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Buying a house in Spain

If you are thinking to buy a house in Spain, or already have acquired a construction, you have to know your rights before to sign any document. In essence you must check some documents:

A) The constructor-promoter must give you a copy of the approved Technical Project  construction, as well as the Town Plane Certificate showing that they have fulfilled all legal requirements.

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   4. That a Bank guarantees the paid amounts by you during the house construction period.

   5. He/She will inform you about taxes, costs, possibility to ask back part of the capital gain taxes that you have paid.

   6. He/She will also inform you about NIE (foreigner identification number) and about the suitability or not to be Spanish resident.

Therefore it is important to have an independent lawyer to advice you legally and also to check the fulfillment of all these purchasing rights. You should specially consider that the costs of a lawyer that guarantees you 100% the process does not suppose more than 1% of the investment.

   1. He/She is going to concrete that the refected amount is the house total price.

   2. That appears clearly the useful total surface, not only the constructed one.

   3. That it contents a handing over time of the house.

TP LAWYERS is specialised in this kind of business. If you still have questions or doubts about this information after reading it, please do not hesitate to contact us using our “on-line” free advice tool. A lawyer will answer you by mail as soon as possible.

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B) Nota Simple Informativa. This is an important document from the Land Registry proving that they are really the owners and there are no charges.

C) Transaction Contract (previous to Tittle Deed). It must be reviewed by a lawyer who advises you on possible and, unfortunately frequent, breach of the law by constructors-promoters or real state agencies. Some advantages to be assisted by a lawyer are: