Acquire your property with the guidance of our solicitors: legal representation is essential in Spain when buying or selling real estate.
The process of purchasing or selling a property involves multiple parties, including the seller, their legal representative, real estate agents, accountants, a notary public, the registrar, utility companies, the local town hall where the transaction takes place, banks, and in some cases, local courts, regional authorities, and even the seller’s neighbors, who may have a say in the matter. For this reason, having a qualified conveyancing solicitor is crucial throughout this process.
Conveyancing services: securely buy property in Spain
Our solicitor will ensure all parties are properly coordinated and will conduct thorough investigations to confirm that the property is purchased free of any prior charges or liabilities that could incur additional costs or diminish its value. Our conveyancing services include:
- Conducting all necessary searches regarding the legal status of the property and the developer/vendor, informing buyers of any issues discovered that could affect their decision or the purchase conditions.
- Performing a comprehensive property survey to assess the physical condition of the property, identifying any structural issues, repairs, or maintenance needs. This step is vital to avoid hidden defects that could lead to significant extra costs or impact the property’s overall value.
- Negotiating and agreeing with the vendor(s) and/or their lawyers on the terms and conditions of the purchase, ensuring compliance with current laws. If the vendors are non-residents in Spain, our solicitor will ensure that any amounts paid prior to completion are safely held with a resident party, preferably in the vendor’s lawyer’s account.
- Preparing all necessary documentation at the Notary Public for the completion of the purchase or any related preparations, such as drafting Powers of Attorney for individuals abroad (duly legalized and translated), granting authority to specific individuals to act on behalf of the buyers.
- Assisting in the completion process and ensuring that title deeds are properly registered with the relevant local Land Registry, confirming that the property(ies) are free from all charges and encumbrances, as well as from occupants and tenants, and managing the payment of the relevant taxes associated with the purchase.
- Obtaining the NIE (Número de Identificación de Extranjeros), or foreigners identification number.
If you require our services as experts in conveyancing, feel free to contact us!