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Professional Advice

Pregunta al Administrador: Complejo Inmobiliario

I am owner of a house located within a large complex in Valencia. My question is if the Horizontal property law applies to this type of developments or if they are governed by a different regime

Montse P.

Administrador:  Juan L.

Indeed, the Horizontal property law shall apply to private real estate complexes, known as urbanizations, when they meet the following characteristics:

–         Be composed of two or more separate buildings each other, being their main destination houses or comercial sites.

–         The owners of these houses or premises participate, with character inherent to their property rights, in an indivisible ownership over other elements of the real estate, roads, facilities or services.

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