Is property exchange legal in Spain?

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03 Nov 2008 00:00 by Ant347 Star rating. 3 posts Send private message

Scenario
 
I have a 2 bed house I am trying to sell but can’t. I still like the idea of having a property in Spain but can’t afford the 2 bed. 
I’m sure there are people out there who have an apartment or studio I could have and would love to trade up but they can’t sell either.

Is this a mad idea?




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03 Nov 2008 21:16 by mariadecastro Star rating in Algeciras (Cadiz). 8082 posts Send private message

mariadecastro´s avatar
Yes, property exchange is legal in Spain.

http://www.eyeonspain.com/blogs/costaluz/461/your-rights-when-swapping-properties.aspx

Your rights when swapping properties
Thursday, August 21, 2008 @ 12:30 PM

For those of you who are using the swapping scheme... lots of luck and wisdom and my offer on legal advise:

Here you have got:

A good SWAPPING contract revised by your lawyer is needed ( each party a different one lawyer. Important)

What are the obligations of the contract parties in a property swapping?

1. To transfer ownership rights  of  the swapped property or  goods. 
2. To deliver the property or the good. ( possession)  
3. To vouch for hidden deffects. 
4. To guarantee a peaceable possession
5. To vouch for someone else´s senior rights. 
6. To pay correspondent expenses of Notary and  Registry accoring to Law.(unless the contrary is agreed).
7. To pay those taxes required by Law.
 

Please let me know  if that scheme works for any of you.





This message was last edited by mariadecastro on 11/4/2008.

_______________________

Maria L. de Castro, JD, MA

Lawyer

Director www.costaluzlawyers.es

El blog de Maria



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04 Nov 2008 20:24 by Ant347 Star rating. 3 posts Send private message

Thanks Maria for taking the time to provide your advice.

I will build a swap website



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04 Nov 2008 21:39 by mariadecastro Star rating in Algeciras (Cadiz). 8082 posts Send private message

mariadecastro´s avatar
A swap website is a great idea

_______________________

Maria L. de Castro, JD, MA

Lawyer

Director www.costaluzlawyers.es

El blog de Maria



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21 Mar 2013 13:08 by johnzx Star rating in Spain. 3374 posts Send private message

Just bringing this forward for Competa



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21 Mar 2013 13:11 by competa Star rating in Scotland. 94 posts Send private message

Thank you Johnzx.  Very useful.Lovely people on EOS!





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