Buying a property in Spain
We want to help you to understand the importance of having a separate gestor when Buying a property in Spain. You must be sure you buy a property legally built, with not debt and you pay the fewest tax
The first thing you need to know when buying a property in Spain is the Spanish Conveyancing process in Spain can be quite different from other countries in Europe, like England. This is the reason why we recommend you to have a separate lawyer or gestor that represent you in the whole transaction.
We help you in the whole process, not only drawing up the House deeds, but we also provide you with a full conveyancing service that optimizes your fiscal situation. We will see the way to you pay fewer taxes when buying a property in Spain.
Steps for the purchase of a property in Spain
We are experts in real estate matters and property purchases in Spain. We will be with you in the whole process and will explain each step to you and make sure that all the correct procedures are followed.
Let us accompany you on this new Purchase process and help you with all the legal intricacies that come with buying a new property and conveyancing Spain.
If you are thinking of buying a house in Spain, please do not hesistate to contact our firm.
1) Before buying a Property: Preparing the purchase
We will help you with the bank problems you could have, and find the best Spanish firm for your particular situation.
POWER OF ATTORNEY
If you are not sure if you will be or not in Spain to sing the deeds, we will prepare a POA to make the whole purchase on your behalf, while you are at home.
Probably if it is your first house in Spain you don’t have a fiscal identification number, we can easily help you to get one.
PRIVATE PURCHASE CONTRACT
Draft or review a pre-agreement. We will prepare, review, explain and advise you all the condition and terms of the private purchase contract.
VERIFICATION OF OUTSTANDING DEBTS OR BUILDING VIOLATIONS
We will confirm that your new property is purchased free of any previous debts or building violations and other possible issues.
CHECK OF THE PROPERTY HOMEWNERS
Verifying that the property actually belongs to the seller or that the seller has a legal authority to sell it.
2) During the buying process: Completing your purchase
TAXES AND FEES
We will calculate the taxes and the fees, to make the payments on your behalf (legal and notary fees, fees of the property registry and taxes as: “property transfer tax” or “municipal tax on property sales”).
REGISTRATION OF THE DEEDS
Once the property has been purchased we will register the deeds to prove than you are the new legal owner of the property.
We will check the deeds at the notary and sign on your behalf our we go with you to translate. The process finishes when sales Contract is signed by both parties in the presence of a Public Notary
3) After the buying process: after selling services for new owners
TRANSFER OF ALL UTILITY CONTRACTS
We will make sure water, electricity, gas, community of owners and council tax are correctly changed into your name.
TAXES IN SPAIN
Once you have a property in Spain, you will need to pay taxes yearly. You will need someone to help you and guide you.
FREE INITIAL CONSULTATIONS IN
- Inheritance and wills
- Deeds of dissolution
- Cancellation of the mortgage
- Sale of the property
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