INFORMATION

Stage 1:
Property owner will draw up a contract with the buyer detailing the agreed terms and conditions of the purchase.Any independent solicitor can check all stages.

Stage 2:
The solicitor then takes the buyer's passport(s) to the Notary for translation. This is necessary for the security and property location checks mentioned above. The translation takes a maximum of half an hour, after which the passport(s) will be returned to the buyer.

Stage 3:
Once the application has been approved by the Land Registry Office (it takes 2-3 months for the security and property location checks to be made and approved), property owner will sign over the deed of the property to the buyer (assuming all outstanding payments have been received). It is at the point of deed transfer that the purchase tax will be paid.