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spanish-legal-advice-solicitors

attorneys murcia

What happens once I have signed at the Notario?

Once the property has been registered in your name and you have the Title Deeds, they are taken to the Property Registry for formal inclusion.

Whose names should I include on the Title Deeds?

It is important to to consider which names attorneys murcia are to be included on the Title Deeds, whether it is in both names, or a sole name, or indeed in the names of children over the age of 18.

What are my options in financing my property in Spain?

Many people raise finance through through increasing their existing mortgage on their UK property to utilise attorneys murcia the gains made in recent years.

However, there are other options open to anyone wishing to finance their second home in Spain

Certificate of Non-Residency must be produced for the Notario when signing the new Deed (Escritura) .

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Obtaining these two items need not be complicated or time consuming and cost is negligible.

TAX RETENTION

Under legislation introduced in 1997 it is necessary for 5% of the declared purchase price of a property to be retained by the purchaser, or his representative, and for the money money to be paid to attorneys murcia the Spanish Inland Revenue within 30 days of signing for title deeds.

This is payable when the vendor is a non-resident of Spain in order to ensure that any taxes he may owe to the Spanish Inland Revenue are paid before he disappears into the attorneys murcia the sunset.

Legal Matters

Most properties in Spain are in fact NOT registered.

Most of the re-sale properties are sold by Spanish .still.

since they earned about 100€ a year from selling fruit and veg they would certainly not pay 300€ to pay for their property to be

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