Properties for sale

Let's start by defining the total duration of the process. 

In the case of second-hand properties, the process is faster and normally the minimum stipulated time could be one month.

In the case of new construction , the time will depend on the scheduled completion date according to the builder.

In any case, in general, the purchase process, in the broad sense of the word, from when we consider the purchase until we sign the deeds before the Notary, could be divided into three steps..

1.- Determine the type of property and the area, get on with it and better through a trusted Real Estate Agency such as Keysol Property.

2.- Once the property has been chosen and is finished, starts the legal and economic paperwork. Non-residents in Spain will need to have the NIE (Spanish fiscal identification number). In the case of a mortgage, the chosen bank will begin the processing to be able to grant it. All this may take between a minimum of 1 month and a maximum of 3 months.

3.- Finally, we would enter the part of signing the Deed before the Notary. With all the legal paperwork from seller and buyer, an appointment is made with the Notary and the Deed signed. That is the moment when you are the owner of the property.

We have generally commented on the 3 stages of a purchase and sale. But there is a very important point once we have decided on the property and that is to put ourselves in the professional hands of a lawyer to check all the legal documents corresponding to the property and also to be advised and guided us through the steps until the signature of the Title deeds.

The lawyer will be in charge of managing the different legal requirements necessary for the purchase of the property in Spain, and even signing the Public Deed through a power of attorney.

Next, in a quick list are everything that needs to be done for the purchase of a property and what the lawyer is largely responsible for carrying out on our behalf.