Difference between Turistico Licence & Habitation Licence

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

Impey

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.

 

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

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,

Maria,

Thank you very much for the info.

Impey

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,