MadridBarcelonainfo@velardevidal.com
Legal & Tax firm
Spain · since 2023
V&V Velarde & VidalLegal & Tax
HomePractice areasCorporate real estate
Practice 08

Corporate real estate

In corporate real estate the risk is rarely in the deed: it sits in planning law, in the contracts that travel with the asset and in what due diligence did not look at. Our job is to make the asset worth what the paper says.

We advise investors, developers and corporates on asset deals, development, commercial leases and real-estate disputes across Spain, in English and Spanish.

§ I

When clients call us

Buying or selling assets

Buildings, portfolios, land and income-producing assets, financed or not.

Development projects

Land, permits, construction and commercialisation.

Corporate leases

Headquarters, logistics and retail: negotiating the contracts that matter.

Foreign investors

Structuring Spanish real-estate investment with tax and FDI analysis.

Real-estate disputes

Sale-purchase breaches, defects, rents and commercial evictions.

§ II

How we work

01

Asset analysis

Due diligence aimed at price and conditions, not at listing paper.

02

Structure

Vehicle, tax and financing decided before the offer.

03

Negotiation

Sale or lease contracts with risks allocated precisely.

04

Closing

Notary, registry and post-closing, with the calendar under control.

§ III

Track record

Anonymised for confidentiality; results illustrative.

Portfolio acquired

Logistics portfolio bought for a European investor: due diligence and closing in nine weeks.

Anonymised · illustrative
Rent renegotiated

Headquarters lease renegotiated with material ten-year flexibility and savings.

Anonymised · illustrative
Land unblocked

Stalled residential development steered through its permitting deadlock.

Anonymised · illustrative
Defects claimed

Construction-defects claim on a newly acquired asset settled without trial.

Anonymised · illustrative
FAQ

Frequently asked questions

What does serious real-estate due diligence in Spain cover?
Four layers: title and charges at the Land Registry; planning status and permits; the contracts travelling with the asset (leases, maintenance, insurance); and technical and environmental contingencies. The consequence: most expensive problems in a Spanish real-estate deal existed before the purchase and were detectable — due diligence is the difference between a price and a surprise.
How free are commercial lease terms in Spain?
For premises other than housing, the parties' contract largely prevails, with the statute acting mostly as default rules. The consequence: in corporate real estate the contract is nearly everything — term, rent review, works, assignment, guarantees — and every badly negotiated clause is paid for over years. Negotiating well at signature is cheaper than litigating at exit.
Can a foreign investor buy Spanish real estate freely?
Generally yes, subject to practical requirements (tax identification, documented funds, the sector's AML duties) and — for singular assets linked to strategic sectors — a check under the foreign-investment regime. The consequence: the purchase is routine, but the structure — direct or corporate, financing, tax — must be decided before the offer; changing it afterwards costs taxes.

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  • Advice in English or Spanish
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