Buying property is one of the most important decisions in life for most people. A real estate lawyer spain can guide you through the entire process to make sure your investment is secure. The legal advice you receive will also help avoid problems in the future. Depending on your circumstances, you may want to consider buying an apartment or a house in Spain. This article explains the process for foreigners and how to find the best real estate lawyer in Spain.
If you want to buy a home in Spain, you should start by researching the market and culture in your new home country. You should also get a NIE (Nmero de identificación extranjero) number and open a bank account in Spain. This will help you pay taxes and fees when you buy a property in Spain.
Before you purchase a property, it is important to check the title deed of the property and the characteristics of the building or land. During the legal investigation, your real estate lawyer in Spain can verify these facts and also look for outstanding debts that would be transferred to you as the buyer. The legal investigation can also check if there are any legal proceedings against the property or the owner. It can also check if the property is subject to a mortgage or has any charges, liens, or loans against it.
After the purchase is complete, your real estate lawyer in Spain will register your ownership at the Cadaster and at the Land Registry. This will allow you to use the property and receive rental income from it. The lawyer can also advise you on tax rules for property and rental activities in Spain.
Purchasing a real estate in Spain is a long process and requires careful planning and preparation. You can save time and money if you consult a real estate lawyer before you begin the process. This will ensure that all steps are followed correctly and you avoid potential problems.
PELLICER & HEREDIA has a substantial team of real estate lawyers who are well-equipped to advise on the full spectrum of real estate transactions, including domestic and cross-border matters. Jesus Varela, who heads the practice, advises real estate investors, funds and developers on complex and ordinary real estate deals, while Ignacio Anton specializes in hotels, Orson Alcocer advises clients on NPL portfolio trades, and Alejandro Osma is experienced in sale-leaseback and joint venture transactions.
Real estate laws in Spain vary widely from region to region, but all of them require the signature of a public deed. This is called a “nota simple” and takes place before a notary public. Our real estate attorneys will prepare all documents, checks and other requirements for the final purchase deed, ensuring that you can sign the deed without any delays. They will also take care of all necessary steps such as obtaining a notary seal, certifying the deed, and proceeding to register it in the Registro de la Propiedad.