF OPPORTUNITIES WITHIN THE COUNTRY’S THRIVING REAL ESTATE MARKET

LAW FIRMS IN SPAIN SHOULD MAKE THE MOST OF OPPORTUNITIES WITHIN THE COUNTRY’S THRIVING REAL ESTATE MARKET

  • 20/12/2019
  • Iberian Lawyer

The existing opportunities and high potential returns in the Spanish real estate market are making it more attractive to investors.

With low interest rates and volatility in capital markets pushing investors towards the real estate market, Spain should expect to experience a rise in this particular sector. According to Silvia López, Partner at Fieldfisher Jausas, and lawyer within their real estate department, this will present a number of opportunities to law firms. “Spain is an attractive market due to the existing opportunities and high returns,” she explains, “in particular in the so-called “alternative real estate assets” such as students’ residences, care homes, co-living, co-working, tourist apartments, hostels and also logistical assets.”

But real estate clients and investors are also set to experience a number of complications; an example of this will be the regulation of tourist apartments. “Some regions are restricting the use of dwelling for tourist use, to avoid price increases and displacement of the local population,” adds López. In addition to this, rents are being regulated in order to avoid an increase, and to protect the tenants. “Likewise, change of purchase habits is affecting the retail sector,” López states. “This market will now have to envision new ways to attract customers.”

The lawyers are "able to co-ordinate the work with firms abroad to make sure it goes smoothly," and goes on to highlight the firm's "reasonable fees, even in situations with partner involvement."

CHAMBERS & PARTNERS (2019)

"Fieldfisher JAUSAS worked hard and made a good impression, I think they did their job well," reports one satisfied interviewee. "Clients appreciate the firm's "pragmatic and high-level approach."

CHAMBERS & PARTNERS (2019)

One client praises the firm's approach, commenting: "The service provided is very rigorous and effective. They demonstrate a very deep knowledge of the law and always know the optimal option to defend the position of their client, all with impeccable and close personal treatment and constant availability."

CHAMBERS & PARTNERS (2019)

The team is praised by clients for its "knowledge of insolvency matters and focus on finding solutions.""The lawyers are able to quickly and efficiently resolve cases," states one interviewee.

CHAMBERS & PARTNERS (2019)

"The team's ability to focus on the matters stands out. The lawyers understand the business and combine this with a high level of technical expertise." Another client enthuses: "We really enjoy working with them. The service is excellent in all aspects, fulfilling the objectives and expectations created, with permanent and immediate availability."

CHAMBERS & PARTNERS (2019)