Which legal document is essential for starting a coliving project in Madrid?

The Licencia de Actividad, or Activity License, is crucial for starting a coliving project in Madrid because it grants official permission to operate a specific type of business or activity on a property. This document ensures that the project complies with local zoning laws, safety regulations, and other municipal requirements that govern how a space can be used.

In the context of a coliving project, which typically involves transforming residential spaces to accommodate multiple tenants and often includes shared amenities, obtaining this license is vital for legal operation. Without it, the business may face fines, orders to cease operations, or even legal challenges from the municipality.

While a building permit is also important, it focuses primarily on the construction or renovation aspects of a property, ensuring that the physical modifications are allowed and meet safety standards. The property title deed verifies ownership but does not address the operational requirements of the coliving business. Lastly, a lease agreement is necessary for tenant arrangements but does not fulfill the legal requirements to start the project itself. Therefore, the Licencia de Actividad is the essential document that initiates and legitimizes the business endeavor in this context.