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Legal costs

Posted: Sat Apr 13, 2024 3:53pm
11 replies3 members subscribed
Chris158

Posts: 6

Location: Torrevieja

Joined: 17 Oct 2023

Hi does anyone know anything about transferring ownership of your property. What you need to do and approximately how much does it cost..

Thanks in advance ☺️

Sligogent

Posted: Sat Apr 13, 2024 9:35pm

Sligogent

Very helpful member

Posts: 1070

588 helpful points

Location: Torrevieja

Joined: 31 Jan 2021

Posted: Sat Apr 13, 2024 9:35pm

You  will get  good  advice here  but for actual  costs I  would  contact  a Solicitors  and I  am sure first  appointment  would be free to discuss  the in,s and out of Transferring  ownership  and the Costs   and Taxes  involved,  Try  to contact  2 or 3 Solicitors  and compare  Prices,  but  try to get  recommendations  as well. 

I  use  NCH  solicitor  in Punta Prima/La Cinuelica   area, They  have a website  up and Alex  speaks  perfect  English and  I  am happy with  them 

chrisseyp

Posted: Sat Apr 13, 2024 9:53pm

Posts: 12

24 helpful points

Location: Benferri

Joined: 14 Oct 2019

Posted: Sat Apr 13, 2024 9:53pm

Chris158 wrote on Sat Apr 13, 2024 3:53pm:

Hi does anyone know anything about transferring ownership of your property. What you need to do and approximately how much does it cost..

Thanks in advance ☺️

Hello. I purchased a property for my parents to live in approx ten years ago. Nieive to the spanish way of life, rules, taxes etc. My parents are at the point of dementia in there 80,s. My case was a pain to resolve as it looked as if I would inherit items which were already mine. Just recently the property i paid for and could prove I put the cash upfront still cost me in fees be it a solicitor and notary totaled just over 4,000 euros. 

Thy Will Be Done

Posted: Sun Apr 14, 2024 9:17am

Posts: 38

22 helpful points

Location: La Marina

Joined: 30 Dec 2023

Posted: Sun Apr 14, 2024 9:17am

Hi Chris158,

We would be happy to give you a free consultation and go through everything with you and provide a detailed quote.

In the first instance, just give us a call on 865 756 058 (Monday to Friday 9-4) and we will schedule either a telephone or face to face appointment for you with the appropriate specialist.

Kind regards

Paul


Find out more about Thy Will Be Done - a paid advertiser on this website.

Chris158

Posted: Sun Apr 14, 2024 12:57pm

Chris158

Original Poster

Posts: 6

Location: Torrevieja

Joined: 17 Oct 2023

Posted: Sun Apr 14, 2024 12:57pm

chrisseyp wrote on Sat Apr 13, 2024 9:53pm:

Hello. I purchased a property for my parents to live in approx ten years ago. Nieive to the spanish way of life, rules, taxes etc. My parents are at the point of dementia in there 80,s. My case was a pain to resolve as it looked as if I would inherit items which were already mine. Just recently t...

...he property i paid for and could prove I put the cash upfront still cost me in fees be it a solicitor and notary totaled just over 4,000 euros. 

Thank you very much , interesting. So much to be aware of.

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Chris158

Posted: Sun Apr 14, 2024 12:59pm

Chris158

Original Poster

Posts: 6

Location: Torrevieja

Joined: 17 Oct 2023

Posted: Sun Apr 14, 2024 12:59pm

Sligogent wrote on Sat Apr 13, 2024 9:35pm:

You  will get  good  advice here  but for actual  costs I  would  contact  a Solicitors  and I  am sure first  appointment  would be free to discuss  the in,s and out of Transferring  ownership  and the Costs   a...

...nd Taxes  involved,  Try  to contact  2 or 3 Solicitors  and compare  Prices,  but  try to get  recommendations  as well. 

I  use  NCH  solicitor  in Punta Prima/La Cinuelica   area, They  have a website  up and Alex  speaks  perfect  English and  I  am happy with  them 

Thanks for the information.

Chris158

Posted: Sun Apr 14, 2024 1:00pm

Chris158

Original Poster

Posts: 6

Location: Torrevieja

Joined: 17 Oct 2023

Posted: Sun Apr 14, 2024 1:00pm

Thy Will Be Done wrote on Sun Apr 14, 2024 9:17am:

Hi Chris158,

We would be happy to give you a free consultation and go through everything with you and provide a detailed quote.

In the first instance, just give us a call on 865 756 058 (Monday to Friday 9-4) and we will schedule either a telephone or face to face appointment for you with the appropriate specialist.

Kind regards

Paul

Thank you.

chrisseyp

Posted: Sun Apr 14, 2024 10:33pm

Posts: 12

24 helpful points

Location: Benferri

Joined: 14 Oct 2019

Posted: Sun Apr 14, 2024 10:33pm

Chris158 wrote on Sat Apr 13, 2024 3:53pm:

Hi does anyone know anything about transferring ownership of your property. What you need to do and approximately how much does it cost..

Thanks in advance ☺️

Dear Chris 158. In my case my parents lived on rented land for approx 25 years in Spain. Father had a heart attact and the ambulance could not find the remote address. Father had a stent put in. I looked around and purchased a property in Gran Alacant for 112,000 euros near to everything. My parents have paid taxes in Spain for the past 25-30 years. The property was put in my parents names as they were to pay all bills etc. A spanish will was drawn up leaving the property to me when they passed. This also saved my parents paying rent to anyone including myself. A gesture of goodwill as over the years as with other parents I am sure most children have been helped in the past. Time marched on, it was then brought to my attention that after my parents would pass my hard earned money would be divided between all children. Let me back tract please. If mother passed first father under Spanish Law receives 50%, mothers share or vice versa if Father sadly passed away first. The other 50% automaticaly transfers to the legal children however if the property is valued over 100,000 euros then capital gains tax cuts in and one has to pay to aquire to obtain ones left share in the property. This also includes the spouces 50% share. If you live in Spain the Government will also freeze 50% of what is left in the matrible bank account to cover burial costs etc. I proved where the monies came from to purchase the property from my account in the UK. I used a Spanish Solicitor to make an appointment with the Notary to transfere the property back into my name, also with my parents consent at the Notary grant me power of atorney as they are now elderly. Another will was drawn up under English law using the wording "prevails" as my parents have several other interests "Drifting Around". This then would ensure both my brothers would receive something after my parents passing. Spanish Law is very different to English/Scottish Law so be very carefull. I probally have left something out however it cost me just over 4,000 euros. Anyone that attends the Notary has to take proof of who they are, all paperwork has to be signed in front of the Notary by all parties involved. Every ones case is slightly different.   I hope this helps you. Christine. 

JillPe

Posted: Mon Apr 15, 2024 8:42am

JillPe

Helpful member

Posts: 279

227 helpful points

Location: Torrevieja

Joined: 19 Mar 2020

Posted: Mon Apr 15, 2024 8:42am

Chris158 wrote on Sat Apr 13, 2024 3:53pm:

Hi does anyone know anything about transferring ownership of your property. What you need to do and approximately how much does it cost..

Thanks in advance ☺️

Hi Chris. I have recently had my late husband’s half of our house transferred into my name. I was quoted a lot of money and tax by a few solicitors and other ‘companies’ - beware of ones that refer you to their legal partners, in case they have a service fee on top of what the legal partner will charge. Anyway, I used my Accountant - Gonzalez y Suarez Asesores in Playa Flamenca. José was brilliant, and much cheaper than any of the others. He didn’t charge an initial consultation fee, and broke down the quote in an email to me, so I could see exactly what were his fees, notary, land registry and tax. I would highly recommend him. Regards Jill

Chris158

Posted: Mon Apr 15, 2024 11:54am

Chris158

Original Poster

Posts: 6

Location: Torrevieja

Joined: 17 Oct 2023

Posted: Mon Apr 15, 2024 11:54am

JillPe wrote on Mon Apr 15, 2024 8:42am:

Hi Chris. I have recently had my late husband’s half of our house transferred into my name. I was quoted a lot of money and tax by a few solicitors and other ‘companies’ - beware of ones that refer you to their legal partners, in case they have a service fee on top of what the legal partner...

... will charge. Anyway, I used my Accountant - Gonzalez y Suarez Asesores in Playa Flamenca. José was brilliant, and much cheaper than any of the others. He didn’t charge an initial consultation fee, and broke down the quote in an email to me, so I could see exactly what were his fees, notary, land registry and tax. I would highly recommend him. Regards Jill

Thank you very much sounds promising. I will give them a call. I'm assuming around 4,000 Euros but no seems to know. X

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Jennifer Cunningham Insurances SL
POSITIVE BELIEFS
Espana Dream Properties
Costa Blanca Building Specialists
Blacktower Financial Management
Gentlevan Removals
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