Законодательство и налоги

Legislation

  Spanish legislation in sphere of  real estate thoroughly protects property and proprietors.

  Legal persons as well as physical persons, Spanish residents as well as non-residents can buy property in Spain.  There are no limitations as to types or number of purchasing dwellings.

  Purchase deed, signed by the Buyer and the Seller in presence of Public Notary, is sent to territorial Register of Property, where it gets registration number (number of record, sheet and volume). The Buyer receives a simple copy of Escritura, which can be presented, for example, for making contracts for water, light or gas.

  If the Buyer wishes to take mortgage, than a mortgage contract is concluded and sent for registration together with the Escritura. The Register of  Property returns the mortgage contract and the Escritura to the bank where the Buyer receives them.  If a property is bought by a married couple and only one of spouses is indicated in the Escritura, than the other one becomes an owner share and share alike.  But only a spouse, mentioned in the Escritura, can obtain multivisa for 1 year.

  Property owner as well as a person, autorised by the owner and having a corresponding power of attorney, can sell property in Spain. The Buyer can also authorise a representative to carry on different operations, including obtaining of mortage, payments for property and tax payments.