Leasehold

Leasing in Spain – Commercial Property and Leasehold

If you already live here you might have heard the term “premises”, likely you might of seen advertisments or notices on the building themselves for the chance to own or run a successful business on the Costa del Sol. For those abroad wishing to buy a premise or lease one, it is of course advisable not only to use the services of a reputable real estate agent who fully understands the ins and outs of commerical Property and leasing in Spain, but who also knows the área in which you might be interested.

What is a leasehold?

Simply put, A leasehold title on a comercial property means you will not own the property but just be given exclusive possession of the premises for a fixed or periodic term as a tenant. Whether or not you are able to assign (sell) your lease to a third party, or to move out of the property before the end of the fixed term, will depend on the terms of the lease and the consent of your landlord.

Check out our Freehold Commercial Properties for sale.

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