Insurance

Insurance


The insurance of the property becomes your responsibility once completion has taken place at the Notary’s office. Most Spanish insurance companies offer insurance as a two part policy with the building and contents being assessed separately. The process is similar to that in the UK and to obtain a quote, you will need the following information :

  • Your full name and NIE or passport number
  • The full address of the property
  • Estimated cost to re-build the property
  • Value of the contents to be insured
  • Your bank details (payment must be made via direct debit)

If you do not live in Spain permanently, the insurance company will probably also need to know how many doors and windows the property has and whether they have metal security grills (rejas) or security glass Residency The law states that anyone who spends more than 6 months of the year in Spain must obtain a Certificate of Residency and declare their income tax in Spain. Your asesoria/gestor can obtain this certificate for you and help you with your income tax declaration. It is possible to apply for your residence certificate yourself: You will need to complete an application form which is available from the local police station ( Comisaría de Policia) and present the original form plus a copy along with 3 passport type photographs, your passport and a copy of your passport at the police station. Other documents may be required depending on your circumstances. A list of these documents can be obtained from the police station or your asesoria/gestor will be able to advise you what is required. Once you have presented all of the documentation, you will be told how long the process is likely to take.