Legal, Tax and mortgage advice

We guide you in making the right “move", professional advice is Key when buying something a property.

Vivacosta can recommend a good local lawyers and tax experts who are fluent in French, Dutch, English German and of course Spanish.
They can guide and assist you during the process of acquiring your new property. The legal state of the property will be checked to insure that all is in order.
Aside from legal issues, administrative procedures will also be handeld, examples:

Tax payments
Registration of the property in the Land Registry
Change of title holder
Assistance with the transfer of funds
Applying for the Foreign Identification Number – NIE (Número de Identificación de Extranjero)
Please note that aside from the purchase price of the property, when buying a residential property in Spain, you should account for about 12-14% (resale vs. new build) of the purchase price as extra costs. These costs include:

Transfer Tax: 10% on the total purchase price for resale properties or 10% for new building projects
Notary’s fees and taxes: ±3%
Your lawyer: ± 1%
The lawyer can assist you in opening bank accounts, arranging contracts with the local utility companies......

In Spain a property owner, needs to file a Spainsh tax return once a year, which your lawyer can also prepare for you.