ARTICLES

This is a small presentation of our Legal Assistance on the purchase/sale of properties placed in Valencia.  Valencia is a wonderful city. The most important service center in Valencia Region, and the fourth in importance and population in Spain. Together with the economical and industrial activity, with one of the  most important Mediterranean Commercial Ports,…

“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 user. This kind of owners is named “Nude owners”. The «Nude owners» are those…

The “Catastral Value” is a very important value which is calculated by the administration in each real estate in Spain. It is used to calculate Spanish tax like the IBI (Council Tax), and the IRPF (Income Tax), and others, as well as to calculate the FISCAL VALUE of the property in case of sales, for…

This is a small guide about the type of properties in VEGA BAJA. An area whcih covers properties placed in Ciudad Quesada, Algorfa, Benijofar, Catral, Almoradí, Benferri, Rojales, Benejuzar,  La Marina, Ciudad Quesada, Guardamar, Orihuela,  Redován, Callosa, Crevillente, considering the main legal aspects for conveyance, made by our lawyers. If you are interested to buy…

This is a small presentation of our Property Purchase Process service on properties placed in  Málaga, Torremolinos, Marbella, Manilva, Fuengirola, Estepona, Benalmádena, Alhaurín de la Torre ,   considering the main legal aspects for conveyance, made by our lawyers. If you are interested to buy or to sell a property placed in Costa Blanca South TLACORP…

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 in which they have been…

In previous reports, we were explaining the differences between URBAN LAND and RUSTIC LAND. In relation to URBAN LAND, we were explaining that this is a land in which it is authorized to build with determinate specifications contained in the “Development Plans” of the city or area (Plan General de Ordenación Urbana), or in specific areas…

This is a small presentation of our assistance on purchase/sale process on properties placed in TORREVIEJA-SAN LUIS-LA SIESTA-La MATA area. Torrevieja is a  wonderful  place, with spectacular valleys and high qulity beaches,  surrounded  by spectacular Salt-Lakes, with magnificent views and nature. In case you are interested to buy or to sell a property placed in…

This is a small presentation of our Property Purchase Process service on properties placed in  San Javier, Los Alcázares, Mar Menor, Cartagena, Sucina, Torrre Pacheco, Santiago de la Rivera, Lo Pagán,  considering the main legal aspects for conveyance, made by our lawyers. If you are interested to buy or to sell a property placed in…

When there are monthly payments on arrears, usually, there the Spanish banks give 2 solutions to execute an unpaid mortgage: 1.- Public Auction – Embargo Once a determinate number of non-paid monthly mortgage payments occur, the bank sue the property in the Courts, and open a seizure process. In this moment, the costs of the…

This is a small presentation of our Property Purchase assistance service on properties placed in Oliva and Gandía area.  With excellent communications and,  surrounded by spectacular valleys and nature. It is composed by beaches as: Terranova (Oliva) Pau Pí (Oliva) Aigua Blanca (Oliva) Aigua Morta (Oliva) Rabdells (Oliva) Les Deveses (Oliva) Playa Nord (Gandía) Playa Venecia…

If you buy a property in Spain, being married in some countries such as France, Belgium, Italy, Germany, Sweden, Canada, the United States, Latin America, etc., it is important to confirm the marriage status and the marriage system. Normally, there are two marriage systems: COMMUNITY OF ASSETS:  France, Germany, Belgium, Netherlands, Sweden, Switzerland, Denmark, Norway,…

Usually, there are 3 ways to rent a property: Short term rentals: This type of rent is for tourists who wish to use the property for tourism/holiday. This type of rentals must be registered in a special registry in Valencia, and one of the requirements is the certificate of habitation. Short term of stay: less…

QUESTION: I have a property in Valencia the villa is registered as urbaba but the land is registered as rustica, so what is it Urban or Rustic. TLACORP ANSWER: From which we understand from your email, you would like to know what is the classification from your property when you have two kinds of registries,…

Rural land is the one in which only  farming, forest and nature activity may be developed. So, purely, touristic activity is not approved. So,  when a Casa Rural, or B&B, or Camping is projected in this land it is required to get the special approval at the local and regional administration where specifically allow to…

Cédula de habitabilidad – Certificate of habitation – License of Occupation Certificate of Habitation – C.H. (Cédula de Habitabilidad or Licencia de Primera o Segunda Ocupación). This is a document which resumes the confirmation from the Town Hall that the property is ready for habitation, and it is applied once the property is finished with…

Opening a bank account in Spain requires of special procedures. A few years ago, opening a bank account in Spain was relatively simple. Bank accounts could be opened from abroad without the presence of customers in Spain. Lawyers, through power of attorney, were also authorized to open bank accounts in Spain being no necessary the presence of…

Is the house insurance obligatory? As difference with CAR INSURANCE, where insurance is OBLIGATORY, in respect of houses getting insurance is VOLUNTARY. Although “voluntary”, getting house insurance is highly recommendable, not only to cover eventual risks of robbery, inundation, fire (as the recent unfortunate case in Javea and Benitatxell- We make the best use of this report to…