Thinking of buying a property In Spain?
You need to be well informed about the process to avoid potential pitfalls. Here you will find description of 8 important steps of the legal process which are essentail while buying property in Spain.
1. The Right Choice
There are many thousands of properties for sale in Spain. Be sure you are buying the right one, in the right area. Don’t be tempted by the views if you need to be near a school. Don’t choose a property a bit further inland if you don’t have a car.
You should also consider off-plan or a resale property option. However, buying a resale property can be safer as there are no surprises. The property will have a history and any problems are likely to have been resolved already.
There are many things to consider when selecting a property. Here are just a few of them:
- Proximity to local amenities/schools/hospitals
- Proximity to public transport
- Possible noise pollution – higher in the summer months when close to tourist areas/hotels
- Beach access
- Road access
- New property or resale
- Local taxes
This is by no means a conclusive list but it does give you an idea of things to bear in mind. Don’t forget, what you need now may be different in a few years’ time. You may not have children today, but are you planning to have them soon? This is likely to be one of the biggest investments you ever make. Be sure it’s the right one!
2. Legal Advice
Do not attempt to make a property purchase without legal representation, unless you are a property lawyer! The process is complex and you could miss something important, or worse, make costly mistakes. Our advise for you to go to the legal representative and check all the documents process. Lawyers should provide:
- Check legal status of the property
- Explain the process and any associated costs
- Be available anytime to answer questions and offer advice
- Ensure that the property is free of debts and charges
- Ensure the utilities are paid up to date
- Check the usage status of the property
- Ensure there is sufficient planning permission in place if you intend to extend or modify the property