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A comprehensive practical guide to buying a property in Spain

1. Introduction

Buying a property in your own country,no matter for what purpose,is always a complex subject. Every step you take is important and may involve several different issues at the same time that need to be dealt with. Parties will probably have to enter into negotiations several times during the whole process to discuss specific terms or new issues arising out of the transaction. Furthermore you may not know the meaning of some legal terms or may not be able to understand some of the formalities that need to be followed.

Buying a property abroad is even more complicated when you are not familiar with a country īs culture,its law and the different ways of doing business.If you always seek professional advice in your own country,it makes even more sense to seek professional advice in a foreign country.

Although there is no obligation to use the services of a solicitor in Spain,we strongly recommend you seek legal advice before you commit to buy a property in Spain. The whole process of buying property in Spain involves different legal procedures and administrative paperwork, which is sometimes unclear,or difficult to understand by an inexperienced person. Therefore,it is safer and more convenient to be guided by local professionals who have the necessary skills to deal with every single aspect of your particular transaction,and can provide you with sound advice as to the best possible way to deal with such an important investment.

1.1. Disclaimer

We hope that this guide will be of some assistance when you decide to buy a property in Spain.The information contained herein is brief and intended as a general guide.We try to explain in plain English,most of the steps to be undertaken in a purchase transaction in Spain and try to cover most topics of interest to you. However,its approach is essentially practical and simple.It does not pretend to be a detailed perspective of Spanish Property Law and should not be relied upon without taking legal advice on issues that are specific to your particular transaction.


Introduction | Disclaimer | How to find a property in Spain | Selecting the right property | Property types | General hints when looking for a property | Buying a re-sale property | Making an offer | Preliminary searches | Preparing and exchanging contracts | The purchase contract |Completion | Post completion | Buying a new built property | The law| The purchase process | The deposit | The purchase contract | Buyers rights |Unfair clauses | Building construction guarantees | Purchasers rights to obtain information | Advance payment guarantees | Completion | The purchase of a plot of land | Planning permission | The legal process | The building process | The architect and the builder | Completion | General taxes and expenses | The taxes | The purchase expenses | Annual taxes | Property owned by a non resident company | Yearly costs | Mortgage finance | Conclusion

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