Buying or selling a property in Spain, as well as being a process full of excitement and plans for the future, whether for a golden retirement or to spend some of the best summers you will ever remember, can be very stressful.
The Spanish administration can turn all the paperwork and red tape into a bureaucratic maze. And even more so if the operation is attempted from abroad.
In any case, but especially in this second case, when the person who is going to buy or sell the property from abroad, it is advisable to have the help of specialised professionals to ensure that the procedure is carried out correctly at all stages.
Below, we explain the reasons why a solicitor can be your best ally.
Buying a house in Spain
Regardless of whether the property you are buying is newly built or second-hand, it is important to have professional advice.
The purchase process, beyond the contract itself, involves a whole series of formalities such as preliminary title searches at the start of the process, as well as the completion of the presentation of documentation once the sale and purchase has been confirmed and the transfer has been stamped.
The same applies to the necessary formalities at the Property Registries or local Town Halls, as we must, amongst other things, ensure that the property is freehold, and that the First Occupation Licence has been duly issued.
At the same time, it is necessary to carry out a thorough check to ensure that there are no unpaid tax or utility bills, or community charges that could be transferred with the property and affect the new owner financially.
As you can see, buying a house is by no means simple, with the necessary paperwork in the various local administrations, so, in addition to the language and the complexity of the process itself, distance can be a real handicap.
Selling a house in Spain
As with the buying process, selling a property can be incredibly complicated, even more so than the actual purchase!
Aside from all the paperwork and paperwork, when selling a property we have to add in the taxes that we have to deal with, which is not easy in Spain. It is important that a professional makes sure that you comply with all tax obligations if you do not want to have a problem with the Administration in Spain.
In addition, among the most important issues, a team can help you especially in these crucial points within a sale process:
- Details of the sale
- Fees, expenses and capital gains tax
In the event that the seller does not reside in Spain, it is important to grant a power of attorney to a professional who can represent the owner and manage the whole process.
Why is MAM Solicitors your ideal partner in a sale and purchase process?
MAM Solicitor’s main resource is the professional skills of our legal and administrative staff. Being aware of the difficulties clients face when presented with an unfamiliar legal system (which can be further complicated by the language barrier), MAM Solicitors has assembled a team of staff who are fluent in English, French, Norwegian and Dutch and have extensive knowledge of all aspects of real estate law.
In this respect, we believe that it is important to plan and organise the transaction legally for a successful sale. We do this with all our clients.
MAM Solicitors has proven in over 30 years of experience to be one of the most trusted law firms in Spain by our clients.
Would you like to find out for yourselves?
Don’t hesitate to contact us and enjoy the peace of mind that your trusted law firm in Spain will give you.