Real estate transactions can be complex, but hiring an experienced, local real estate lawyer to provide real estate consulting, puts you in a position of strength. Below are the 4 main advantages of hiring a property lawyer in Spain.
1. Peace of mind
It is understandable that you want to save as much as possible on your property transaction, and it is true that hiring a lawyer inevitably adds to the overall cost. But when you hire an expert property lawyer in Spain, you are not just hiring their services. You are taking advantage of their in-depth knowledge and legal expertise.
They can save you money and take the stress away in the long run, avoiding costly and time-consuming problems. This is especially important when you are not aware of local laws and regulations.
2. Tips for non-Spanish buyers
Whether you are looking for a property as an investment, holiday home or permanent residence, buying abroad can be daunting.
A multilingual, specialist lawyer can advise you before you buy and help you make informed decisions, wherever you are. Some lawyers can also advise on obtaining residency, if necessary.
With their help, you will be able to prevent and resolve any problems that arise, without language barriers getting in the way.
3. Avoid unexpected problems
Not all transactions are what they seem. The seller may not actually own the property, a country villa may not be registered or lack planning permission, or the property may come with debts or encumbrances. These are just some of the pitfalls buyers may face.
A qualified and registered lawyer can carry out due diligence on your behalf. They know what to look for and where to look, which helps the transaction go smoothly and saves money.
Choosing a local lawyer also means having someone on your team who really understands the local systems. This could be zoning laws, local zoning permit rules or regional requirements for vacation rental permits.
They may also have links to other professionals in the area and may even be able to provide references.
4. Help with rental licences
In Spain, the rules and regulations for renting out your property can vary depending on the area and the type of property. If you are determined to rent your property, this is something you should research prior to purchase.
For example, in areas such as the Costa Blanca, a property will need a licence to be able to rent it out on holiday. There are various types of licences, and these may or may not be granted depending on factors such as the communal areas, the age of the property and the zoning of the land. Your lawyer should be able to advise you on this.
How to choose your property lawyer
Spanish property lawyers specialise in specific types of law. If you decide to buy, sell, rent or undertake any other type of real estate transaction, you will most likely need to find a lawyer who specialises in real estate law.
Your lawyer should be qualified, registered and experienced. He or she should have the appropriate professional insurance and work in your best interests. At Firmalex, we are chartered real estate lawyers ready to help you find the right Spanish real estate for your transaction.
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