Articles

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Why USA citizens are moving to Costa del Sol for living?

During the recent years 2021, 2o22, and 2023, a high volume of USA citizens are changing their USA residence to Spain, being Costa del Sol one of the most popular destinations to reside. These are the main reasons: Lifestyle and Climate: The allure of the Costa del Sol lies in

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« Catastro Urbano » vs « Catastro Rustico »

« Catastro Urbano » vs « Catastro Rústico »: Understanding Property Classification in Spain When dealing with property in Spain, particularly in regions like Valencia, it’s crucial to understand the distinction between « Catastro Urbano »(Urban Cadastre) and « Catastro Rústico » (Rustic Cadastre). These terms refer to different types

Certificate of Habitation-Cedula de Habitabilidad-Licencia Segunda Ocupacion

Understanding the Certificate of Habitation (Cédula de Habitabilidad) in Spanish Real Estate: Andalucia and Valencia region The « Certificate of Habitation (Cédula de Habitabilidad) », also known as the « License of Occupation« , is an essential document in the realm of Spanish real estate, particularly when it comes to

Termination of Co-Ownership, or Extinction of Condominium on Spanish properties

Termination of Co-Ownership in Spain: Extinction of Condominium The Extinction of Condominium (EC), also known as Termination of Co-Ownership, is a legal mechanism in Spain that allows one co-owner of an indivisible asset (typically a property) to acquire full ownership by compensating the remaining co-owners. This type of transaction is

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Spanish mortgage- Embargo, Spanish repossession

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

Legalization of constructions-extensions-update deeds

[vc_row][vc_column][vc_column_text]It is really common in practice that owners of properties, after acquisition, have made new buildings on their properties, or new extensions. For example, a pool, a garage, an outside kitchen or toilette, or a second floor. When this happens, it is necessary to legalize these constructions with a two