Guide buying property - buying property in spain
Buying property in Spain is now more popular than ever, with increasing numbers
of people following their dream of purchasing a holiday home, buying property
to rent out or moving to Spain. In recent years the Spanish local authorities
have made great efforts to increase the number of foreign tourists and residents.
Settle on a region – Spain has many different
regions, with many beautiful areas not necessarily on the coast. Spain is many
countries all rolled into one therefore the culture in Spain is very varied
Your individual choices and taste will
determine the type of area that you choose. Climate, the
type of life you want should be considered when you are buying a property
The local notary who conveys the property in Spain is a civil servant whose
responsibility is to ensure that the correct procedures are followed, that
the seller has good title to the property, that the right amount of tax
is paid, and that the property is registered at the Land Registry.
The notary does not verify or guarantee the accuracy of statements in contracts
so it is essential to have your own lawyer. The notary is not there to protect
the interest of either the buyer or seller and is certainly not an expert in
the inter-relationship of local taxes and English tax and property law. A good
lawyer and tax adviser is considered imperative.