Process of Expropriation in Spain. Can your Spanish property be expropriated?. How?
Expropriation in Spain: Legal Framework, Process, Compensation, and Reversion Rights Expropriation is legally defined as the process by which a public authority acquires private property without the owner’s consent, provided that such acquisition is justified by the purpose of public utility or social interest and subject to fair compensation. In legal terms, few state […]
Usufruct in Spain when buying properties
Usufruct in Spain when buying properties De”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 […]
“Usufruct” in Spain – Right to use the property
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 user. This kind of owners is […]
Buying a house in Spain with mortgage- Power of attorney?
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 […]
Tourist License in Valencia region. Registration process
Types of Property Rentals in the Valencian Community If you’re planning to rent out your property in the Valencian Community, it’s important to understand the differences between the main types of rental contracts and their legal and tax implications. 🔹 1. Tourist Rental (Alquiler Turístico) Definition:Short-term rentals aimed at tourists and holidaymakers. Duration:Typically stays of […]
How to set up B&B – Camping – Hotel in rustic land Valencia
How to Set Up a B&B, Camping, or Hotel on Rustic Land in Valencia Understanding Rustic Land Regulations in Spain In Spain, rural or rustic land is primarily reserved for agricultural, forestry, or environmental use. This means that commercial and tourism-related developments, such as Bed & Breakfasts (B&B), rural hotels, or campgrounds, are generally […]
2018 – A GOOD YEAR TO BUY PROPERTIES IN SPAIN?
Prospects for the real estate market of the year 2018. 2017 was a good year for the real estate market. We are witnessing price increases, increase of new construction and buildings, and growth of the number of new mortgages (favoured by of low interest rates – mortgages). Construction sector has increased its contribution to Gross […]
Do I need to open a bank account when buying in Spain?
One of the most important points when buying a property in Spain is to open a bank account in Spain. Is this obligatory?. Before or later, is necessary to open a bank account in Spain if you decided to purchase a Spanish property. It will help you to pay and settle payments for utilities, local […]
CERTIFICATE OF ENERGY EFFICIENCY – NEW REGULATION FOR SALES IN SPAIN FROM 01/01/13.
The next 1st of January 2013 will enter in force a new law which will affect to ALL the sales of properties in the Spanish market. So, affecting the whole Spanish territory (it is a natioanl law). And, when we say sale of ALL properties, we include sales of NEW properties and RESALES, and placed in URBAN as well […]