If you are buying or selling a property in Málaga, the above solicitors can provide you with an expert conveyancer in Málaga to set up the purchase contracts, register the ownership or pay the taxes for you. As a result of Brexit, moving to Spain has become a bit more difficult choice for many property buyers. A solicitor in Marbella can help in many matters like conveyancing, wills, residency & taxation in Spain.
What can a property lawyer in Málaga do for you?
Estimate of Closing Costs – An estimation of the closing costs is given during the first meeting with your real estate lawyer. Please note this value can fluctuate slightly as your lawyer may not be in possession of all the documentation relating to the property you are buying in Malaga.
Purchase Contract – sets out the terms and conditions of the transaction. It includes information relating to the identity of the owner, a detailed description of the property, registration and tax numbers, purchase price, deposit, date of completion and method of payment. Both parties (seller and buyer) become contractually bound with the signature of this ‘Option Contract’.
At this stage, if the seller decides to withdraw from the sale once the deposit has been paid, then he will be obliged to reimburse the buyer double the deposit amount. If on the other hand, the buyer decides to withdraw from the sale after the deposit has been paid, the buyer is required to forfeit their deposit.
Final Deed – Before signing the final deed of purchase and sale, the property transfer tax and stamp duty must be paid at the Tax Department. The buyer´s legal representative or real estate lawyer is responsible for obtaining these documents and pay the tax 30 days after completion at the public Notary Office.
Looking at reports by Spain’s largest valuers and property consultants, optimism is definitely in the air. The latest Tinsa evaluation was very positive:
“Figures point to both Malaga city and Costa del Sol property markets experiencing a quick recovery as soon as the health situation is back to normal.” Malaga on the starting blocks, Tinsa 11 May 2021
The Associated Real Estate Lawyers of Property-Lawyers.com offer expertise, independent advice and 100% confidence for buying a property in Málaga.
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