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Spanish Property in Spain
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Spanish Property Dictionary

Below you will find a list of commonly used terms when buying Off Plan Properties in Spain.

  • Abogado (Abogada):
    lawyer, attorney or solicitor
  • Administrador de Fincas:
    licensed property administrator
  • API (Agente de la Propiedad Inmobiliaria):
    association of estate agents
  • Arbitrio sobre el incremento del valor de los terrenos:
    municipal tax on property sales
  • Aval:
    bank guarantee or endorsement
  • Boletin Oficial:
    official state record where laws are published
  • Catastro:
    land office as related to measurements and physical descriptions of property
  • Certificado Catastral:
    Catastral certificate describing lands and buildings
  • Comunidad de Propietarios:
    community of property owners
  • Declaracion de Obra Nueva:
    declaration of new construction
  • Escritura de Compraventa:
    sales contract
  • Escritura Publica:
    registered title deed
  • Expediente de Dominio:
    to establish title
  • Finca:
    any plot of land or property
  • Gestor:
    licensed administrator in Spanish procedures
  • GIPE (Gestor y lntermediario de Propiedades y Edificios):
    association of estate agents as related to mortgage
  • Impuesto sobre Bienes Inmuebles (IBI):
    annual property tax
  • Impuesto de Transmisiones Patrimoniales (ITP):
    property transfer tax
  • Jurado de Expropiaciones:
    special tribunal in cases of forced purchase
  • Justiprecio:
    legislation of fair price in cases of forcible purchase
  • Ley de Costas:
    act to protect the coastline
  • Ley de Tasas:
    law of public fees
  • Ministerio de Obras Publicas y Transportes (MOPT):
    ministry of public works and transport
  • Nota Simple:
    certificate of registration from property registry
  • Nueva Construccion:
    new property in Spain
  • Oficina Liquidadora:
    tax office assigning property values
  • Plan General de Ordenacion Urbana (PGOU):
    town development plan
  • Plan Parcial:
    plan of building plots in an urbanisation
  • Plus Valia:
    municipal tax on property sales
  • Poder:
    power of attorney
  • Pre Contract:
    contract previous to signing the public contract before a notary
  • Registro de la Propiedad:
    property registry
  • Reposesion:
    repossessed property
  • Sobre Plano:
    Off Plan Property
  • Subasta:
    auction
  • Subasteros:
    professional auction buyers
  • Topografo:
    surveyor of property
  • Urbanismo:
    town planning department
  • Valor Catastral:
    assessed value of property for tax purposes
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