Before buying or selling property in Spain there are important considerations to be made.
- You are entering a buyer’s market. Supply exceeds demand, giving purchasers an advantage over sellers.
- Knowing the mechanics and legal requirements involved in the process will allow you to make a better deal.
- Preliminary contract stipulations, taxes, notary costs, registration fees, etc. will have to be taken into account.
- Paying the fees and taxes associated with the purchase of the property, as well as registration, will be completed by the buyers. As a rule of thumb we advise buyers to add 10% to the purchasing price to account for the total cost of acquiring the property.
- In Spain, property tax is tied to the property itself and not to its owner, so you want to make sure the seller is up to date with all payments before signing the deed.
We do not offer a catalogue of properties ourselves, but assist our customers with all legal and financial issues of real estate operations and will provide you with a checklist of the necessary information you need to know before negotiating and signing a contract.
Although based in Granada, we are equally licensed to act on your behalf in the rest of Spain.
We speak English, Spanish, French, German and Dutch.