Buying real estate

In view of the considerable development of the tourist business of the Spanish Kingdom, and active influx of tourists from all over the world, many foreigners are interested in how to buy a property in Spain? The process of buying property in Spain can seem confusing for those who do not know the features of the procedure and do not speak Spanish. I advise you to consult professionals who have practical experience in purchase/sale/lease of real estate in Spain and know the ins-and-outs of Spanish law. Mainly, the purchase and sale of residential or nonresidential real estate properties in Spain engaged in realtor – real estate Agency.

The terms of the acquisition of real estate in Spain

First of all, you need to decide on the property to select the type of property: home, Villa, cottage, apartment or small area Studio. If the plans of delivery of object in rent, you should know about the quality of the infrastructure in the area. Once You have made a choice and stopped on a certain object, you must assess housing. Verification of real estate in Spain according to the cadastre and public register will show that there are no intentions from the state or private firms to pave the developer in Your area the line of the tram or to build in front of the shopping center. At this stage, you should contact a real estate company that provides valuation services of real estate.

The process of buying property in Spain consists of the following steps:

1. Formal proposal. Once You opted on a specific object, you should make a purchase offer. The standard instrument specifies the price at which the customer expects and the validity of the proposal – an average of 7-14 days.
2. Booking. If the seller accepts the purchase offer, the buyer must leave a Deposit in the amount of 2-5% of the total project cost. At this stage is signing of the preliminary contract of purchase/sale.
3. At the designated date at the notary is the official signing of the deal, issued a notarized bill of sale for the property and the keys.
4. Within 2-3 months after the completion of the transaction, the owner of the property receives the original deed and certificate of property registration in the Spanish register of property.

Under the terms of the Spanish law, in order to buy a property in Spain, the purchaser must pay the entire cost of housing, taxes (10-11%) and the cost of registration in the state register of ownership (1%).

Services for buying property in Spain from the company Flatica

How to buy a property in Spain?

The specialists of the Agency Flatica will help to deal with all the problems and issues, provide assistance in the selection of the object, legal support all the way of the transaction of purchase/sale. We provide services of mediation and represent our clients.

Using the services of a real estate company Flatica, You don't have to figure in the process of purchasing property in Spain, we take the whole process for yourself:

• will find interesting and profitable options for investment;
• negotiate with the seller;
• we will process all related documentation;
• provide independent expert for the valuation of real estate.

If necessary, we will provide the services of a mortgage loan, and property management. Please note that for our clients when purchasing property, full transaction support - consultation, selection, screening, legal services, assistance in obtaining a loan, open accounts, and more - for FREE! Our services we are paid by the seller of real estate.