CONVEYANCING

We will request a copy of the seller title deed in order to do a complete search in the local property register, and therefore make sure that the seller has proper title and ensure there are no hidden charges affecting the property such a mortgages, court cases, etc.

If a survey is done on the property this will offer a full description of the property it will enable us to confirm that the full description is provided on the title deed.

Carrying out prudent checks prior to purchase alleviates any risk.

We will obtain up to date statements in respect of the present owners’ utilities and make sure there are no outstanding bills( electricity , water, rubbish, rates, gas, owners’ community fees)

In Spain, debts can be registered against a property, so it is important that all debts are cleared prior to completion at the notary.

CE Consulting Torrevieja can obtain quotations on your behalf and arrange for a visit to the property. If you are purchasing with a mortgage from a Spanish bank, the lender will commission a valuation of the property.

Many buyers make the mistake of handing over a deposit payment, often directly to an estate agent.

We always advise that the deposit payment should wait until we have carried out the land registry checks.

We will draft a purchase contract and agree on the terms with the vendor’s solicitor. This agreement can then be signed and any agreed deposit paid.

When purchasing a property, overseas buyers need to obtain a NIE certificate. This is a fiscal number for non residents. As part of our service we include applying for NIE certificates.

As from 2013, every property sold in Spain are required by law to have an Energy Efficiency Certificate. We will ensure that this document is in place as part of our conveyancing service.

When purchasing a property in Spain, you will need to make payment of various bills usually by direct debit.

We will open a Spanish bank account in your name, as part of the conveyance. Most banks in the area have English speaking staff and some offer correspondence and internet banking in English as well.

Upon completion of the purchase, we will set up the utility accounts in your name. The providers usually require direct debits to be set up from your bank account.

Prior to completion you will receive a Completion Statement which details all of the associated costs of purchase. The main disbursements are the Land Registry Fees, Notary Fees and Property Transfer Tax.

Many clients are not able to be present in Spain on completion day. This is not necessarily an issue. We can draft a Power of Attorney to enable us to sign for the purchase on your behalf.

The completion of the transaction is confirmed at a notary signing in Spain. This is usually at a notary office close to where the property is located.

 We will assist you at the Notary, either with you or with the Power of Attorney. The notary appointment will typically take around 2 hours.

Following the notary signing, we will ensure that all the correct taxes are paid and the deed is sent to the registry for inscribing.