Property buying
and selling
At TRES, we specialise in providing comprehensive support for property buying and selling in Spain. Our streamlined service ensures that every step of the process is handled with efficiency and transparency. From initial negotiations to final contracts, our team of experts guides you through the entire transaction online, making it as straightforward as possible.
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Buying or selling a property
in 5 Steps
Acquiring or selling a property is a significant investment, so having the support of lawyers specialised in real estate law is essential to avoid complications in the future.
At TRES, our team of experts provides comprehensive support at every step of the process, including verifying that the property is free of encumbrances. In addition, we also take care of the drafting of both the earnest money contract and the notarial deed of purchase and sale*, ensuring that everything is carried out safely and smoothly. Once the deed of purchase and sale has been signed, our team will assist you in the settlement of the corresponding taxes, as well as in the whole process of registering the property in the corresponding Land Registry.
*Please ask for an additional fee if you wish to be accompanied and assisted by a lawyer at the signing.
Frequent asked Questions
1. What are the legal steps to buy a property in Spain?
The buying and selling process in Spain consists of several legal steps. First, an earnest money contract is usually signed, which is a private agreement between buyer and seller where the property is reserved against payment of a deposit. Then, the deed of purchase and sale is signed before a notary, at which point the final payment is made and the property is transferred. Finally, the deed must be registered in the Land Registry. At TRES, we guide you through this process, ensuring that all documents are in order and protecting your interests as a buyer.
2. What taxes and expenses should I take into account when buying a property in Spain?
When buying a property in Spain, you need to consider various taxes and additional costs. The main ones are the Transfer Tax (Impuesto de Transmisiones Patrimoniales, ITP) for second hand properties, which varies depending on the Autonomous Community, or the VAT and the Stamp Duty (Impuesto de Actos Jurídicos Documentados, AJD) for new properties. In addition, there are other costs such as notary fees, land registry fees, and agency fees if you apply for a mortgage. At TRES, we offer you complete advice so that you are aware of and plan for all these costs, avoiding financial surprises.
3. Is it necessary to have a NIE to buy a property in Spain?
Yes, it is compulsory for foreigners to obtain a Foreigner Identification Number (NIE) to buy or sell a property in Spain. The NIE is necessary for the signing of the public deed of sale, registration in the Land Registry, and to manage the taxes and fees related to the purchase. At TRES, we assist you in obtaining your NIE, facilitating the process so that you can carry out the purchase of your property without complications.
4. What precautions should I take before buying a property in Spain?
Before buying a property, it is essential to carry out a full due diligence. This includes checking the legal status of the property at the Land Registry, making sure it is free of encumbrances, mortgages, or legal problems. It is also important to check that the property complies with all planning and building regulations. At TRES, we carry out a thorough analysis of the property to ensure that the purchase is made in complete security, protecting your interests and avoiding future problems.
