Real estate and housing trade
Purchasing real estate, such as a vacation home, investment property or plot of land, from abroad is a process that requires precision and expertise, which may differ significantly from national transactions. In order to manage the risks, it is essential that a competent lawyer ensures the security and smoothness of the transaction.
Our office has extensive experience, especially in Spanish residential transactions. We handle real estate assignments from start to finish; we conduct a legal review of the property, negotiate and draw up a reservation agreement and a deed of sale, represent the client in the transaction confirmation with a notary, notify the land registry of the change of ownership, prepare tax returns and, if necessary, deal with the bank, property management office and water and electricity utilities.
In foreign real estate transactions, it is essential that legal issues are taken seriously from the beginning of the process. Especially in a hurry and in the heat of excitement, one can become committed to unfavorable terms that can later be very expensive.