4 benefits of hiring a real estate lawyer in Spain
Real estate transactions can be complex, but hiring an expert, local property lawyer puts you in a strong position. Below, you can find some of the main advantages of hiring a real estate lawyer in Spain.
1. Peace of mind
Understandably, you may want to economise as much as possible on your property transaction, and it’s true that hiring a lawyer inevitably adds to the overall cost. But when you hire an expert real estate lawyer in Spain, you’re not just booking their services. You’re taking advantage of their in-depth knowledge and legal experience.
They can save you money and take away stress in the long run, avoiding costly and time-consuming issues. This is especially important when you’re not au fait with local laws and regulations.
2. Advice for non-Spanish buyers
Whether you’re looking for a property as an investment, holiday home, or permanent residence, buying abroad can be daunting.
A multilingual, specialist lawyer can provide pre-purchase advice and help you make informed decisions, from wherever you’re based. Some lawyers may also be able to give advice about obtaining residency if needed.
With their help, you can prevent and solve issues that arise, without language barriers getting in the way.
3. Avoid unexpected problems
Not every transaction is as it seems. The seller might not truly own the property, a rural villa could be unregistered or lack planning permission, or the property might come with debts or charges. These are just a few of the pitfalls buyers can face.
A qualified and registered lawyer can do thorough due diligence on your behalf. They know what to look for and where to look for it, helping your transaction run smoothly and saving you money.
Choosing a local lawyer also means having someone on your team who truly understands local systems. That might be zoning laws, local planning permission rules, or regional requirements for holiday let permits.
There is a chance that they might also have links with other professionals in the area and even be able to give referrals.
4. Assistance with rental licences
In Spain, the rules and regulations for renting out your property can vary depending on the area and type of property. If you’re determined to let your property, this is something you should research prior to purchase.
For instance, in areas such as Mallorca, a property will need an ETV license in order to be eligible for holiday lets. There are several types of licenses, and these may or may not be granted depending on factors such as communal areas, property age, and how the land is zoned. Your lawyer should be able to advise you on this.
How to choose your lawyer
Spanish property lawyers specialize in specific types of law. If you decide to buy, sell, let, or undertake another type of property transaction, chances are you’ll need to find a lawyer who specializes in real estate law.
Your lawyer should be qualified, registered, and experienced. They should have the right professional insurance, and work in your interests.
At Property Lawyers, we are here to help you find the right property lawyer for your transaction. We have a list of local lawyers ready to help. Simply start your search to find out more.
Just start your search to get more information in some of our main locations: Mallorca, Marbella, Ibiza, Menorca, Barcelona, Madrid
