Lexicon

Key Spanish property terms.

Full German commentary lives in the Rechtslexikon. English overview:

Escritura pública

Notarial deed. On a purchase this is the escritura de compraventa. You become owner on signing and delivery; registration protects you against third parties.

NIE

Foreigner identification number. Required for notary, land registry, tax office and usually a bank account.

Nota simple

Land-registry extract: owner, description, mortgages and other charges. Check a current one before any deposit.

ITP / IVA

Transfer tax on second-hand homes versus VAT on many new builds and plots. Rates depend on the Autonomous Community.

Plusvalía

Municipal tax on the increase in land value on sale, gift or inheritance.

IRNR / Modelo 210

Non-resident income tax, including deemed use of a holiday home and, later, capital gains.