Check list to completion after finding a property.
1. Get qualified, professional legal assistance working solely on your
behalf.
2. Review the seller's title deed.
3. Review a recent nota simple.
4. Review the full catastral certificatation document.
5. If buying in an urbanisation, check the plan of building plots.
6. If buying a plot of land, check that building is a legal possibility.
7. Review the IBI receipt or the declaration of new construction.
8. Review the community charge receipt and the statutes if buying in
a communally owned development.
9. Review the sellers utilities receipts.
10. Draw up a private contract in Portuguese and have it translated into
your mother tongue.
11. Agree a price, method and currency of payment.
12. Sign the escritura de compraventa in the presence of a notario.
13. Pay the required fees and taxes, and the 5% tax deposit to Hacienda
if you buy from a non-resident.
14. Establish how and when you will receive the escritura publica, making
you the legal owner.
15. Declare the value or the property to local tax authorities for the
equevelent of UK Stamp Duty, seek the advice of your notary as to how
much to declare.
This list has been complied and intended for guidance only. It should
not be considered a substitute for individual professional legal advice.
Click here for a list of Notary
in Spain
Click
here for property in Spain.
Click here for language courses
that can help you with your Portuguese property purchase.
Click here for a list of
Building Companies in Spain
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