Real estate in Spain has been part of a huge boom in Europe, and with very good reason. Spain has always offered a wide range of reasons as to why it is so attractive to people around the world, the main reason being the countless days of sunshine all year round. Spain has much to offer, whether you prefer beaches, city centres, or rural country charm. Spain has updated and modernised its infrastructure giving a high living standard and making it perfect for holidays, living and for investment.

Buying a house in Spain can be a very exciting experience and if done correctly it is easy and enjoyable. This is not always the case, for a lot of people the process and transaction unfortunately turned out badly. This can be put down to misinformation, misunderstanding, unprofessional people, misleading vendors or estate agents, and most importantly not having consulted a trusted reliable independent lawyers firm with experience and success with the buying process. It is essential to know what to look for, how the process will take place, what surveys, registrations and documents are needed and what taxes you are obliged to pay. The biggest problem tends to be when people sign pre-purchase agreements without consulting a solicitors and end up having to pay all their and the vendors taxes and fees and get caught having to pay the full purchase amount upon wanting to pull out. Other problems include defects in the property, incompletion or debt, whether off plan, new build or second hand. This is why it is advisable to have someone that represents you with your best interests in mind and someone that you can rely on and that knows completely what they are doing.

Here at ABAD LAW FIRM we pride ourselves in being professional solicitors and accountants at all times, keeping up to date on rules, regulations and taxes enabling us to offer the most efficient and rewarding service possible for our clients, making their needs a priority at all times. The client can rest assure that everything will be dealt with and they can just sit back and enjoy the experience.

ABAD has extensive successful years of experience in dealing and processing various different purchases. The process for purchasing is similar regardless of the type of property.

  • Advised consulting meeting with us upon choosing a property.
  • Revising and checking property and documentation and any associated factors.
  • Drawing up the pre-purchase agreement and signing.
  • Applying for Spanish documentation –NIE.
  • Power of attorney where necessary.
  • Appointing a public notary.
  • Bank accounts, deposits, taxes, and mortgages.
  • Completion at Public Notary.
  • Registering with tax offices.
  • Change/activation of utilities.

Off-plan and new builds Buying new builds or off plan property is different from that of a private or second hand purchase. It is different due to the checks that are needed to be made or should be done on the property or on the land. Firstly, making sure that the transaction is in fact legal and if not, getting it registered so that it is. If advisable, avoiding the transaction all together if necessary. With new builds and off planwe check that the land is registered and has a building licence; this confirms the authenticity of the property and ownership. In terms of an off plan purchase the purposed completion date must be included in the contract. ABAD Lawyers have vast experience in this sector and would be pleased to help throughout the whole process. As well as reviewing the general scope we will investigate the promoters and the construction company ensuring the legality of the project as well as unearthing any issues that any be a present or future problem. Another thing that many people are unaware of, and usually are not told, is regarding bank account safeguarding,  the bank should set up a bank guarantee, should something happen to the building project, like incompletion, your money is safe and you do not lose anything.

ABAD can ensure that you do not lose when investing in Spain, but have a pleasant experience that you will be able to enjoy hopefully with your new dream home.

Buying Fincas, second hand flats/apartments/houses and multi-property purchases

The purchasing process is such as the one described in the above points. However the differences are in the property review. The checking of property registration and ownership are standard procedures and on top of this it is crucial to make sure the property is listed as described by vendor whether private or through an estate agent and to ensure it will be without any outstanding debt upon completion. Another point to be careful about is that you as the buyer don’t incur all the costs and expenses and that the seller also takes on their share.

In some cases, it may be a good idea to include an additional survey to reassure the property is above board. We would advise all buyers to have an expert fully check the property, preferably a professional qualified independent architect that will review the property looking for any problems or defects. Any issues discovered can be negotiated towards lowering the purchase price of the property.

ABAD´s professional team includes an independent experienced architect as well as offering an effective and efficient form of purchase transactions.


Buying a business. Buying a business can include anything from hotel complexes, apartment blocks and a business transfer take over. Each situation will have its own terms and conditions to meet in order to complete. In terms of businesses you must make sure the property has or can be licenced for the particular activity you intend to conduct in the property. As well as checking for any pending debt or legal action against it, this may be hard to find if you are not told up front. There are also different taxes involved in this market due to its nature. The same can be said for buying and for rentals of businesses.

Purchase

Real estate in Spain has been part of a huge boom in Europe, and with very good reason. Spain has always offered a wide range of reasons as to why it is so attractive to people around the world, the main reason being the countless days of sunshine all year round. Spain has much to offer, whether you prefer beaches, city centres, or rural country charm. Spain has updated and modernised its infrastructure giving a high living standard and making it perfect for holidays, living and for investment.

Buying a house in Spain can be a very exciting experience and if done correctly it is easy and enjoyable. This is not always the case, for a lot of people the process and transaction unfortunately turned out badly. This can be put down to misinformation, misunderstanding, unprofessional people, misleading vendors or estate agents, and most importantly not having consulted a trusted reliable independent lawyers firm with experience and success with the buying process. It is essential to know what to look for, how the process will take place, what surveys, registrations and documents are needed and what taxes you are obliged to pay. The biggest problem tends to be when people sign pre-purchase agreements without consulting a solicitors and end up having to pay all their and the vendors taxes and fees and get caught having to pay the full purchase amount upon wanting to pull out. Other problems include defects in the property, incompletion or debt, whether off plan, new build or second hand. This is why it is advisable to have someone that represents you with your best interests in mind and someone that you can rely on and that knows completely what they are doing.

Here at ABAD LAW FIRM we pride ourselves in being professional solicitors and accountants at all times, keeping up to date on rules, regulations and taxes enabling us to offer the most efficient and rewarding service possible for our clients, making their needs a priority at all times. The client can rest assure that everything will be dealt with and they can just sit back and enjoy the experience.

ABAD has extensive successful years of experience in dealing and processing various different purchases. The process for purchasing is similar regardless of the type of property.

  • Advised consulting meeting with us upon choosing a property.
  • Revising and checking property and documentation and any associated factors.
  • Drawing up the pre-purchase agreement and signing.
  • Applying for Spanish documentation –NIE.
  • Power of attorney where necessary.
  • Appointing a public notary.
  • Bank accounts, deposits, taxes, and mortgages.
  • Completion at Public Notary.
  • Registering with tax offices.
  • Change/activation of utilities.

Off-plan and new builds Buying new builds or off plan property is different from that of a private or second hand purchase. It is different due to the checks that are needed to be made or should be done on the property or on the land. Firstly, making sure that the transaction is in fact legal and if not, getting it registered so that it is. If advisable, avoiding the transaction all together if necessary. With new builds and off planwe check that the land is registered and has a building licence; this confirms the authenticity of the property and ownership. In terms of an off plan purchase the purposed completion date must be included in the contract. ABAD Lawyers have vast experience in this sector and would be pleased to help throughout the whole process. As well as reviewing the general scope we will investigate the promoters and the construction company ensuring the legality of the project as well as unearthing any issues that any be a present or future problem. Another thing that many people are unaware of, and usually are not told, is regarding bank account safeguarding,  the bank should set up a bank guarantee, should something happen to the building project, like incompletion, your money is safe and you do not lose anything.

ABAD can ensure that you do not lose when investing in Spain, but have a pleasant experience that you will be able to enjoy hopefully with your new dream home.

Buying Fincas, second hand flats/apartments/houses and multi-property purchases

The purchasing process is such as the one described in the above points. However the differences are in the property review. The checking of the property registration and ownership are standard procedures and on top of this it is crucial to make sure the property is listed as described by the vendor whether private or through an estate agent and to ensure it will be without any outstanding debt upon completion. Another point to be careful about is that you as the buyer don’t incur all the costs and expenses and that the seller also takes on their share.

In some cases, it may be a good idea to include an additional survey to reassure the property is above board. We would advise all buyers to have an expert fully check the property, preferably a professional qualified independent architect that will review the property looking for any problems or defects. Any issues discovered can be negotiated towards lowering the purchase price of the property.

ABAD´s professional team includes an independent experienced architect as well as offering an effective and efficient form of purchase transactions.


Buying a business. Buying a business can include anything from hotel complexes, apartment blocks and a business transfer take over. Each situation will have its own terms and conditions to meet in order to complete. In terms of businesses you must make sure the property has or can be licenced for the particular activity you intend to conduct in the property. As well as checking for any pending debt or legal action against it, this may be hard to find if you are not told up front. There are also different taxes involved in this market due to its nature. The same can be said for buying and for rentals of businesses.

FAQs

Yes you can apply for a tax rebate, the only difference is that the taxes to be paid are slightly higher and so can be the retentiNo you don’t. However if you do not you leave yourself and the property being challenge about its legality. It contains information about boundaries and ownership and makes it official. This has happened where people have not registered and almost lost their home.
on. But the process is the same; it is just simply a different form that will need to be submitted.

Yes it is, whether for the long run or the short. Spain has improved many aspects modernising almost everything over the years and it can only get better. It offers various outcomes for property investment, for example you may decide to purchase a home now for holiday lets and then in the future retire to Spain.

That will be completely up to you. New does not always mean better. The purchasing process will be similar other than each one requiring different certificates. However re-sales tend to have most documentation in order and the only thing to look out for is pending debt. With new build the most important thing is to check its registry and documents to make sure the property was legally built.

It is very advisable to contract a Lawyer upon making a decision and even before to help understand the process before you take it on. A consultation will also give you options. If you intend to buy in Spain then you will have to obtain Spanish paper work and go through its legal system, which can be easy if you know how. Another option is giving a Spanish Lawyer a power of attorney and everything will be taken care and before you know it you have a wonderful house in Spain.

The main difference is the type of contracts you need in the pre-purchase agreement. With new builds, as long as all the paper work is correct and the house is properly registered and built then it’s a matter of paying and signing. With an off plan you initially buy the promise to a new property. The long period that can pass from the deposit to completion makes it very important to have representation nearby to keep an eye on the project and make sure it goes to plan.

It is the official list of properties in Spain stating all the properties background information, including size, owners and debt. It also secures your right to the property making sure that no one can contest it in the future.

The taxes will depend on the type of property you purchase. It is estimated that you should add an additional 10% of the total price on top of the purchase price, and any extra fees such as agent fees.

Usually, people looking to buy a property in Spain tend to go through estate agents. This is because they have a range of properties and they will do the property search for you. When going through a private vendor it means you did the search yourself through the internet of other means. When collaborating with a Lawyer both sources will be checked, however when doing it individually it is import to ensure that you clear very detail. While an estate agent should be legal sound, you may end up paying a lot of fees and some that you shouldn’t be. With a private vendor is good to get the house surveyed and find out why they are selling.