Real Estate Attorneys: How can they help you?
The Real Estate sector requires some knowledge of the legal fields of Real Estate, urban planning, civil, commercial, and tax law. Precisely for this reason, there are many lawyers, offices, and boutiques that specialize in this economic area.
If you are going to make an investment in Spain, it is recommended that you have the advice of one of these professionals. Not only will you manage to speed up the proceedings but you will probably also save considerably the price of the transaction.
Although finding the right lawyer may not be easy, especially if you are searching from abroad. That's why we have explained some important factors when choosing the best Real Estate specialists.
Characteristics of the Real Estate sector
On a legal level, the Real Estate sector is relatively complex. It includes numerous transactions, each of which is regulated by different legal standards. This is precisely why it is advisable to seek the advice of specialists before making any investment.
Promotion and Construction of real Estate
One of the most technical areas within the real estate sector is that of property development and construction. When a company wants to make an investment in this area, it needs to know about National, Regional and Municipal regulations.
In this sense, it is of interest to have the advice of a firm specializing in urban planning. It will also be important to master the environmental regulations and all those applicable to facilities and buildings.
Investment and management of Real Estate portfolios
Another lucrative area within the Real Estate sector is that of Real Estate investment. When an international company or a large investor wishes to invest in real estate in Spain, it is essential that they know the tax regulations and even part of the commercial sector.
Investing in a property without knowing the tax impact of the operation is reckless, so the best thing to do is to request a feasibility and profitability study from a firm specializing in Real Estate.
The same management of Real Estate portfolios can be more or less profitable depending on the legal form to which it entrusts. For example, property companies are a very interesting figure when it comes to managing and operating a set of properties.
Immigration, residence, work and nationality permits
Real Estate investment can also be a very useful tool for obtaining a residence and work permit or even becoming a national of Spain. This is a very useful way for non-EU citizens, as it allows them to enter the European Union legally and with full rights.
In this sense, the so-called Golden Visa stands out, which is a temporary residence visa that is granted to large investors who are good citizens and who acquire a home for a value of more than 500,000 euros.
Legal advice specialized in Real Estate
In other words, the lawyer that is to take care of and advise foreign investors must have the tools to respond to different sectors of the legal system. It is precisely for this reason that it is common for Real Estate specialists to group together offices or sectorial boutiques.
Nowadays it is easy to locate this type of business thanks to online directories and marketplaces such as LexGo App. This type of service allows foreigners to easily and quickly locate several national professionals with experience in the sector.
The main advantage is that the investor will be able to contrast different budgets as well as the career of the legal professional before hiring him/her. It is therefore a process with full guarantees that can be processed entirely from abroad.
These services represent a high added value since the office will be able to process the entire process without the need to travel, including:
Due Diligence process. During this stage, it is particularly important to know the local real estate sector.
Financial and tax analysis and planning.
Advice, mediation, and negotiation of the purchase, sale, or lease of each of the properties.
Processing of urban planning and building operations, where applicable.
Assistance in the management of property portfolios.
Real Estate lawyers are those specialists who can offer comprehensive advice on real estate investment, including all associated matters such as obtaining visas, processing permits, financial, and tax planning. Finding these professionals is easier than ever thanks to the online lawyer search services.
If you need to contact a law firm that specializes in this area, all you have to do is fill out our form, and we will help you find an experienced Real Estate firm.