The most common risks are: unregistered construction works, missing occupancy licence, hidden debts attached to the property, incorrect pricing, and purchasing for investment without a rental licence. Most of these can be avoided with proper legal due diligence before the transaction.
Older properties often lack a first occupancy licence (licencia de primera ocupación), and extensions may not be registered in the building records — this can make the transaction impossible or create issues later. The data in the land registry, cadastral records, and escritura must match — discrepancies cause delays, especially if financing is involved. Overpaying is a common mistake when the buyer does not understand true market values in the area. When buying for rental purposes, it is essential to verify in advance whether a tourist licence exists or can be obtained — after the purchase, it may already be too late.
Book a free consultation — we help identify risks before you make a purchase decision, not after.