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Buying Property On The Balearic Islands

What do I need to know when purchasing a property on Ibiza? 1. Additional costs Before you start looking for a property you should consider that on top of the advertised sales price you have to deal with taxes and further costs (Notary, Registry- etc). Normally these costs amount to … Continue reading

Filled under : Ibiza Real Estate
Author : lasanclas
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Real Estate Purchase Contracts In Ibiza

GENERAL: Although there is no legal obligation in Spain to have sales-purchase contracts notarized, it is nevertheless highly recommended to do so. When buying real estate a private contract is usually signed before issuing the public sales-purchase deed (escritura de compraventa). In general there are three types of written sales … Continue reading

Filled under : Ibiza Real Estate , Legislation
Author : lasanclas
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Land Registry Ibiza

WHY LAND REGISTRY (Registro de la Propiedad)? In Spain, real estate can effectively be acquired by signing only a private contract, without entering it into the Spanish Land registry (Registro de la Propiedad). However, the registration in the name of the buyer is highly recommended, as with regard to third … Continue reading

Filled under : Ibiza Real Estate , Legislation
Author : lasanclas
Comment Number : No Comment Yet