|
Return to Conveyancing Guidelines |
Print friendly version
 |
THE
PURCHASING PROCESS
Other
Expenses
Other costs that you should bear in mind
when considering a property purchase in Spain are as follows:
-
º
Bank fees & Mortgages fees
-
º
Legal fees for making a will in Spain
-
º
Connection charges for water, electricity & telefone
-
º
Insurance of your property and its contents
-
º
Fiscal advice and representation
-
º
Representation in negotiations with your prospective
Residents’ Association (Comunidad de Propietarios)
PREV. NEXT
|
|
The
Purchasing Process
1. Finding a Property.
2.
Real Estate Agents.
3. Choosing a Lawyer.
4. Negotiating the purchase.
5. The Reservation Contract and Deposit.
6. Exchange of Private Purchase Contracts.
7. Completion.
8. Registry.
9. Special Considerations when buying
Off-Plan.
10.
Fees when buying.
11.
Taxes when buying.
12.
Other Expenses.
13.
Differences between the contract price & the amount actually paid.
Selling
1. Real Estate Agent & Lawyer.
2. Fees when selling.
3. Taxes when selling.
Charges Taxes &
Expenses for Property
1. Service Charges in Communities.
2. Annual Real Estate Tax. ( IBI )
3. Rubbish Collection Tax.
4. Capital Assets Tax.
5. Property Owners’ Imputed Income Tax.
6. The Tax Returns.
7. Insurance.
8. Mortgages.
Other Legal
Matters
1. NIE – Identification number.
2. Open Spanish Bank Account.
3. Making a will in Spain.
4. Inheritance Tax.
5. Investment Opportunities on Spain.
|