Our glossary includes some Spanish words which will be useful if you want
to buy a house in Spain. Buying property is a serious business, and even if you don't speak Spanish,
if you learn the basic concepts you will feel more confident as you go through the procedure of buying
your house in Spain.
The Junta de Andalucia finally passed a new law which will take away for up to five years the planning decisions from local Town Halls in the case of irregularities. Plans have also been announced to build a new motorway to link all of Andalucia in the next 3 years.
Non resident sellers pay on the notary day a retención of 3% of the purchase price. This is a deposit which the buyer has to pay to the fiscal authorities in the name of the sellers to cover the taxes from any gain in the sale price
Se alquila
For Rent
Se vende
For sale
Seguro de amortización de préstamos
Loan repayment insurance
Seguro multi-riesgo Hogar
House insurance
Señal
Deposit, down payment
Tasación
Independent valuation of property
Terreno
Plot of land
Tipo de interés
Rate of interest
Título de propiedad
Deeds stating the ownership of property, date of sale etc.
If we haven’t been able to answer your questions here please ask it below and we’ll get back in touch within 2 working
days with the answer. Please also use this form to make any general comments or suggestions regarding this website. You
comments are very welcome and only help us in our quest to publish a website that is not only informative but very easy to use.
