Buying or selling property in Spain can involve unfamiliar paperwork, banking requirements and legal checks, particularly for people managing the process from overseas. CJH Consultancy Services offers English-speaking consultancy support for residents in Lanzarote, the wider Canaries and mainland Spain, with Colin helping clients navigate the process and connect with the appropriate professionals.
For residents buying property in Spain, the excitement of finding the right home can sometimes overshadow the practical work required before completion.
There can be questions around finance, identification, contracts, ownership, planning matters and outstanding debts attached to a property. For someone dealing with the process from another country, having a clear understanding of each stage can make a significant difference.
CJH Consultancy Services supports clients in Lanzarote, across the wider Canary Islands and mainland Spain, with Colin available to discuss individual circumstances. The consultancy works with Temis & Co, a Spanish-based law firm, when Spanish legal services are required.
The process can begin with an initial meeting, either in person or via Zoom, to establish the client’s circumstances and identify the services that may be required.
For a Spanish property purchase, assistance can include opening a Spanish bank account and preparing information required by the bank to demonstrate the source of funds. Clients may also need a Power of Attorney so that legal representatives can act on their behalf, including during the purchase and before the Spanish Notary.
An NIE, or Foreigners’ Tax Identification Number, is another important part of the process. CJH’s information also highlights the role of reviewing contracts, including reservation agreements and the private contract known as an arras contract.
Legal checks on the property form another key stage. These can include examining the seller’s title, checking for liens, charges and other encumbrances, and considering whether planning regulations could affect the buyer’s interests.
There are also practical checks that can easily be overlooked. CJH and its associated legal professionals can make enquiries with the Community of Owners to establish whether payments are up to date, while utilities and property tax can also be checked before completion.
Colin can also assist clients who are selling property in Spain, as well as with post-completion matters such as changing utility contracts or arranging direct debits for IBI property tax.
For people living in Lanzarote who own or are considering buying Spanish property, the process does not necessarily have to be handled alone. CJH’s approach is to establish the wider picture first and then bring in the appropriate professionals for the legal and property work involved.
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