Once you have paid for your new property in Spain and received the keys, it may feel like everything is finalized. However, several administrative tasks must be completed to ensure legal and practical readiness. Here are the key steps you should not forget!

1. Property Deed – Proof of Ownership

At closing, you will receive a Copia Simple of your property deed (Escritura), confirming ownership. If you financed the purchase with a mortgage, you will also receive a deed for the loan. The original documents will be mailed within a few months—keep them safe for future transactions.

2. Pay Taxes on Time

  • Transfer Tax (Impuesto de Transmisiones): 7% of the purchase price (for resale properties).
  • VAT (IVA) on New Builds: 10%.
    These taxes must be paid within 30 days after signing the deed before the notary.

3. Registering in the Property Registry

Register your property with Registro de la Propiedad to secure your ownership. You’ll need the deed copy, tax payment receipts, and proof of Plusvalía tax payment.

4. Transferring Utility Accounts

Change the name on electricity, gas, and water accounts. This can usually be done online or by phone using a previous bill and your property deed. For new-build properties, the first registration may take up to three weeks and include a setup fee.

5. Municipal Residency (Empadronamiento)

Register with the local town hall (Ayuntamiento) for tax benefits and access to public services. This can be done in person or online using a digital certificate.

6. Address Change Notifications

Inform key authorities such as the Traffic Department (DGT) and Tax Agency (Agencia Tributaria) about your new address.

7. Get Home Insurance

If you have a mortgage, the bank will typically require home insurance, but even if it’s not mandatory, it’s highly recommended to protect your property from unexpected damages.

8. Notify the Homeowners’ Association

Let the community association know you are the new owner and set up direct debit payments for community fees.

9. Change Locks for Extra Security

To ensure safety, changing the locks is a good idea—especially if the property was previously rented or had multiple keyholders.

Handling these steps promptly ensures a smooth transition to your new home in Spain. Need assistance? Contact Homenetspain for guidance, click here!