Purchasing property in Spain is an important investment and requires professional guidance and advice. A real estate lawyer spain can ensure that all the required formalities are met, and help you avoid any potential pitfalls. These services include conducting all required property analysis, including technical inspections of buildings and land; verifying the legal situation of the land/buildings (property registry, licences and building permits, etc); and drafting the final purchase deed. The lawyer will also advise on the costs of the property and taxes, including VAT, transfer tax, registration fees and utility bills.
Our team has extensive experience in advising private investors and funds on complex real estate matters. We regularly assist clients on acquisitions and sales of real estate, including commercial properties, residential units, industrial buildings, retail centres and service stations. Our team has a particular expertise in the acquisition of NPLs and distressed real estate assets, as well as on debt restructuring and refinancing transactions.
We also have a solid track record in real estate leasing. Our clients benefit from our comprehensive knowledge of the current legislation on rental properties (Law on Urban Leases), enabling us to draft a rental contract that is both fair and balanced for both parties. Our real estate law firm can also advise on the taxation aspects of rental contracts, including calculating and paying property taxes and charges such as water, electricity, IBI and community fees.
Giambrone & Partners has a dedicated team of real estate lawyers with extensive experience in purchasing property for foreigners. Our lawyers can offer you all the assistance you need to make the most of your real estate investments, both in terms of buying and selling, and also obtaining mortgages.
In addition, our real estate lawyers are qualified to assist with any litigation arising from the purchase or sale of property. For example, we can defend you against claims made by creditors seeking to recover debts owed by the seller or by tenants. We can also advise on the granting of rights of first refusal to other interested buyers, as well as the negotiation of sales prices for properties being offered by public authorities.
Our Spanish property lawyers can provide you with the advice you need to secure a mortgage in Spain for your purchase of a home or commercial premises. We can help you obtain a credit score and explain the requirements for applying for a mortgage in Spain, where it is generally possible to obtain a loan of up to 80% of the purchase price. Our experts can also advise on the best way to finance your purchase through other sources of financing, such as a self-employed mortgage or loans from family and friends. We can also advise on the tax implications of your transaction, including the payment of capital gains tax and stamp duty. In some cases, we can help you avoid these payments through a series of deductions. We can also assist with the transfer of ownership of the property, registering the new owner at the land registry and Cadastre.