Why choose Erardo Ferrer Quintana?

Erardo Ferrer Quintana, born in Lanzarote, has 25 years of professional experience and a very high professional qualification in Spanish and Canarian property and urban planning law. Therefore, he offers full guarantees for a safe, fast and professional sale and purchase in Lanzarote. He knows every corner of the island perfectly, the legal, local, regional and state regulations and has assisted hundreds of clients who have bought their house or flat, with the highest degree of customer satisfaction. He also specialises in the purchase and sale of property by non-residents. It offers direct and immediate communication with all its clients, guaranteeing a fast and secure sale and purchase. He offers a comprehensive property conveyance service which includes the following components: 1) Drawing up the purchase contract, the preliminary contract and the reservation contract. 2) Verification that the seller is able to pass good title 3) Registry search to ensure property free of any charges or other mortgages 4) Ensure outstanding taxes on the property are up-to-date before transfer 5) Make sure that all items included in the sale (fixtures and fittings etc.) 6) Attendance and assistance when signing the deeds of the property 7) Verify that the property complies with all local zoning laws 8) Payment of stamp duty (sales tax) 9) Registration of new title on property registry

What Does This Service Consist Of?

Initial Consultation: Your journey commences with a thorough discussion, ensuring your lawyer comprehensively understands your needs and preferences. Property Verification: A thorough examination of the property’s legal status, ensuring it is free from debts, encumbrances, and with valid licensing. Legal Due Diligence: Meticulous scrutiny of legal documentation, ensuring every aspect adheres to Spanish property law. NIE Acquisition and Bank Procedures: Assistance in obtaining your NIE number and setting up a Spanish bank account, as required (check to confirm if included in conveyancing fees) Contract Management: From drafting to reviewing contracts, every detail is meticulously managed to safeguard your interests. Title Deed and Registration: Ensuring the title deed is correctly signed, and facilitating the smooth registration of the property under your name. Post-purchase Support: Continued support, ensuring you’re abreast with tax obligations and other post-purchase responsibilities (not included in conveyancing fees)

The Final Act: Notarisation and Registration

The notary plays a crucial role in the final stages, ensuring both parties fully understand the terms of the sale. Once the documents are signed, your property will be registered in the land registry. It's the official stamp that says, "This slice of Lanzarote paradise is yours!"

Budget Wisely: The Hidden Costs

While you're dreaming of sunsets on your new terrace, don't forget to budget for the less glamorous aspects. Set aside about 10% of the purchase price for various fees and taxes. These include transfer tax, notary fees, and potentially mortgage fees. It's the price of making your Lanzarote dream a reality.

The Paperwork Dance: From Contract to Escritura

The private contract sets the stage, outlining the terms of sale, purchase price, and completion date. Think of it as the dress rehearsal. The Escritura is the grand performance - signed by both parties, it's the official transfer of ownership. It's a momentous occasion, so savor it!

Your Legal Ally: The Indispensable Lawyer

Navigating the legal landscape of property purchase in Lanzarote can be as challenging as traversing its volcanic terrain. This is where your lawyer becomes your most valuable asset. They’ll be your guide, interpreter, and protector throughout the process, ensuring every ‘i’ is dotted and every ‘t’ is crossed in both the private contract and the all-important Escritura (title deeds). If you do not speak fluent Spanish, it is crucial to have a translator present to ensure you fully understand the process and documentation.

Negotiation: The Lanzarote Way

Negotiation is an expected part of the property buying process in Lanzarote. Start with a slightly lower offer, leaving room for friendly bargaining. Remember, it's not just about the price - clarify what's included in the sale. That charming antique armoire or the state-of-the-art outdoor grill could make or break the deal!

The Art of the Offer: Crafting Your Proposal

Before making an offer, immerse yourself in the local market. Research comparable properties, recent sales, and current trends. Armed with this knowledge, you can confidently present a competitive yet reasonable offer. Pro tip: Consider including a clause that allows for a refund if any title issues arise - it's your safety net in this foreign market.

The Lanzarote Property Buying Adventure: From Offer to Keys

Embarking on the journey of purchasing property in Lanzarote is an exciting adventure that typically unfolds over 4-6 weeks. This sun-soaked Canary Island offers a unique blend of volcanic landscapes and Mediterranean charm, making it a coveted destination for property buyers. Let's dive into the intricacies of this process, ensuring you're well-prepared for your Lanzarote property adventure.

The Final Step: Signing at the Public Notary

The day you sign the purchase agreement at the public notary is crucial. Never attend this appointment alone, even if you’re fluent in Spanish. Many issues and questions can arise during this process, and you need someone to advocate for your interests and provide accurate translations. The notary must witness any large value sales and ensure all parties understand the transaction. Key points to consider: A same-day certificate from the land registry must be checked to avoid last-minute surprises. Important clauses and documents, such as certificates and tax payment receipts, must be attached to the deed. An independent lawyer can ensure that every detail is properly handled. The notary's role includes overseeing the signing of mortgage deeds and property and mortgage deeds, ensuring all terms and conditions are understood. While buying a property in Lanzarote can be an exciting and rewarding experience, it’s essential to approach the process with caution and seek independent legal advice. This will help ensure a smooth transaction and protect your interests throughout the buying process.

FAQs || Lanzarote Lawyer

Why choose Erardo Ferrer Quintana?
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What Does This Service Consist Of?
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The Final Act: Notarisation and Registration
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Budget Wisely: The Hidden Costs
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The Paperwork Dance: From Contract to Escritura
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Your Legal Ally: The Indispensable Lawyer
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Negotiation: The Lanzarote Way
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The Art of the Offer: Crafting Your Proposal
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The Lanzarote Property Buying Adventure: From Offer to Keys
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The Final Step: Signing at the Public Notary
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