- Services
- Buy & Sale
- Litigation
- Residence
- Companies
- Tax
- Accidents
- Call Us
- (+34) 666 72 49 70
- Email Us
- carlos@ramalloabogados.com
- Address
- C. de Don Juan Díaz, 2, 3rd Floor, Central District, 29005 Málaga, Spain
BUY & SALE IN SPAIN
Welcome to Ramallo Abogados, your premier legal partner in Spain, specializing in exemplary Buy & Sale services. At Ramallo Abogados, we bring a wealth of experience and legal expertise to guide you through the intricate processes of buying and selling real estate in Spain.
Buy and sale services
GET LEGAL ADVICE
We ensure that the property you are buying or selling meets all the necessary legal requirements. We also help you prepare your funds to avoid any unexpected surprises. If you cannot be in Spain during the process, you can sign a Power of Attorney to your trusted lawyer, allowing us to act on your behalf.
SELLING COSTS
The costs associated with selling a property depend on several factors, including capital gains tax, withholding tax, plusvalía, and energy efficiency certificates (EEC). We will provide you with a personalized breakdown of the total costs and expenses involved in the sale to ensure you have a clear understanding of all financial aspects.
PURCHASING COSTS – AROUND 12%
The costs of buying a home in Spain depend on several factors, including:
Fixed: Purchase Price, Taxes (VAT for new homes or Transfer Tax (ITP) for second-hand homes), Notary Fees, Registration Fees.
Additional: Property Valuation, Mortgage Costs: Including opening fees, insurance, and other mortgage-related expenses, Legal Fees, other professinal fees.
In every case, prior to the transaction,
Ramallo Abogados will provide you with a personalized breakdown of the
total cost and expenses involved in the purchase. This will help you manage your funds effectively.
MILESTONES
01.
Reservation
The buyer makes a reservation by paying a small deposit to take the property off the market. In general, the amounts usually range from 3,000 euros to 10,000 euros, although it all depends on the type of property and the price.
02.
Private Purchase Contract (also called ``Contrato de Arras´)
A private agreement between buyer and seller, where the buyer pays a larger deposit (typically 10% of the purchase price) to secure the property. This contract outlines the terms and conditions of the sale.
03.
Public Deed (Escritura Pública):
The final step where the sale is officially completed in front of a notary. The buyer pays the remaining balance, and the notary registers the property transfer in the Land Registry.
FINAL COMPLETION
A purchase or sale is formally completed only when the deeds (escritura) are signed before a notary, full payment is made, and ownership is formally transferred to the buyer. We handle all the minor details, such as setting up a bank account and transferring utilities (water, electricity, and rates) into your name. Additionally, we take care of the formalities of registering the property in your name and paying all the relevant fees and taxes on your behalf.
Please feel free to contact us with any questions or inquiries about our services. We are here to provide you with expert legal support throughout your buying or selling process in Spain.
