What the Spanish 90-day rule actually means

The 90-day stay rule was introduced during the Brexit transition period and allows UK citizens to stay in Spain for only 90 days within any 180-day period.

Authorities have started to take breaking the rule very seriously, and if broken, you could face fines or deportation. This has particularly affected second homeowners, as it no longer means extended stays in the country without applying for residency, which is a slow and complicated process.

The impact of the 90-day rule

Although many UK citizens are trying their luck with the 90-day rule in Spain, many are looking to sell their properties fast as it just isn’t worth it anymore with the new regulation.

Many property owners have been dealing with negative equity for years on their Spanish property, but this, in many cases, was overlooked because they could spend half the year there with no implications.

A huge wave of properties has hit the market, making it competitive to sell, which in return means many are selling under market value. Those who do get a sale are left with a shortfall to settle the mortgage, and Spanish banks are becoming aggressive by crossing borders to get what they are owed.

How can EU Property Solutions help?

Dealing with the fact that you no longer want your dream property in Spain can be hard, but there are options for dealing with negative equity.

Here at EU Property Solutions, we have over 20 years of experience dealing with negative equity and work closely with our Spanish legal team to get the best results for our clients.

When you have had a case review, our team will make a detailed plan to resolve the issue, and of course, we will be with you every step of the way.

Take the first step today by calling our team on 0330 124 1230 or email [email protected] to book a free, confidential case review.