Property For Sale In Spain

If you are considering property for sale in Spain that is being bought as a re-sale property, the following will help you to understand the basics of the process that involves documentation requirements.

The documents required from the vendor:

 Documents Needed For The Property

• Residential properties for sale should have certain documents in place that are usually provided by the vendor. These are the basic requirements, in other precise situations there is a possibility other documents are required.
1) Copy of the Title Deed – known as Escritura. The document illustrates the legal and registered owner of the property
2) Copy of the plans for the property (If exists)
3) Copies of utility bills for each service that is connected (from the most recent dates)
4) Copy of receipt proving last payment of property tax (IBI)

 Documents Needed From The Vendor

• If at this stage all parties have an agreement on: price, payment terms, etc and all documents are in order, in order to progress onto the next stage the following will be required, which is usually commonly asked for each individual.
1) Passport card
2) Residency information, marital status, and, occupation – profession

 Documents Needed From The Purchaser

• For a purchaser that is more than one person, than for each the following will be required:
1) Passport card
2) Residency information, marital status, and, occupation – profession
• If, however, the purchaser is a company, the following will be requested:
1) Company number (CIF)
2) Copies of the Company’s documentation and providing evidence that the representative is duly authorised to represent the company
3) Personal documents will be needed by the company representative
• If the purchaser buying the property for sale in Spain wishes to be represented via an attorney than as per usual the power of the attorney will be required. It is known that the power of the attorney can be signed in Spain prior to Notary Public or in UK prior to a Notary Public, which will then be legalised with the Apostille of the Hague Convention. However, the purchaser’s lawyer must be able to draft the power of attorney and arrange for its signature.