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“Usufruct” is the right to enjoy, use and obtaining profit and rent from a property. “Bare ownership” is the right of property ownership which remain after the usufruct, and that does not give the right to use or to dispose on it while the usufruct right exists. On many occasions
USUFRUCT IN SPAIN FOR REAL ESTATE AND PROPERTIES “Usufruct” in a property ownership is the right to use and benefit from a Property not being the owner. It is like being the tenants but not paying any rent. So, the owners of the property are different people from the
(English versión translated from the original in Spanish at El Pais ) These days the buyers of one of the promotions of flats under construction on Maricara Street, in the neighbourhood of Butarque (Madrid), have an important appointment. Perhaps the most important of the last 24 months is worth entering
For many years now we have been experiencing a series of legislative reforms, and essential changes in the way in which the process of obtaining mortgages in Spain has been developing historically. Spanish banks have been subjected to great stress when it comes to legally confirming the positions and conditions
This is a process done in front of a Spanish Notary, who will prepare the deeds of the house over the pre-existing land or plot. To make the D.O.N. for new houses, it will be necessary to obtain the Certificate of Habitation (CH) from the new Spanish Regulations of 2007
Purchases of properties to foreigners increased again in 2018 with respect to the year 2017 in the whole Costa Blanca – Alicante. It has been reached the number of 23,000 sales, representing an increase of 7% compared to 2017. (source: Información – Alicante Newspaper). It seems that the adverse international
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