Services

Property and Assets

Are you planning on buying a property in Spain?

The legal and tax aspects of buying or selling a property can be complex and overwhelming. That’s where we come in. With over 30 years of experience in property law, our law firm is well-equipped to guide you through the property transfer process and ensure your interests are protected.

We will work with you from the outset to make the transaction as smooth, efficient, and secure as possible. Let us help you navigate the complexities of property law and make your real estate dreams a reality.

Our goal is to make buying or selling a property as easy and stress-free as possible for you. Our conveyancing solicitors provide a wide range of services to meet our clients’ legal needs. We specialize in:

– Contract review and agreements related to property transfer.

– Information search and property title verification.

– Assistance with bank account openings and secure payments.

– Mediation and resolution of property-related disputes.

– Legal advice on tax and contractual matters.

Let’s Talk!

Legal Advice in Property Transfer.

At Fontanals Solicitors, we understand the importance of a safe and seamless property transfer. Our conveyancing solicitors handle all the legal aspects, from contract review to gathering relevant information and assisting with the necessary bank account openings.

We offer comprehensive and personalized legal advice at every stage of the property transfer process, ensuring a successful transaction.

Planning

We help you find your property and calculate all the costs and taxes so that you know the exact purchase amount.

Search For Property Information

We will analyze the legal situation of the property; ownership, encumbrances, and liens.

Power of attorney, NIE and Bank account

This will allow us to act on your behalf, avoiding the need for you to be present at each process step.

Completion of the purchase

We accompany you while signing the title deeds, and carrying out all the necessary procedures to register your property in the land registry.

Taxes & Convenience+

We help you changing name of utility bill, tax optimisation and even the drafting of the will.

Related services

Purchase

We will analyse and avoid any possible legal issues, guaranteeing a smooth transaction.

Sale

We will keep you informed throughout the process and ensure your interests are covered.

Arras or down payment

This is a fundamental part of the sale process. We will help you define and defend your interests from the beginning.

Will

Decide what happens to your possessions in Spain in the event of your death and optimise taxation so that your heirs get the best solution.

Donation

We will review your alternatives and advise you on the quickest and most tax-efficient way forward.

Termination of co-ownership

We will ensure that your interests are protected and make the process as easy and quick as possible.

Power of attorney

We will be your legal representative if you cannot be physically present and need it.

Drafting the rental contract

If you plan to rent your property, we will prepare the contract that best suits your circumstances, ensuring your legal protection.

FAQ

What do I need to buy a property in Spain as a foreigner?

In Spain, there are no restrictions on buying a home. The requirements are:

Obtain a Número de Identidad de Extranjero (NIE), which is necessary for all the formalities you must carry out with the Spanish Administration.
Open a bank account in Spain, to which you will transfer the funds necessary to carry out the purchase operation.

We can help you from the beginning, managing the process and helping you plan the tax and budgeting of the entire transaction.

What taxes do I pay when I buy a new property?

All purchases of new homes are currently subject to 10% VAT on the value of the property, as well as 1.5% for a legal documentation tax (AJD) in the Valencian Community (Costa Blanca), with the latter percentage varying in the Murcian Community (Costa Cálida) to 2%.

What taxes do I pay when I buy an existing property?

When buying an existing property, you must pay exclusively a Transfer Tax (not VAT). Depending on the purchase price, taxes are applied on a sliding scale, 10% in the “Comunidad Valenciana” (Costa Blanca), with the latter percentage varying in Murcia (Costa Cálida) to 8%.

Is it a good investment to buy a property in Spain?

Spain is a popular destination for real estate investment due to its strong capital growth and limited supply of properties.

In addition to its thriving economy, Spain offers a fantastic climate, rich culture, diverse tourist attractions, delicious cuisine, and welcoming people, making it a great place to invest and enjoy year-round.

Compared to financial investments, real estate can be a lower-risk option depending on your personal goals and lifestyle. Whether you’re looking for a vacation home, rental property, or long-term investment, Spain is an excellent choice. Let Fontanals Solicitors help you navigate the real estate market and find the perfect property in Spain.