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Category Archives: FAQ
What is CRU / Código de Registro Único?
The Código de Registro Único (CRU), also known as the Identificador Único de Finca Registral (IDUFIR), is a unique 14-digit number that is assigned to every property in Spain. It serves as a unique id ...
Continue reading What is a Contrato de Arras?
A Contrato de Arras is a contract under private law for the purchase or sale of real estate in Spain. In this contract, the buyer and seller reserve the property and define the most important conditio ...
Continue reading What is the Cédula needed for?
What is the Cédula needed for? The certificate of habitability, also known as the “cédula de habitabilidad”, is an official document issued by the Consell de Mallorca. It has a term of 10 ...
Continue reading What is the Plusvalía / capital gains tax?
When selling real estate in Mallorca, the so-called Plusvalía (capital gains tax) applies. This tax is levied by the municipalities and taxes the (notional) increase in value of the property – n ...
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