THE PURCHASING PROCESS

Choosing a Lawyer

A lawyer can give you useful advice from the very beginning of the purchasing process. Your lawyer will make enquiries to ensure that all the parties involved, including the seller or developer, are acting legitimately. Later, he will take the necessary measures to guarantee that all the Spanish legal requirements are met and that the property is free of any encumbrances or liens that could affect your use of the property. He will also check that there are no outstanding debts for local taxes or service charges attached to the property.

It is not compulsory to contract a Spanish lawyer, but using a lawyer from your home country will probably result in a substantial increase in your legal fees and usually delays completion considerably, as they would not know the Spanish laws and process to follow.

If you do not have a lawyer in Spain a member of our legal team would be happy to guide you through the whole purchasing process.

PREV.     NEXT

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.

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