Foreign Ownership Of Spanish Property

10:23 am Miscellaneous

There’s no restrictions on foreign ownership of spanish property in Spain. When choosing a place to buy, you should engage an English-speaking Spanish solicitor who will check that the property is correctly registered.

The solicitor (abogado/a) will also ensure the property has no debts attached to it.  Once the solicitor’s satisfied the contract is in order, the buyer then lodges a ten per cent deposit.

Assuming both parties wish to proceed, the signing of the sales contract will be undertaken before the public notary in the form  of a public deed. You should allow approoximately ten per cent of the purchase price for taxes and fees.

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