Help with buying a property in Spain can be hard to find. Purchasing a property can often seem like a daunting process. Our team assists so that you, the client, can relax in the full knowledge that the process will be made as easy and stress-free as possible.
From double checking the legalities of the property purchase to providing advice and contracts between both parties and translation in the Notary, Spanish Solutions will accompany you at every step of the way.
Our service includes the following aspects:
HOUSE PURCHASE
With mortgage
Notary Appointment Preparation (All Paperwork)
Liaison with Seller’s Solicitors
Nota Simple (Land Registry check up)
Translation in Notary
Transfer of all Utilities Contracts
Fiscal Representation throughout the transaction
Without mortgage
Notary Appointment Preparation (All Paperwork)
Liaison with Seller’s Solicitors
Nota Simple (Land Registry check up)
Translation in Notary
Arranging Purchase Tax Payment
Arrange Payment of Registration Fees and Notary Honours
Collection of Title Deeds from Notary
Register Property at Land Registry
Fiscal Representation throughout the transaction
Transfer of all Utilities Contracts
HOUSE SALE
Spanish house sales still need a lot of paperwork to be done and we assist with the following:
Preparation of Utilities Contracts, Community Charge
and Suma Invoices
Liaison throughout the transaction with Purchaser´s Representatives and Notary
Preparation of Notary Appointment and all related Paperwork
Accompany you on day of the Sale to the Notary
Translation at the Notary
Calculation of 3% Retention
Calculation and Advice re Capital Gains Tax
Fiscal Representation throughout the Process
Calculation of Plusvalía
We provide a professional friendly conveyancing service and ensure that the Spanish legalities of house buying and selling are dealt with properly and efficiently.
If you wish to use our property services, contact us for more information. (Please note that this service is subject to location, as sometimes it may not be in your best interests to use a firm on the other side of Spain from the property that you are purchasing.)
COSTS
COSTS OF BUYING The costs of buying a house depend on whether the house is a new build property or a re-sale. In all cases, on top of the purchase price, you will need to pay the Notary Fees and Registration. Then taxes are due dependant on the house type, as detailed.
NOTARY FEES This is the charge that the Notary will make for the Purchasing/Selling process and paperwork. This covers the printing and amending of the Escritura (Title Deeds) and the Notary witnessing the signing of it.
REGISTRATION The Land Registry will make a charge for the registering of the change of ownership details of the property.
IMPUESTO DE TRANSMISIONES: Re-Sale Properties This is calculated at 10% of the value of the house as stated on the Escritura (Title Deeds), for Re-Sale Properties only.
IVA: New Build Properties IVA is paid directly to the builder, either in stages with the payments, or at the final payment and is at the rate of 10%.
ACTOS JURIDICOS DOCUMENTADOS: New Build Properties This is a tax levied for the administration involved in the registration of new build properties. It is calculated at 1.5% of the value of the house as stated on the Escritura.
Please let us know if we can help you.