Cadiz Centro
Funding target: €44 K
Estimated annual return: 7%*
Link: https://recc.finance/projects/17
A public deed of sale was executed before a notary in Cádiz in February 2025, formalizing the purchase of an urban property located in the city center of Cádiz. The transaction was completed between a private seller and a limited liability company operating in the real estate sector.
Property Details
The asset is a second-floor apartment occupying the entire level of a building on Calle Cobos, Cádiz.
The total built area is approximately 85 square meters.
The property is part of a historically protected building under Cádiz’s General Urban Development Plan (PGOU), and therefore exempt from the obligation to present an energy efficiency certificate.
The unit is free of charges, encumbrances, tenants, and debts, with all community fees and municipal taxes up to date at the time of purchase.
The document includes the property’s cadastral reference and registration details.
Transaction Terms
The sale was executed free of liens or encumbrances, with all payments verified and registered before the notary.
The buyer acted through a limited liability company (S.L.U.), represented by its legal administrator.
The payment was completed through bank transfer and certified check, both authenticated and attached to the notarial record.
The notary confirmed the legality of the transaction and compliance with corporate and financial regulations.
Taxes and fees derived from the transaction were distributed according to Spanish law.
Legal and Fiscal Provisions
The notary was authorized to notify the corresponding municipality of the transaction for capital gains tax (plusvalía) purposes.
Both parties granted mutual power of attorney to correct or amend the deed if required for registration without altering its substance.
The deed includes standard legal warnings regarding liability for community expenses and real estate taxes.
The handling of personal data complies with Spanish and European data protection laws (LOPDGDD and GDPR).
Registration and Completion
After the deed was read and signed, the notary certified the identity, legal capacity, and free consent of both parties. The transaction was electronically submitted to the Property Registry, where it received its official entry.
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