Get access to important questions and answers for your process.
The process typically involves negotiating the terms of sale, signing a reservation and/or purchase agreement (contrato de arras), obtaining a NIE (foreigner identification number), opening a bank account, and completing the final deed of sale (escritura pública) before a notary.
Apart from the property’s price, you’ll need to have approximately an additional 10% ready to cover property transfer taxes, notary fees, registration fees, legal fees, and some possible extra costs (notarial power, translations if necessary..).
It depends on the complexity of each case. What may delay the transaction itself is the preparation of all the documents involved in the purchase/sale, such as certificates, notarial powers, anything related to public administrations… We stand out for being quick and efficient in the part that corresponds to us.
The process involves several steps, including obtaining a death certificate, locating the will (if any), obtaining a certificate of last wills, and obtaining a certificate of inheritance, arranging a distribution of assets, title deed, registration, taxes.
Yes, there are inheritance taxes in Spain, which vary depending on the relationship between the deceased and the beneficiary, the value of the property, and the region in Spain where the property is located.
It is not an obligation, but if you have assets in Spain, we highly recommend you grant a Will. A valid Will will simplify the inheritance allocation procedure for your heirs, saving them time and money.
The timeframe canvary depending on various factors, including the complexity of the estate involved, potential legal disputes, presence of a Will in Spain… Generally, it can take several months to a year or more to complete the process.
It is highly recommended to seek legal assistance from a Spanish lawyer experienced in inheritance law to navigate the complex process smoothly.
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Our law firm is situated in the distinguished ‘Edificio Lorca’, an office building located in the heart of the beautiful municipality of Benalmádena, in Costa del Sol. We are just a few minutes away from the train station and the main taxi stop, and we also have plenty of parking options nearby.
Edificio Lorca’s entrance is accessed from the street behind the main Garcia Lorca Avenue, through Calle Lanzarote. Our law firm is located on the second floor, door I.
We have a spacious office with magnificent and welcoming facilities to assist our clients, but we work with previous arranged appointment, so don’t hesitate and CONTACT US – to schedule yours!
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