Buying Property in Spain - Glossary
Below is a MRR and PLR article in category Finance -> subcategory Real Estate.
Title:Buying Property in Spain - Glossary
Word Count:
515
Summary:
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.
Keywords:
buying property in spain, spanish word glossary
Article Body:
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.P.I. (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
Balc?n - Balcony
Ba?o - Bath/WC
Caja de Ahorros - Savings bank
Calefacci?n 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 Ba?o - Bathroom
Cuotas de comunidad - Community fees
Cuenta de Banco - Bank account
Documento privado - Private document
Documento p?blico - 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
Habitaci?n - Room
Hacienda - Tax office
Hipoteca - Mortgage I.B.I Rates
Inmobiliaria/agente - Estate agent
IVA - VAT
Jard?n - Garden
Ladrillo - Brick
Libre de cargas - Debt free
Licencia de obra - Building permission
Licencia de Ocupaci?n - License to occupy a property
Metros cuadrados - Square metres
N.I.E. - 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
Plusval?a - Municipal Capital gains tax on sale of property
Poder - Power of Attorney
Pr?stamo - 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
S?tano - Basement
Tarjeta de Banco - Bank card
Techo - Roof
Teja - Roof tile
Terraza - Terrace
Terreno - Land plot
Tipo de inter?s - Interest rate
T?tulo de propiedad - Property ownership deeds
Trastero - Storeroom
Venta - Selling
Vista de mar - Sea view
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