Useful check list when purchasing a property in Spain

Think and make a list of what you need out of a property. Research locations and contact a recommended real estate agency. Try to find a good recommended agency that listens to what you want and not just what they want to sell to you and book viewings. Once you have found the property you would like to buy you must take into account the following:

NIE

1. Get a NIE number – As a foreigner you need to obtain a NIE number (número de identificación de extranjeros) required for the payment of taxes in Spain. Your deed (“escritura”) will not be granted without a NIE number.

2. Open a bank account – Why do you need to open a bank account in Spain? If you purchase a Spanish property, sooner or later, it will be necessary. It will help you to pay and settle payments for utilities, local taxes, expenses, etc. To open a non-resident account, you will need the following:

• A valid, unexpired passport or national identity card if you’re an EU citizen. .

• Foreigner identification number and certificate (número de identificación de extranjeros NIE)

• A document that proves your address in Spain, such as a utility bill that is less than three months old, or a recent bank statement from another Spanish bank.

• Proof of employment status or place where the funds have originated (employment agreement, income tax certificates, or a letter confirming your unemployment status, receiving state benefits, etc.).

We at Mallorcaresidencia can help you find a suitable bank for your specific needs.

3. Contact a lawyer – It is highly advisable to engage the services of a lawyer when purchasing a property in Spain. She/he will carry out the following legal checks for you:

  • Land Registry – To verify that the property you want to purchase is correctly registered, under the vendor’s name, free of any charges, limitations and encumbrances.
  • Town Hall (City-Hall) – To verify if there is any penalty proceeding (“infracción”) against the property and if it complies with building and urban regulations in the area where it is located. Check with the Town Hall that the payments for Council Tax the local rates (“IBI – Impuesto de Bienes Inmuebles Naturaleza Urbana”) and the rate for the refuse collection (“basuras”) are updated.
  • Cadastre – Verify that the property has been properly registered in the Cadastre (“Catastro”).
  • Community of owners – If the property is part of a community you will need to check with the administrator or the president of the community for any outstanding debts or extra charges (“derramas”) and it is also convenient to check if there are any other problems in the community. Once the deed has been signed at the notary, the community of owners should be contacted and informed about the change in ownerships.aktas och informeras om förändringen av ägarskap.
  • Utilities companies (Water, electricity etc.) – Check that there are definitive contracts and no outstanding debts or any other circumstances that will compromise water or electricity supplies after the purchase. Once the deed has been signed your lawyer can help you to make the changes with the different utility companies such as change of names in the contracts, bank details etc.

We at Mallorcaresidencia can recommend Montis Abogados in Palma.

Other legal checks you might want to consider:

  • Architect’s report and valuation – If you want to know the approximate market you could ask a surveyor to render a valuation or an architect’s report if you want to know more about the structural situation of then property.
  • Make a Spanish will – There never seems to be a right time to make a will but making a Spanish will at the same time as you purchase your property will save money and ensure your assets in Spain are inherited according to your wishes. The procedure at the notary is both simple and cheap. Different countries have different laws that determine who you can and cannot leave your assets to. It is best to write a new will if you do not want the Spanish law to be applied, but prefer your home country’s laws, but according to EU law, this intention must be declared in a Spanish will.
  • Non-Resident Tax Return – As a property owner in Spain you are obliged to submit a Non-Resident Tax Return

4. Make an appointment with a notary – This is something that your lawyer will arrange for you. Once the public purchase deed (“Escritura pública de compraventa”) has been granted by the notary you can pronounce yourself a property owner in Spain! Now is the time to sit back and enjoy! – Congratulations you’ve made it! Time to relax and enjoy a refreshing drink, beer or sangria!

Mirlinda Jonuzi

Team Assistant@ Mallorcafastigheter

Leave a Reply

Your email address will not be published. Required fields are marked *

Name *

Fill in your details and we will help you find your dream home

These are the latest properties for sale in Mallorca

Luxury object

Rustic land plot with breathtaking mountain views

Ref. MF2574

This is a rustic land plot close to Santa Maria located in the vineyards area of Mallorca. It has fantastic views towards the Tramuntana mountain range.  The...

790.000
500 m2
123 m2
Santa Maria
4
3
More about the property
Luxury object

Rooftop apartment with terrace next to Santa Catalina

Ref. MF2590

Modern penthouse is located at the top of a relatively new building from 2020 on four floors with a lift. The floor is located right next to the famous tennis club...

350.000
43 m2
19 m2
Son Armadams
1
1
More about the property
Luxury object

Townhouse to renovate in Son Espanyolet

Ref. 0226254

This two storey house is located on a quiet street in the neighborhood of Son Espanyolet, a few minutes away from the Santa Catalina market. This house is a unique...

777.000
194 m2
Son Espanyolet
6
2
More about the property
Luxury object

Luxury townhouse with pool in Son Espanyolet

Ref. MF2504

This practically brand new house is located on a quiet street in the sought after area of Son Espanyolet. The property boasts a living area of over 300 m2 plus more...

2.250.000
300 m2
160 m2
Son Espanyolet
5
4
More about the property
Luxury object

Newly built exclusive apartment with sea views, pool and gym in Cala Major

Ref. MF2582

This very lovely apartment is located on the fourth floor of a newly built and exclusive building with lift, communal pool, gym and sauna, in Cala Major, only a few...

1.250.000
78 m2
31 m2
Cala Major
2
2
More about the property
Luxury object

The perfect little townhouse in Santa Catalina

Ref. MF2594

This is a wonderful smaller townhouse on one of the most charming streets in Santa Catalina. Here you can fulfill the dream of owning your own house in a highly...

575.000
65 m2
20 m2
Santa Catalina - Tennis
2
1
More about the property
Luxury object

Fabulous apartment to renovate in Cala Mayor

Ref. 037996

The property is strategically located on the seafront, in the sought-after beach area of Cala Major, only 10 minutes away from the heart of Palma. This location not...

1.150.000
145 m2
15 m2
Cala Major
4
2
More about the property
Luxury object

Charming penthouse in El Camp d'en Serralta with a private terrace

Ref. MF2521

A few minutes’ walk from Santa Catalina, we find this apartment in a Well kept building. This Refurbished apartment is situated on the 7th floor, complete...

475.000
82 m2
23 m2
El Camp d'en Serralta
3
2
More about the property
Luxury objectSold

Penthouse in Palma with stunning views and access to a roof top terrace with pool

Ref. MF2559

This modern and high quality penthouse flat is situated in a prime location with impressive views of the harbour and bay of Palma. The prestigious living/dining...

-
329 m2
37 m2
El Terreno
4
4
More about the property
Luxury object

Townhouse with private roof terrace im Son Espanyolet

Ref. VM102C

This townhouse is located in Son Espanyolet,  just a few minutes away from Palma center. The townhouse is part of a newly built project of 3 adjacent...

560.000
80 m2
20 m2
Son Espanyolet
2
1
More about the property
Luxury object

Modern and bright townhouse close to Santa Catalina

Ref. MF2595

Modern and bright townhouse in the outskirts of Santa Catalina. This spacious property offers a quiet oasis in the middle of the city. Within five minutes by foot...

1.750.000
188 m2
84 m2
Santa Catalina - Tennis
3
3
More about the property
Luxury objectSold

Lovely house with expansive patio area in Puerto Pollensa

Ref. MF2596

The delightful villa is situated on a quiet street, just 200m from the sea. Shops, cafés, and restaurants are conveniently within a 10-minute walk. The...

-
129 m2
300 m2
Port de Pollensa
3
3
More about the property
Luxury object

Townhouse with private roof terrace im Son Espanyolet

Ref. VM102A

This townhouse is located in Son Espanyolet,  just a few minutes away from Palma center. The townhouse is part of a newly built project of 3 adjacent...

810.000
150 m2
47 m2
Son Espanyolet
3
2
More about the property
Luxury object

Townhouse with private roof terrace im Son Espanyolet

Ref. VM102B

This townhouse is located in Son Espanyolet,  just a few minutes away from Palma center. The townhouse is part of a newly built project of 3 adjacent...

795.000
151 m2
46 m2
Son Espanyolet
3
2
More about the property
Luxury objectSold

Villa with private pool and spacious garden in Santa Ponsa

Ref. MF2589

This beautiful well planned villa is located in the luxury residential area of Santa Ponsa. Santa Ponsa has two sandy beaches, stunning views of the mountains...

-
220 m2
120 m2
Santa Ponsa
4
3
More about the property
Luxury object

Newly built penthouse with private roof terrace close to Portixol

Ref. MF2592

This modern apartment of approx. 80m2 is divided into an open-plan living room and kitchen, 3 bedrooms and 2 bathrooms. It is located on the outskirts of Palma,...

960.000
80 m2
42 m2
Nou Llevant
3
2
More about the property
Luxury object

Fantastic duplex penthouse with best location in Santa Catalina

Ref. MF2593

This bright duplex penthouse is a unique gem in a fantastic location. The living space of about 126 m2 is spread over two levels. The entrance floor consists of...

1.350.000
126 m2
68 m2
Santa Catalina - Tennis
3
2
More about the property
Luxury objectSold

Beautiful townhouse with pool in Son Espanyolet

Ref. MF2591

This wonderful townhouse with carefully selected materials is located in Son Espanyolet, a quiet residential area of Palma close to Santa Catalina and Paseo...

-
200 m2
117 m2
Son Espanyolet
4
4
More about the property
Luxury object

A luxury townhouse in the heart of Santa Maria

Ref. MFP073

This newly built townhouse in Santa María is both comfortable and stylish. It has a great indoor and outdoor space. In addition, it is located in a...

1.995.000
230 m2
100 m2
Santa Maria
4
4
More about the property
Luxury object

Bright penthouse with terrace and views by Paseo Mallorca

Ref. MF2505

Beautiful and bright penthouse located on one of Palma's most beautiful streets, right next to Paseo Mallorca. The apartment is located at the top of a...

850.000
96 m2
21 m2
Casco Antiguo - Old Town
3
2
More about the property
Luxury object

Bright penthouse with lovely terrace in Santa Catalina

Ref. MF2575

This is a bright and fresh penthouse in Santa Catalina with a lovely terrace and wonderful views of the sea, the Cathedral and the mountains. Santa Catalina is a...

425.000
60 m2
10 m2
Santa Catalina - Tennis
2
1
More about the property
Luxury object

Perfect apartment in the center of Santa Catalina

Ref. MF2488

Elegantly refurbished and filled with natural light, this apartment is ideally located in the sought after neighborhood of Santa Catalina. Just a few minutes'...

565.000
111 m2
10 m2
Santa Catalina - Tennis
2
3
More about the property
Luxury object

Fantastic first line sea view apartment with terrace in Illetas

Ref. MF2499

This bright and completely refurbished apartment is located in front of the sea in Illetas. It has breathtaking sea views since it is situated in the first line....

1.095.000
77 m2
15 m2
Illetas
2
2
More about the property
Luxury object

Newly renovated apartment with balcony very close to the beach in Cala Major

Ref. MF2586

This is a very nice, completely renovated apartment with a lot of light located in a well-maintained building with lift, communal pool and garage. With a...

575.000
71 m2
7 m2
Cala Major
2
2
More about the property
Luxury object

Charming flat with pool in El Terreno

Ref. MF2588

This cozy, recently renovated flat is situated on the most charming street in El Terreno, just 10 steps from the entrance to Bellver Park. El Terreno is an...

295.000
62 m2
15 m2
El Terreno
2
1
More about the property
Luxury object

Impressive Mediterranean manor with pool, several terraces and separate guest house in Son Rapinya

Ref. MF1825

This more than 100-year-old mansion, whose building materials, electrical, heating and sanitary installations were completely renovated at the beginning of the year...

2.150.000
550 m2
Son Rapinya
8
6
More about the property
Luxury objectSold

Refurbished flat in fantastic condition in a central location in Palma

Ref. MF2587

Around the corner from Plaza Madrid and within five minutes walking distance to Santa Catalina as well as the shopping street Jaime III in Palma city centre we find...

-
91 m2
6 m2
El Camp d'en Serralta
3
2
More about the property
Show more properties

Fill in your details and we will help you find your dream home

Fill in your details and we will help you find your dream home

Please fill in our request form by clicking on the link. In the form, you can also choose whether you want to be informed about our latest properties via email or newsletters.

Questionnaire
Open chat
1
More than a real estate agency
Welcome to Mallorcaresidencia! How can we help you?