Difference between Turistico Licence & Habitation Licence

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04 Mar 2007 12:00 AM by Impey Star rating in London/Playa Flamenc.... 82 posts Send private message

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Hi, can anyone explain the exact difference between a Turistico Licence and Habitation Licence?  Thanks.

Impey




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04 Mar 2007 4:43 PM by jerezgirl Star rating in Jerez de la Frontera. 43 posts Send private message

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I´m sure there are more knowledgable people than me here, but I think a Turistico property is one that is licenced for economic purposes (eg, a hotel, or apartment for rent).  You are not supposed to reside in these properties, nor have them solely as a holiday home. 

That said, however, like most things in Spain this Turistico classification is usually totally ignored and people use the apartments for whatever they see fit - eg, full time residence.

You are supposed to pay 16% IVA (the full commercial rate) on the purchase price and banks are supposed to only lend up to about 50% of the value of the property.   In practice neither usually happens.

 




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05 Mar 2007 6:06 PM by Smiley Star rating in San Pedro de Alcanta.... 2502 posts Send private message

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Broadly speaking Jerez Girl you have got it about spòt on - some banks will lend more - a lot wont lend at all and a lot depends on what is on the N Simplé

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05 Mar 2007 9:02 PM by mariadecastro Star rating in Algeciras (Cadiz). 9419 posts Send private message

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A touristic apartment is built on turistic land where residential proerties are forbidden.  They are usually marketed with full furnitures, front desk services, laundry utilities...MAny developers use this " illegal game" to sell touristic units as residential apartments ( at residential prices). You will end up having a property with a touristic affection by which you legally need to put it in the market for a certain period of time a year.

If you want to buy a touristc aparment take into account taht you need to be offered of a " touristic explotation contract" together with the purchase contract.

My only advice: be sure on what you want, on what you are buying and be careful!

Best,


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Director www.costaluzlawyers.es

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06 Mar 2007 2:44 PM by Impey Star rating in London/Playa Flamenc.... 82 posts Send private message

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Maria,

Thank you very much for the info.

Impey




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08 Mar 2007 11:02 AM by FibbyUK Star rating in UK, Surrey & Playa F.... 2349 posts Send private message

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Hi Impey,

Are you having problems with the purchase at El Rincon then?

Just wondered, as I know there is a problem getting the habitation licenses for one of the phases, or have you been told they will be touristic licences?

Regards,


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Check out my website:

http://www.payingtaxesinspain210form.pwp.blueyonder.co.uk/

 




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