{"id":3923,"date":"2019-12-09T16:37:53","date_gmt":"2019-12-09T16:37:53","guid":{"rendered":"http:\/\/decottalaw.com\/?p=3923"},"modified":"2019-12-09T16:37:56","modified_gmt":"2019-12-09T16:37:56","slug":"do-i-need-a-lawyer-when-i-sell-my-property-in-spain","status":"publish","type":"post","link":"https:\/\/decottalaw.com\/fr\/do-i-need-a-lawyer-when-i-sell-my-property-in-spain\/","title":{"rendered":"Do I need a lawyer when I sell my property in Spain"},"content":{"rendered":"\n

The simple answer to this question is Yes. Why? Firstly, the taxation on sales of property is case specific;<\/strong> whilst\nyou may be given an estimate by the estate agents, each particular sale should\nbe reviewed by a lawyer. Secondly, with the licencing of rural properties now\nan important issue, you don\u00b4t want to\nfind monies are retained  unless you\nunderstand why and have a lawyer who follows up on these matters. <\/strong><\/p>\n\n\n\n

For British clients there can be the additional worry about converting\nthe funds into sterling from euros. If you are considering selling, it is a\ngood idea to get legal advice early on to avoid any unexpected problems on the\nday.<\/p>\n\n\n\n

In a number of transactions between British people, we have been able to\nundertake the transaction in sterling provided the Notary is satisfied they\nhave evidence of the payment for the sale. All\nother debts such as Community of Owners bills, utilities etc can be settled on\nthe day<\/strong> or retentions made to cover these costs. If you have a  mortgage you need to be sure the bank will\nattend to cancel the mortgage. <\/p>\n\n\n\n

For non-residents there is also a 3% retention on the sale price which\nis on account of Capital Gains Tax. If you have not made a capital gain and are\nup to date with your non-resident taxes\nyou can apply for the return of this 3%.<\/strong> Your lawyer can arrange this but\nin some cases you may have to wait some months before the return of the funds. There\nis still some uncertainty about the obligation to pay plus valia<\/em> to the Town Hall when you make a loss on the sale.<\/p>\n\n\n\n

If you are not able to be in Spain on the day of sale you can grant\nlawyers a Spanish form Power of attorney to act for you. A lawyer instructed by\nyou can ensure all of the retentions are correct and provide you with an\nindividual tailored service. <\/p>\n\n\n\n

Our property services from our Nerja office serve Frigiliana, Torrox, Torrox Costa, Velez Malaga and east to Salobre\u00f1a, Almu\u00f1ecar and Motril. If you need an English speaking lawyer and are selling or buying property we offer an initial Free consultation. <\/strong><\/p>\n\n\n\n

For more information\ncontact De Cotta Law on 952 527014 or email <\/strong>info@decottalaw.net<\/strong><\/a>.<\/strong><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

The simple answer to this question is Yes. Why? Firstly, the taxation on sales of property is case specific; whilst you may be given an estimate by the estate agents, each particular sale should be reviewed by a lawyer. 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