Power of Attorney – to Purchase a Property

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This topic contains 3 replies, has 2 voices, and was last updated by  freddo 8 months, 1 week ago.

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  • #219266

    amandam
    Participant

    We have just had an offer accepted on the purchase of a property in Costa Blanca. We are being given all different pieces of advice. Everyone seems to be saying it’s easier if we assign our lawyer (who we are trying to find independently of the estate agents) a Power of Attorney. I am a little worried about doing this, having heard some nightmare stories. So, what are peoples advice on this and does anyone know if the POA can just be limited to them getting our NIE’s and, say, setting up the bank account? For the actual signing of the Deeds, I am thinking that I would rather be present.

    Any advice greatly appreciated.

  • #219438

    freddo
    Participant

    Do not do it then
    There is no need to give POA if you pm me where you are buying the property I can send you a list of good Abargados

    • This reply was modified 8 months, 1 week ago by  freddo.
  • #219442

    amandam
    Participant

    What is an Abargados?

  • #219443

    freddo
    Participant

    Sorry I spelt it incorrectly should be Abogado (Spanish Lawyer)

    • This reply was modified 8 months, 1 week ago by  freddo.
  • #219696

    viviane
    Participant

    Hello! We bought a property in Marbella while living abroad. We had appointed a lawyer who represented us in every step of the process. He did an excellent job, liaising with the developer, verifying every paper, every license, besides the notary documents and the bank transactions. He kept us posted by email and the whole transaction went very smoothly. His fees ( including stamps, duties, etc..)amounted to about 10% of the purchase price. I think that as long as you appoint a reputable lawyer from a well know firm, who is very reactive on email and who can speak a bit of English, you should feel safe and in good hands. Ask around you, you are bound to hear about a good reliable person.
    Actually, he was so good that we kept him to manage all our taxes ( filing and paying). The fee is worth the peace of mind of knowing that everything is done legally and in your best interest.
    Good luck

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