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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