El blog de Maria

Your daily Spanish Law reporter. Have it with a cafe con leche. www.costaluzlawyers.es

Legal tip 708. We need YOU
Monday, February 20, 2012 @ 7:16 PM

Yes, we need YOU:

- Young enterpreneurs in love with Spain

- Students willing to learn or language or do a degree in Spain

- Holiday makers

- Golfers

- Retired people

to come back to your Spanish dream. It is now the time.

In term of prices: You will not find cheaper opportunities than the current ones. If you have already found the property you like I am sure the Bank or developer ( whoever is the owner) will be ready for further price discount.

In terms of legalities: Buying an already built property is a completely safe option in Spain.

In terms of mortgaging: Banks are ready to offer good mortgage products for getting rid of their huge stocks

Just for those of you which missed our guide:

Open publication - Free publishing - More buy

"Benamahoma", Cadiz, Spain, by Oscardodo, at flickr.com

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7 Comments

Peter said:
Tuesday, February 21, 2012 @ 6:29 PM

The Spanish dream will only work when companies and developers there comply with the law. I think twice now before going back to Spain for a holiday. Last time I went, someone slashed my car tyre on purpose (hoping to steal our belongings while we change the tyre).

Reg said:
Friday, February 24, 2012 @ 4:24 PM

Maria,

"In terms of legalities: Buying an already built property is a completely safe option in Spain. "

This is total nonsense. SOHA and AUAN already did a test on three houses, all with PERFECT paperwork. It transpired that ALL THREE had pending demolition orders! Demolition orders and perfect paperwork and online records.

Spain is a joke.

Reg said:
Monday, February 27, 2012 @ 11:16 AM

No comment, Maria?

María said:
Monday, February 27, 2012 @ 11:43 AM

Reg,

I do agree that the filter of Notaries and Registrars on existence of licenses did not exist till 2008, with a new Land Act which prescribes these professionals obligations on verifying the existence of these. So, yes, buying already properties in Spain registered in the Land Registry with the help of a good specialist lawyer is a safe option! :)

Kindest regards,

Maria

Maria said:
Monday, February 27, 2012 @ 2:52 PM

Your muddled answer does not address the facts, namely that even a lawyer cannot know a house is legal or not since the paperwork is meaningless. AUAN gave examples of three houses with perfect paperwork, which a LAWYER would use to ascertain the legality of a property, and all three had demolition orders on them!

Using a "specialist lawyer" is therefore useless as the houses already in the land registry can still have demolition orders on them.

Don't you get it Maria?

Reg said:
Wednesday, February 29, 2012 @ 10:05 AM

Maria, be interested to hear your specific response to the fact that houses with perfect paperwork, from people who have been to a notary etc, are actually earmarked for demolition.

Reg said:
Sunday, March 4, 2012 @ 5:20 PM

Maria is quiet...

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Maria
Lawyer. Director of the Costaluz Lawyers team. Useful legal tips for an easy way in Spain. www.costaluzlawyers.es

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