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Buying Property in Spain - Glossary

Buying Property in Spain Although any expatriate intending to buy property in Spain would be advised to use the professional services of an estate agent and a translator and must legalise the transaction before a Public Notary, the following glossary of terms commonly used either to describe properties in Spain or during the transaction process is a useful aid for non-Spanish speakers. Abogado - Lawyer Actos Juridicos Documentados (AJD) - Stamp duty Adosado - Semi-detached house Agencia Inmobiliaria - Estate Agent Agencia Tributaria - Tax office A. (Agente de la Propiedad Inmobiliaria) - Officially licensed estate agent Aire acondicionado - Air conditioning Aparcamiento - Parking Apartamento - Apartment Arras - Small payment given to the seller to guarantee that the property transaction will be completed within an agreed time limit. Asesor Fiscal - Financial Advisor Aval - Loan underwriter Ayuntamiento - Town hall Balcón - Balcony Baño - Bath/WC Caja de Ahorros - Savings bank Calefacción central - Central heating Campo - Countryside Casita - Cottage Chalet - Villa Cocina - Kitchen Comedor - Dining room Compra - Buying Compra-Venta - Promise to Purchase Contract Comunidad de propietarios - Comunity of property owners Constructor - Builder Copia Simple - Copy of the Mortgage Deeds Cuarto de Baño - Bathroom Cuotas de comunidad - Community fees Cuenta de Banco - Bank account Documento privado - Private document Documento público - Public document Dormitorio - Bedroom Ducha - Shower Duplex - Apartment over two floors Edificio - Building Escritura - Deeds of ownership Finca - Farm house or small estate Garaje - Garage Habitación - Room Hacienda - Tax office Hipoteca - Mortgage I.

I Rates Inmobiliaria/agente - Estate agent IVA - VAT Jardín - Garden Ladrillo - Brick Libre de cargas - Debt free Licencia de obra - Building permission Licencia de Ocupación - License to occupy a property Metros cuadrados - Square metres N. - Identity Number for Foreigners Notario - Notary Records legal documents and transactions Nota Simple - Certificate from Land Registry Obra nueva - Document certifying a new building Oferta vinculante - Bank document specifying mortgage conditions Pago en efectivo - Cash payment Parcela - Lot or plot Piscina - Swimming pool Piso - Apartment Plan Parcial - Town hall plan for building plots Playa - Beach Plusvalía - Municipal Capital gains tax on sale of property Poder - Power of Attorney Préstamo - Loan Pueblo - Town or village Registro de la Propiedad - Land Registry Representante fiscal - Foreigner's official tax representative Residencia - Residency permit Residente - Resident Sala, salon - Lounge Se vende - For sale Se alquila - For Rent Solar - Lot for building Solana - Utility Room Sótano - Basement Tarjeta de Banco - Bank card Techo - Roof Teja - Roof tile Terraza - Terrace Terreno - Land plot Tipo de interés - Interest rate Título de propiedad - Property ownership deeds Trastero - Storeroom Venta - Selling Vista de mar - Sea view.


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