Having an experienced lawyer working alongside you could literally be a deal breaker.
O Is the property legal?
O Are the square metres legally declared?
O Are the property borders correct?
O Is the paperwork in place to allow you to rent out the property?
O Are there any debts against the property?
These are just some of the issues the lawyer will be looking for during the ‘due diligence’ period of the sale after reserving the property. Once due diligence is done, they will work with the vendor’s lawyer to draft the private contract, ensuring that you are fully protected every step of the way.
If you wish your lawyer can act on your behalf with a POA (Power of Attorney)- This way your lawyer can sign and take care of all essential paperwork requirements for you. Which include transfer of utilities, property taxes and applying for NIE, your Spanish tax identification number. Lawyers’ fees for conducting the legal work normally range between 1 to 1.5% of the purchase price. If you wish to use the lawyer that has represented the vast majority of our clients over many years, we are happy to refer you to him. You can find out more about him in our network feature.
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About Us
IPP Spain is a family run real estate agency which has been working on the Costa del Sol for 20 years. We look after clients wanting to buy property from Malaga all the way to Estepona - from studios and apartments to multi-million euro villas. Some people are looking for their dream second home, others want a lucrative holiday rental property and many are now relocating to Spain for a change in lifestyle.
We are a mix of Spanish and English speakers and our aim is to make the property buying experience in Spain a pleasure for our clients.
We help them every step of the buying process, including support finding Spanish mortgages and connecting them with our own lawyers who offer a special discount for our clients.
We also offer a property management service for those clients who wish to rent out their properties for winter or long-term rentals.
We have access to all the new build projects, saving you a lot of time and being able to guide you with our market knowledge. Buying directly from the developer will not save you any money.
