Question 6 : When do I get my keys once I’ve bought a property in Tenerife?

One of the most exciting moments when buying a property in Tenerife is receiving the keys to your new home. But when exactly does this happen? You get the keys to your property once the purchase is completed at the notary.

The notary appointment is the final step in the buying process, where both the buyer and seller sign the deed, officially transferring ownership of the property. Once all legal documents are reviewed, signed, and the agreed funds are exchanged, the notary will confirm the sale is complete. This is when you, as the new property owner, will receive the keys.

30 questions in 30 days – 6 – When do I get my keys once I’ve bought a property in Tenerife?

Why the Notary Is Important

In Spain, and specifically in Tenerife, all property sales must be completed at a notary’s office to ensure the transaction is legally binding. The notary’s role is to verify that all conditions of the sale have been met and that both parties understand the terms of the contract. Once everything is in order, they will certify the sale, and only then will the buyer receive the keys.

Final Thoughts

The handover of keys at the notary is a crucial milestone, as it signifies the successful completion of your property purchase. Remember to have a trusted lawyer or real estate agent with you during this process to ensure everything runs smoothly and to help clarify any questions you might have. Being well-prepared for your notary appointment will make the moment of getting your keys even more special.

Compare listings

Compare
error: Content is protected !!