How the Spanish Property Completion Procedure Works

by PaulPayne on September 4, 2009

Before you complete the purchase of you Spanish Property

You should make a final visit to the property, just to check everything is in order. In the case of a new property, a snag list should be made to present to the builder.

NIE Numbers

You will need the NIE numbers before you can sign at the notary. This process involves going to your designated Police Station with the correct paperwork and identification. Although you can do this yourself, I would strongly recommend using a Lawyer, as any mistake in the application could delay the completion of sale.

Completing

The purchase of your home in Spain is finalised before the Notary, with the purchaser and seller signing the ‘Deeds of Sale’. The Notary is an appointed public official and his/her duties include verifying the identity of the buyer and the seller, ensuring that all of the necessary legal requirements have been met, and that the monies due have been be paid. If you are not able to be present when the deeds are finalised, your lawyer can sign on your behalf, if you have given them Power of Attorney.

Taking possession of your home in Spain

Once the title deeds have been signed, you will be handed the keys to your new place in the sun and you can take possession. Cava time!

Shopping!

Now you have the keys to your property in Spain, you might need some furniture or other goodies you have had your eye on. Don’t be tempted to order anything until you have the keys firmly in your hand though.

Property Registration

Property Registration happens once all the relevant taxes have been paid, and the Title Deeds have received the final register stamp. This guarantees the successful transfer of the property to you. Note, that it can take several months for this to happen, and for you or your Lawyer to receive the Title Deeds. The speed at which you receive them will depend upon the individual Property Register. Your Lawyer will let you know as soon the Title Deeds have been received and that they are ready for collection.

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