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Spanish property glossary

The Spanish words that come up most often in a Tenerife property purchase, with their English meaning.

SpanishEnglish
AbogadoLawyer
AdosadoSemi-detached or terraced house
AmortizaciónRepayment
ArquitectoArchitect
ArrasDeposit contract
Aval bancarioBank guarantee
AyuntamientoTown hall
BasuraRubbish collection
Boletín eléctricoElectrical certificate
Cancelación registralRegistry discharge
CargaRegistered charge
CatastroCadastre
Cédula de habitabilidadHabitation certificate
Certificado de eficiencia energética (CEE)Energy performance certificate
Certificado de final de obraCompletion certificate
Comunidad de propietariosCommunity of owners
Contrato de compraventaPurchase contract
Cuota de comunidadCommunity fee
DiferencialMargin
EmbargoSeizure order
EscrituraTitle deed
EuríborEuribor
FincaRural property
Gestor / gestoríaAdministrative agent
Hacienda / Agencia TributariaTax office
HipotecaMortgage
IBI (Impuesto sobre Bienes Inmuebles)Council tax
IGICCanary Islands sales tax
ITP (Impuesto sobre Transmisiones Patrimoniales)Transfer tax
AJD (Actos Jurídicos Documentados)Stamp duty
Licencia de obraBuilding licence
Modelo 210Non-residents tax return
NIE (Número de Identidad de Extranjero)Foreigner's tax number
NotarioNotary
Nota simpleLand Registry extract
Obra nuevaNew build
Plusvalía municipalLocal land-value tax
Poder notarialPower of attorney
Referencia catastralCadastral reference
Registro de la PropiedadLand Registry
Retención del 3%3% withholding
TasaciónValuation
Valor catastralCadastral value
Valor de referenciaReference value
Vivienda vacacionalHoliday let

How these fit together is explained in the buyers guide.

General information. It is not legal advice.

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