Tag: Buying property in Spain
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Buying property in Spain under-value
Spain is still recovering from the brutal economic recession that has affected its economy for the last 10 years. One of the main consequences of the recession was the collapse of the property market where properties went down in value consistently, reaching lower values that left many property owners in negative equity as their…
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A quick guide on buying property in Spain for UK solicitors
Do you have a client looking to buy property in Spain? How can you help him/her from the UK? It is quite likely that you will have one or two clients looking for a property in Spain. The uncertainty of Brexit and the temporary weakness of the Sterling pound…
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First use license and habitation certificate. Tomatoe, tomato. Are they the same thing?
There are two documents which are essential before moving into a house in Spain. They are called first use license (“licencia de primera ocupación”) and habitation certificate (“cédula de habitabilidad”). These two documents sometimes have their own validity and in other occasions complement each other. It is difficult…
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Can I buy my Spanish property in sterling?
This week a client who lives in the UK asked me if he can pay in sterling the purchase price of a house he is buying in Spain. The truth is that this is not an impediment. On the day of the signature of the purchase deed, the Notary will…