Licenses:
License for apart-hotel use (apartamentos turísticos)
License for major construction works (licencia de obra mayor)
Architectural project number: project approved; payment of construction tax required for license issuance
Project implementation budget: €1,650,000 (construction and installation works, not included in sale price)
Technical & Architectural Details
Type of property: Apart-hotel building (Edificio Apartamentos Turísticos)
Current status: Building with a new construction project (nueva planta) — not a reconstruction
Functional layout:
Ground floor — reception, restrooms, storage
Upper floors — apartments with balconies
Central staircase and elevator
Zoning: Fully classified as commercial (terciario), with no residential units
Safety system: Project includes fire safety design, independent utilities, and fire-protected zones
Parking: Not included in the latest project version
Construction: Not started; buyer selects their own contractor
Legal Status:
Registered structure: 11 individual units within a single building (2 commercial premises + 8 apartments + 1 penthouse (ático))
Land ownership: Shared ownership among unit holders (proportional shares according to participation coefficient)
Nota Simple: Registered; división horizontal (horizontal property division) completed
Transaction Structure & Taxation:
When purchasing the company (100% shareholding): transfer of company shares (Sociedad);
VAT (IVA) does not apply, as the operation is treated as a financial transaction.
When purchasing the asset directly:
The property is subject to VAT or a property transfer tax, depending on the buyer’s structure.
Legal assistance is recommended to optimize taxation.
Included in price: Property + licenses + approved project
Not included: Construction tax and implementation costs
Project Stage:
Architectural project approved; license ready for issuance upon payment of the construction tax
Construction works not yet started
Full project documentation and drawings approved by the municipality
Quick start possible — once licenses are reissued in the new owner’s name