Why you need a Spanish Lawyer before buying property in Marbella

Making that final decision to purchase property abroad is incredibly exciting. You’re living the dream

after all, and taking it easy in sunny Spain doesn’t sound so bad either. But, one question many ask is, if

it’s worth hiring a Spanish lawyer to help with all the legalities involved in buying property in Spain. This

article will outline some of the difficulties and red tape many foreign property buyers face before

moving into their new villa or holiday home.

If you’ve ever purchased a property before, no matter your location; you already understand how

important the function of lawyer may be. One of the most important elements in buying property

overseas or in this case, Spain; is language barriers. The bottom line is if you are buying property in

Spain, then you want a Spanish lawyer who speaks your language. We will go through some of the

functions you should expect, and help you weed out any dodgy characters who claim to know real

estate law in Spain.

Let’s get right to the point: What should your Spanish lawyer help you with after if you’re considering

buying or have already you’ve purchased a property in Spain? Let’s break it down in an easy to read list:

One very important function is checking to see if there are covenants, easements, liens on the

property; all which would hinder the purchase process of your new property.

A qualified and legally certified Spanish lawyer will help you fully understand the purchase

contract, and this includes any process of translating the words so you clearly understand. Title

acquisitions are very important as one example, and understanding this in your language is also

very important.

Another function you will require is a helping hand in processing the registration for your

Spanish property in Spanish. This includes all other legal documents that must be properly

explained, then processed for the sale to proceed.

Your Spanish lawyer must help you understand the terms of your mortgage, and also work with

your bank if any adjustments are required.

The legal help you hire should be helping you with property insurance, making sure you are well

protected against any natural or un-natural occurrences – basically anything that would damage

the property.

Above all else, your Spanish lawyer will make sure you are properly registered, you have official

ownership of the property and any other papers that need signing are clearly explained.

Before Buying Property in Spain, understand the facts

Of course it sounds glorious, why wouldn’t it? Depending on where you are coming from and what type

of winters you may experience, a life of retirement or just a life change sounds lovely in the South of

Spain – and Spain offers plenty of choice, particularly on the Costa del Sol. This area on the southern tip

of Andalucía is incredibly popular amongst tourists and those wanting to buy a property for a holiday

home.

However the fantastic lifestyle and lush landscape that beckons those interested in buying property in

the Costa del Sol is just one part of the picture. It is vital that you understand the legalities involved

before making any final decision – which is where your English speaking Spanish lawyers will prove

invaluable.

The Laws of the Land

There are things to look out for before making any sort of property purchase in Spain and we will cover

two common practises that pop up way to often in the South of Spain.

Under Quoting: When it comes to quoting prices, many real estate agents will quote a much lower price

on the property you are interested in buying. This common practise is used on foreigners as a way to

illegally evade high tax payments

Unregistered Agents: Unfortunately, every time Spain makes a comeback in the property market, many

unregistered agents pop up across the Costa del Sol, from Malaga to Marbella looking for unsuspecting

foreign investors to buy property. Check their status and make sure you are hiring popular, reputed

firms that have made a solid name for themselves.

If you want to buy property in Spain without any problems, you will need a Spanish lawyer that speaks

your language and only has your best interests at heart. Don’t forget, you are making one of the biggest

decisions of your life, and buying property in Spain isn’t exactly cheap. You want the best possible

experience and therefore, it’s well worth investing in some extra help to assist you in the process.