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solicitors in murcia

What is an Escritura?

This is the Title Deed to property and includes information such as who owns the property, property details and exact address.

This is always signed in the presence of a Notario.

What is a Notario?

This is a public official who will officially officially confirm solicitors in murcia that the details are correct and the contract of sale is understood by both parties and deemed to be fair.

The Notary is impartial and offers no advice on points of law.

What is the Nota Simple?

This is an official document lodged with the Land Registry Registry which outlines basic details of solicitors in murcia the property and whether there are any loans outstanding on the property.

What is an NIE number?

This is a fiscal number for all foreigners and is required before any financial transactions take place, and identifies you with the Spanish tax authorities.

solicitors in murcia

What taxes are there to pay?

The main tax is the Spanish Transfer Tax and in Murcia it is 7% on re-sale properties.

However there are additional costs to be included such as the Notary, solicitor, Land Registry so we always suggest you budget for an additional 10% on on solicitors in murcia the sale price although it is lower than that in most cases.

What if I cannot return to Murcia to sign at the Notary?

A Power Of Attorney to be given to your solicitor in your absence.

How long does the process of a purchase take from from start to finish? solicitors in murcia

This obviously depends but we normally work on a 5 week timeframe to ensure that everyone is fully aware of the conditions of the sale and of course to allow sufficient time to book time of work to return to Murcia for the official signing.

Should

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