The process of buying a house in spain !
As is the case in all countries, Spain has a unique procedure for buying property. The process will probably be unfamiliar to you and involve professionals who perhaps don’t play a part in property transactions in your home country. It’s therefore important to take advice from us your Red Rose Property Spain real estate agent. Together with our law firm we are able to provide you the right way to buy a house in Spain.
But to give you an idea of what to expect when you’re buying a property in Spain, this article provides an overview of the main steps involved in the process. From the initial property searches to key handover when you become owner of your new home in Spain.
Pick your perfect house in Spain
Set your budget – Do some careful maths and work out your budget. Don’t forget to add between 10 and 12% for taxes and fees.
Pinpoint your chosoen area – Decide where you’d like to live in Spain. You may have a good idea already from previous research or visits or maybe need some pointers. Ask your real estate agent for advice on which places offer what you’re looking for.
Prepare a must-have list – Once you have your location and price target, make a list of what you want in the property. Bear in mind that you may not find a home that ticks all your boxes but with the help of our property finder wish list you should be able to source one that gives you almost everything.
Use a property finder – Make life easier for yourself and save time and stress by contracting the services of Red Rose Property Spain as your property finder. Let us source homes that fit into your requirements and budget as well as having the right location.
Survey – Depending on the state and/or age of the property you’re buying you might want to get a survey. The survey findings may affect how much you want to pay – for example, to compensate if the property requires extensive refurbishment.
Make an offer – When you find your ideal home, you might want to make an offer on the price. Most property owners are open to offers, although they’ll expect it to be a serious one reflecting several factors including the current market, state of the property, whether you’re a cash buyer etc. Ask us as Real Estate Agent what can be a sensible or reasonable offer.
Buying your house in spain
Once your offer has been accepted, the purchase process starts. At this stage of the procedure, you should do the following:
Contact a lawyer – Do this before you pay a deposit or sign any legally binding paperwork on the property. Instruct your lawyer to carry out basic legal checks on the property.
Sign the reservation contract – In order to make sure you’re the one and only being able to buy the house. This reservation contract is normally between €3.000 and €5.000 and will be refundable when there are legal issues with the property or any other legal problem. This contract needs to be sirned by buyer and seller.
Sign the Contracto de Arras / purchase contract – This document secures the property for you and outlines the terms and conditions the transaction including the deadline for purchase. The contract is signed by the buyer and the seller (or their representatives) and the buyer usually pays in total 10% of the purchase price ( minus the reservation amount in the contract ) on signing. If the house is being sold with fixtures and fittings and/or furniture, the contract should have an inventory attached, which is signed by both parties.
Mortgage application – if you need a mortgage to buy the property, now is the time to start the application process. Ask your bank how long the application will take to approve and make sure the pre-purchase contract factors this timeline into the purchase.
Legalities on the house – meanwhile, your lawyer will carry out a comprehensive checklist on the property to make sure it’s 100% legal. These checks include:
- Property register checks – to ensure the property description and legal owner match and to find out if there are any charges or encumbrances.
- Planning checks – to ensure the property was built with the appropriate building licence and planning permissions. Or in the case of an off-plan property, to make sure the developer has all paperwork in order.
- Tax checks – to ensure the current owners are up-to-date on payment of all taxes related to the property.
- Community checks – to ensure the property is up-to-date with payments to the community of owners.
The final steps of the buying process
Sometime after you sign the pre-purchase contract – usually between two to eight weeks – it’s time to complete.
Sign the deeds – Both parties sign the title deeds in the presence of a Notary Public. Your lawyer should check the deeds and make sure everything is in order as well as provide you with a verbal translation of their contents.
Payment – Together with signing the deeds, you make the final payment for the property. The usual method of payment is through a banker’s draft.
Key handover – Once the title deeds have been signed and final payment made you receive the keys to your new home.
Registration – Your lawyer will take care of registering the property in your name at the nearest Property Registry (Registro de la Propiedad).
Payment of taxes – Your lawyer will also pay the appropriate taxes and fees on your behalf.
Utility supplies – Your lawyer will arrange for the connection of utility supplies or the transfer of utility contracts to your name. They will also set up direct debit with your bank so that bills are paid automatically.
Buy your house in Spain with the assistence of R.Z. Real Estate Spain
Buy your house in Spain with R.Z. Real Estate Spain
Red Rose Property Spain, your real estate agent on the Costa del Sol, Malaga, contact us now !
- For Dutch, English, Spanish and German, +31-625154989 ( use telephone or whatsapp )
- By E-mail at sales@spanish-realestate.com
- By using our contactform.
R.Z. Real Estate Spain
R.Z. Real Estate Spain is a family business based in Caleta de Velez, Malaga and has more websites and we work with the biggest international Real Estate Platforms in the world. Next to that are our social media pages our strongest point.
- For our Dutch clients we work with Real Estate Spanje and Spain4You.
- For our world wide clients Red Rose Property Spain and Red Rose Property Marbella.
- For our special and luxury properties we have Dreamhouses in Spain.
- Our properties are listed on ThinkSpain, A place in the Sun and Kyero.
- Our Facebook Pages, Red Rose Property Spain, Buying a house in Spain, Your Spanish Real Estate Agent.
... See MoreSee Less
www.facebook.com
Real Estate Spain.
0 CommentsComment on Facebook
RZ 540
Beautiful 3 bedroom townhouse in Alcaucìn de AxarquÃa region Malaga Province. € 140.000
110 m² Townhouse in AlcaucÃn. Spread over two floors.
Our services are paid for by the lawyer of the selling party of the property.
On the entrance floor we have a spacious living room with a fireplace and from there we access an additional living room that leads directly to the kitchen and terrace, which offers unobstructed views of the Sierras de Alhama, Tejeda and Almijara Natural Park.
The terrace is a perfect space for outdoor dining, relaxing in the sun or simply admiring the natural surroundings.
The top floor consists of three bright bedrooms and a full bathroom.
Parking in garage is included.
About 20 minutes (21 km) from the motorway and about 25 minutes (24 km) from Torre del Mar.
• Village, close to shops
• Sun orientation : East
• Condition : Good
• Air conditioning : Fireplace
• Views : Mountain,
• Rural, Urban, Street
• Features : Private terrace
• Parking : Garage, Communal
• Utilities : Electricity,
• Potable water
Alcaucin is a charming whitewashed village, away from the hustle and bustle of package holiday Spain in the beautiful natural setting of the Axarquia in the Sierra Tejeda Mountains, along the Route of Olive Oil and Mountains, province of Malaga.
The town is located about 54 kilometers from the center of Málaga and 25 kilometers from Torre del Mar. Municipality has a population of just under 2,500 inhabitants.
Natural environment:
This is a perfect sport for walkers and walkers, with the Alcázar Nature Reserve, the Olive Oil and Mountain Route and the sulphureous springs of Las Majadas, all found in the local region.
Cuisine: The cuisine of Alcaucin is typical of the region with rice, meat and fish dishes at the top of the menu. Also try a delicious tapas of Jamon (on the bone) or Chorizo sausage, both traditional from the area.
Festivals:
On October 31st, what we know as Halloween, Alcaucin celebrates a chestnut festival, where literally thousands of kilos of chestnuts are consumed, along with delicious local sweet potato.
Climate:
Alcaucin has a typical inland Andalusian climate, extremely hot in the summer and temperate in the winter, although when it rains the streets get flooded. The residents enjoy about 2,800 hours of sunshine per year.
This property is priced to sell. Make an appointment today to view.
Mortgages are available to residents and non-Spanish residents under conditions.
We can also help you with:
• When obtaining an N.I.E. number (Número de Identidad de Extranjero)
• You need this N.I.E. number for all your banking needs.
• Notary and lawyer for legalization of purchase contract.
• Municipality for your registration.
• To receive postal packages.
• Help with mortgage application
Do not hesitate to contact us if you are interested.
Mortgages are available. Also for non-residents of Spain under certain conditions.
Rob for Dutch, English and German +31625154989 or WhatsApp
Email: r.zegveld@jouwdroomhuisinspanje.nl ... See MoreSee Less
0 CommentsComment on Facebook
Photos from R.Z. Real Estate Spanje's post ... See MoreSee Less
1 CommentComment on Facebook
Is this furnished
RZ 573
Beautiful townhouse with 3 bedrooms and 3 bathrooms. Sierra Golf Murcia €94,995
The tiled outdoor area to the front of the property has been done for alfresco dining and entertaining and beautifully finished.
Our services are paid for by the lawyer of the selling party of the property.
As you walk through the front door you will find a great dining space, light and airy and walk through to the large first lounge.
The kitchen is a wow factor, extensive and legal with white goods included, 50/50 interpreted fridge freezer, dishwasher, microwave, oven, hob and extractor. It has a water filter for potable tap water.
There is a shower and toilet on the same floor.
We walk down the stairs to the basement where you will find storage. Storage in Spain can be like finding chicken teeth. There is also another bathroom, 2nd living room and a super large bedroom with fitted wardrobes.
Back up the stairs to the first floor where we find 2 more bedrooms with fitted wardrobes and the front bedroom has a great terrace for morning coffee.
The second bedroom is of great size for children or guests.
Up the stairs again and you'll find a lovely rooftop terrace, all set to relax and entertain and watch the sun go down.
There is solar power a water heater which saves on bills, all pipes are insulated and enclosed.
This is a fantastic holiday or permanent home, it is also a great investment as it is next to an 18 hole golf course with clubhouse. 2 Bars on site with communal pool.
There are no community fees.
10 minutes drive to the airport and 15/20 minutes to the beaches of Los Alcázares .
There are also several other golf courses in the area, so great for the ultimate golf enthusiasts.
This property is priced to sell. Make an appointment today to view.
Mortgages are available to residents and non-Spanish residents under certain conditions.
For a viewing or more information, please contact us.
Do you have a property for sale in Spain?
R.Z. Real Estate Spain has properties in the provinces of Alicante, Almeria, Granada, Malaga and Murcia.
Contact us today and let us see if we can help you.
Find your dream home in Spain here: jouwdroomhuisinspanje.nl/
We can also help you with:
• When obtaining an N.I.E. number (Número de Identidad de Extranjero)
• You need this N.I.E. number for all your banking needs.
• Notary and lawyer for legalization of purchase contract.
• Municipality for your registration.
• To receive postal packages.
• Getting Help with Mortgage
Do not hesitate to contact us if you are interested.
Mortgages are available. Also for non-residents of Spain under certain conditions.
Rob for Dutch, English and German +31625154989 or WhatsApp
Email: r.zegveld@jouwdroomhuisinspanje.nl ... See MoreSee Less
0 CommentsComment on Facebook
RZ 572
Apartment with 2 bedrooms, facing south. The top floor, private solarium and communal pool in Algorfa. Province of Alicante.
• 2 Bedrooms
• 1 Bathroom
• Living room
• Kitchen
• Communal swimming pool
• Top floor
• 1 Floor
• Orientation: South
• Fully furnished
• 1 Parking space
• Energy Efficiency Rating: Pending
• Community Fees: €224
• Covered: 50 m²
Montemar is located on the outskirts of the village of Algorfa and there are plenty of amenities within walking distance of the property.
You enter the property into a small vestibule that leads to the living-dining room. The living room has patio doors leading out to a sunny balcony, perfect for relaxing in the afternoon sun. There is a small but perfectly formed kitchen with all appliances included.
There are 2 bedrooms and 1 bathroom. One thing that stands out, how flooded with light the property is. The sunny orientation is a real advantage.
Outside the front door is a staircase leading up to a large private solarium. This space has mountain views and sun all day. The solarium is a perfect space for creating a chillout lounge and outdoor kitchen. The possibilities are endless.
If you are looking for a holiday home in a sought-after location then this might be something for you!
Please do not hesitate to contact us to arrange your viewing as this will sell quickly.
Facilities:
• Split System Air Conditioning
• Gated complex
• Uncovered parking space
• Communal swimming pool
Functions:
• Balcony
• Ceiling fans
• Built-in wardrobes
• Kitchen Appliances
• Mountain views
• Close to Amenities
• Quiet area
• Roof garden
Distances:
• Amenities: 1 km
• Airport: 45 km
• Sea: 19 km
• Public Transport: 3 km
• Schools: 3 km
For a viewing or more information, please contact us.
Do you have a property for sale in Spain?
Red Rose Estates Spain has properties in the provinces of Malaga, Granada, Almeria, Murcia and Alicante.
Contact us today and let us see if we can help you.
We do not charge you for our services. Our services are paid for by the selling party of the property. So you don't pay us anything.
Find your dream home in Spain here.
We can also help you with:
• When obtaining an N.I.E. number (Número de Identidad de Extranjero)
• You need this N.I.E. number for all your banking needs.
• Notary and lawyer for legalization of purchase contract.
• Municipality for your registration.
• To receive postal packages.
• Getting Help with Mortgage
Do not hesitate to contact us if you are interested.
Mortgages are available. Also for non-residents of Spain under certain conditions.
Rob for Dutch, English and German +31625154989 or WhatsApp
Email: r.zegveld@jouwdroomhuisinspanje.nl ... See MoreSee Less
0 CommentsComment on Facebook
Photos from R.Z. Real Estate Spanje's post ... See MoreSee Less
0 CommentsComment on Facebook