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Foreign Propery Glossary.

Please refer to the glossary below for common terms in various languages which may prove helpful when looking to purchase property abroad.

Spain
Abogado lawyer/solicitor   Gestor Conveyancer/solicitor
Adosado terrace or semi Hacienda equivalent to Inland Revenue
Agrimensor surveyor Hipotecta mortgage
Al Contado cash IBI annual property tax
Alquiler rent Immobilliaria estate agent
Arquitecto architect Impuesto tax
Asegurar to insure Licencia de obras building license
Asesor fiscal accountant NIE foreigners tax ID number
Catastro land office Notario solictor/notary
Chalet villa Nota simple property registry certificate
Cobrar to cash or collect payment Parcela building plot
Compensacion extranjera percentage deduction applied to Spanish income tax due to compensate for tax paid abroad Patrimonio capital assets, wealth
Comprador purchaser/buyer Plus valia municipal tax on sale
Comunidad de propietarios owners association in an appartment building or complex of attached houses Promotor developer
Contrato contract Propietario owner/landlord
Contracto de arrendamiento short-term rental aggrement Registro de la propiedad property registry
Contracto de compraventa contract of sale and purchase Representante fiscal tax official
Contribuyente taxpayer Talon cheque
Copia simple a copy of the title deeds Tanteo y retracto first right of refusal
Demanda lawsuit Tasa fee
Domicilliacion de pagos standing orderto bank for payment of electricity, water, tax bills etc Topografo land surveyor
Escritura the title deeds Transderencia transfer
Fianza deposit Urbanizacion housing estate
Finca plot of land/property    

 

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