New build declaration; what is it and what is it for?
The New Build Declaration (or Declaración de Obra Nueva) is an essential procedure in the real estate sector that allows the construction of a building or dwelling to be formalised in the Property Registry, putting everything in legal order. This process is important not only for the construction of new homes, but also for large, major renovations and/or extensions. In this article, we explain exactly what it entails, why you need it and when to apply for it.