
POINTS TO REVIEW PRIOR TO BUYING/SELLING OF A HOME
– Request for Simple Note from the Property Registry
– Energy certificate.
Request for processing of the certificate with a quantity surveyor if you do not have one
– Certificate of occupancy.
Check validity. Request renewal from the Council and quantity surveyor due to expiry
– Last receipt of IBI and Garbage.
– Certificate of being up to date with community expenses
– Last bills paid for utilities (water, electricity, gas)
– Deposit contract.
Drafting and revision by lawyers who are experts in Real Estate Law
– Sufficient powers of attorney and signature
REVIEW WITH THE TECHNICIAN
– Deed of the house. To review
– Statutes and rules of the community.
Petition to the Real Estate Registry and review
– Floor plans of the house.
– Technical Building Inspection Certificate (ITE).
If the building is more than 45 years old
– Descriptive and graphic certification of the Cadastre
– Certificate of outstanding debts.
TOWN PLANNING. According to urban planning situation
– Classification and qualification of the plot
– Review of General Urban Planning Plans of the Balearic Islands and of each City Council.
– Check urban planning discipline files
– Review unregistered and unlicensed buildings
– Building permit requested and in process
– Final certificate of works
– First occupancy license
– Certificate of occupancy according to PGOU
– Sectoral licences/authorisations/permits (coasts, etc.)
TAX MANAGEMENT
– Municipal capital gains. I.I.V.T.N.U.
– ITP. Property Transfer Tax.
Calculation and settlement according to AEAT verification.
– Capital gain to be taxed in annual personal income tax.
– Notary fees
– Property Registry Fee
– 3% retention from non-resident sellers
– Agency. Tax settlement and registration in the Registry