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Dictionary real estate purchase

Last Updated: May 16, 2023

Below you will find an overview of commonly used concepts in the purchasing process. Deposit In a sale transaction of an existing home, a deposit of 10% is usually made as soon as the private purchase contract has been signed. This gives the seller the assurance that the buyer is serious and intends to pay...

Do I have to be present during the transfer at the Spanish notary?

Last Updated: May 16, 2023

If you are unable to be present at the notary on the agreed date, it is possible to authorize a third person to sign on your behalf. In 90% of the cases, our Dutch-speaking lawyer will take on this task. This also applies to other formalities, such as taking out insurance and opening bank accounts....

What is a Nota Simple

Last Updated: May 16, 2023

On our real estate website we would like to inform you about the Nota Simple, an important document of the Spanish Property Register with valuable information about your property in Spain. Although it has no legal value, it contains important details such as the location, description, built area, plot size, demarcation and participation quota of...

Why hire a lawyer when buying a house in Spain?

Last Updated: May 16, 2023

As a buyer of a property in Spain, it is important to engage a professional who only represents your interests . A real estate lawyer acts on behalf of the buyer in Spain. A good real estate lawyer will check all legal aspects, have the structural condition inspected. In doing so, he can conduct the...

Costs and taxes when buying a property in Spain

Last Updated: February 3, 2025

Discover the costs and taxes associated with the purchase of property in Spain. Just like in Belgium and the Netherlands, there are various costs that you have to pay, such as services from the land registry, notary and any valuation costs. In addition, there are certain taxes that you must take into account, including the...

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