Advice on buying a real estate property in Galicia

11/5/20231 min read

white and grey concrete building near swimming pool under clear sky during daytime
white and grey concrete building near swimming pool under clear sky during daytime

Buying a house in Spain can be daunting in certain cases, that’s why is important and advisable to seek legal advice and rely on an expert to assist you during the entire purchase and selling process.

Few aspects to bear in mind before buying a real estate asset in Spain:

Due diligence of the property: Verify the property's legal ownership and title deeds to ensure that the seller has the legal right to sell the property. Check that the property is free of charges, whether the property has any outstanding debts or unpaid bills, such as property taxes, utility bills, or community fees.

Preliminary sales agreement (contrato de arras): In case the seller accepts the offer, a preliminary sales agreement (contrato de Arras) is normally signed. If for any reason, the buyer cancels the agreement, the amount paid will be lost, while if the seller does, the amount paid will have to be returned double.

The public deed: The deed of sale is a public document used in a real estate transaction that grants veracity and legal certainty to both the buyer and the seller, i.e. it functions as a guarantee for all parties involved, and allows its registration in the land registry.

For any legal assistance you may need to buy a property in Galicia do not hesitate to call us at (+ 34) 618 19 52 96 or email at info@realestatelawyersgalicia.es