I want to sell my car

The property that you are interested in buying is a "hotel/apartment" or better to say, a unit of a "hotel-apartment".

The hotels-apartments are included in the group of "tourist accommodation", regulated by the Spanish law 12/1999 of 15^th December, of Tourism.

The hotels-apartments are those establishments that fulfilling the demanded requirements for the hotels, they even have the appropriate and suitable facilities for the preservation, production and consumption of food and drinks inside of each accommodation unit, that is to say, kitchen and electrical appliances.

The hotel-apartment is object of the Horizontal Division, therefore each integral apartment of the hotel could be registered at the Land Registry as independent property and under the name of its legitimate owner.

Therefore, each apartment of the hotel could be object of selling to different investors or private individuals.

The exploitation of the hotel-apartment (condition that all the owners are obliged to follow continuing the whole year), could correspond to a company (independent or to the community of owners).

The investor/owner of each unit of the "hotel-apartment" sign a rent contract with the Exploitation Company or management, according to which the owner will receive an income for the months that the apartment is rented.

The investor/buyer is obligated to allow that his apartment is rented during a fixed months of the year (which could be agreed with the management company), therefore you will receive an income (deducting the community’s expenses of the hotel).

During the months that the apartment is not rented, according to the agreement signed, they could be enjoyed by the investor/owner, as the rest of the hotel’s services, which are inherent to the complex and which don’t enjoy obviously other properties.

The conditions, amounts, expenses, etc, are not possible to be commented as they are fixed by means of agreements between the owners and the Management Company or community of owners.

On the other hand, we will much appreciate if you confirm us the following points as soon as possible:

1. Will you cancel de Private Purchase Contract and recover the payments paid?.
2. Will you follow with the purchase and proceed with the signing of the Deeds?

Will you hand over the property rights before completion (in this case you will need to find a buyer, declare all the funds which you will receive from the transaction and pay the taxes of the cession.