Since 2008 Spanish Real Estate market has been on a deep crisis. Despite some real estate specialists understand that the property bubble still has not deflated, the truth is that the market shows early signs of recuperation.
Largely, this reactivation is due to the landing of foreign funds. As example, the US fund Lone Star has become almost the largest real estate of Spain. Some of the funds choose as vehicle for their incorporation in Spain the SOCIMI formula. This kind of legal company is quite new under Spanish Law, but widely used in other countries as UK.