Whether you are going to buy or sell a property, the cadastral reference will emerge as a crucial concept that you must understand and appreciate its usefulness. Undoubtedly, this constitutes a fundamental element in the real estate sector in Spain. This is a unique alphanumeric code assigned to each plot or property, which serves for the precise and univocal identification of a property. The compression of this data is essential to carry out real estate operations, comply with tax obligations and manage various activities linked to property.
Therefore, before buying a home, before selling it or when carrying out any other transaction on a property, you must have this reference on hand. It is likely that, initially, you are not sure where to get it or understand its usefulness. However, the process is simpler than you imagine. In this article, we will focus on helping you understand what the cadastral reference entails, how to locate it and what its real function is.
What is the cadastral reference?
The cadastral reference consists of a 20-digit alphanumeric code that uniquely identifies a property within the Spanish territorial area. Each plot, building or real estate unit has its own code, thus facilitating its identification throughout the country. This reference is managed and assigned by the General Directorate of Cadastre, an organization attached to the Ministry of Finance, in charge of maintaining an updated record of all properties in Spain.
How to find the cadastral reference of a property?
Finding the cadastral reference of a property is a simple process. In fact, there are several ways to obtain this information:
Real Estate Tax Receipt (IBI)
The reference generally appears on the IBI receipt, which is the tax paid annually for the property. This proof is issued by the corresponding city council and covers specific details about the property, including the said code.
Electronic Headquarters of the Cadastre
The Cadastral Registry offers citizens an online utility through its Electronic Platform, where you can consult the cadastral reference of a property. You only have to enter the address or identifying details of the property, and the system will provide you with said information.
Cadastre Office
If you prefer in-person attention, you have the option of going to a Cadastro office, where officials will help you find the reference of your property and answer any questions you may have.
Notary or Property Registry
When you carry out a transaction to purchase or sell a property, both the notary and the property registry where the operation is formalized will also have access to the cadastral reference corresponding to the property in question.
What is the cadastral reference for?
Its existence is justified by its concrete usefulness. In fact, as we have already pointed out, it will not only be necessary for the purchase or sale of a property, but also for various procedures related to a property. Therefore, it is essential to understand that the cadastral reference fulfills various functions:
The cadastral reference in the payment of taxes
The cadastral reference is essential to calculate and pay taxes related to the property, such as the IBI and other local taxes.
Real estate transactions
The process of buying and selling real estate is used for the identification and verification of the property, guaranteeing the absence of confusion or errors in the transaction.
Property registration
In the Property Registry, it is a crucial element to record changes in ownership and liens on the property.
Obtaining certificates
You have the option of requiring cadastral certificates that contain detailed information about the property, useful in legal and administrative procedures.
Municipal administrations
Municipal authorities use the cadastral reference to administer urban planning, tax collection and other matters related to the property.
The cadastral reference for real estate valuation
Property appraisals and valuations use the reference as one of the essential data to determine the value of a property.
As you can see, the cadastral reference plays a fundamental role in property management. It simplifies tax administration, ensures security in real estate transactions and is positioned as a crucial tool in the field of Cadastre and real estate property in general terms.
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