Episode 14: Buying Property in Spain-Expert Legal Advice

SummaryIn this episode of Spainfully Honest, Catherine and Paul talk with Belén from Just Law Solicitors about what you really need to know when buying property in Spain. They cover key points for foreign buyers, including how to make sure your purchase is safe, why legal checks are so important, and why you’ll need an NIE number. Belén also explains how residency status affects property ownership, what taxes to expect, and how the process works if you’re buying from abroad. The episode also looks at new rules around renting out Spanish property and why getting professional legal advice before signing anything is essential.Chapters00:00 Introduction to Living in Spain01:00 Safety in Buying Property in Spain03:07 Residency and Non-Residency Property Purchases05:19 Remote Property Buying Process07:34 Legal Considerations Before Buying09:16 Understanding NIE and TIE Numbers12:10 Banking Needs for Property Buyers15:14 Mortgages for Foreign Buyers18:06 Navigating the Buying Process21:09 Importance of Surveys and Licenses28:12 Understanding Residency and Property Ownership in Spain29:34 The Property Purchase Process Explained34:00 Navigating Taxes When Buying Property40:35 Renting Out Properties: New Regulations48:36 Ongoing Taxes for Property Owners53:43 Essential Tips for Buying Property in SpainContact Details for Just LawOffices in Fuengirola, Marbella and MálagaC/ Chile, no. 2 • Edif. Orquidea, local 1. 29640 Fuengirola, Málaga, SpainEmail: [email protected].+34 952 66 60 45Phone.+34 663 373 535Phone.+44 738 045 1563Whatsapp: +34 663 373 535Skype: JustLaw SolicitorsProperty Purchase Assistance with Just LawThis is the list of services that Just Law Solicitors' fees for the property purchase assistance includes:The fees would cover the services described below:1.  Investigation regarding the property prior to completing the Purchase Deed2.  Obtaining or dealing with the necessary documentation for the Purchase Deed3.  Drafting the required legal documents4.  Intermediation services with the Estate Agent (If necessary) and Notary. Attending the Notary to sign the deed. 5.  Banking services, control of money transfer and control of payments according to the EU anti money laundry regulations. Including opening the Spanish Bank account on your behalf.6.  Registration at the Tax Office (if applicable)7.  Payment of Spanish taxes 8. Registration of the property on behalf of the client with the different public offices9.  Change of ownership with the Town Hall and Utility SuppliersTo get in touch with the Spainfully Honest team email: [email protected]