BUYING YOUR  HOME IN SPAIN

To buy your property in Spain can be summarised  by the following steps:



1/ VIEWING PROPERTY

We are happy to arrange  a viewing for you. The viewing can be combined with an extended stay so you can get a feel for the area.Should you find a property you wish to buy, you will need to reserve it, and also open a Spanish bank account for non residents.We can assist in this matter.



2/ RESERVING A PROPERTY

Having chosen your property you will need to pay a deposit (usually 10% of the value) this will secure the property normally for 30 days. Should you decide to withdraw from the sale the deposit would be forfeited in favour of the vendor.



3/ FINANCE

Once you have decided what type of property to buy , it is wise for you to organise your finances .You might opt to arrange a loan through UK lenders or Spanish Banks.



4/ NOTARIES  (COMPLETION DAY)

The notary is an impartial witness to the signing of all public documents including the deeds ( escritura). he will verify title to the property in the land registry office and will receive the transfer tax on behalf of Hacienda ( Spanish tax authorities). Notaries fees will vary according to the value of the property.



5/ COMPLETION OF ESCRITURA

Upon final payments the vendor together with the purchaser will sign the Escritura of the property before the notary. He will then issue a first legalised copy which he signs and stamps. This is sent to the land registry where it is registered in the purchasers name. Approximately 4 to 6 months later the deeds are ready for collection fully legalised depending on the work load of the Notario .



We are keen to assist you to buy your property in Spain just for a small fee to be paid on completion day.   This includes :

- Opening Spanish bank account ( cheque book , cash card, etc).

- Negotiating with farmers.

-  Arranging Notario.

- Translation  of deeds with the Notario.

- Spanish will.

- Water project ( when applicable).


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