to know before Buying Property in Spain
When it comes
to buying a property in one of the best places in Europe, then you cannot
afford to ignore Spain.
style and the climate are the best in the world for the people living
in there, but when it comes to investment you need to know more things
to avoid any later date complications.
plays a vital role in buying a property and you cannot ignore this basic
and important point when you decide to buy property, especially in Spain.
not fall a prey to the pushy local property seller before actually seeing
or visiting the proposed property site or location.
unwritten laws in any property investments are:
close a deal with just one visit to the property site
Take photographs and jot down notes about the property
Sit quietly and analyse the details with a free mind
Visit the property alone once and with your friends or relative
in real estate is long-term investment and you need to think for quite
a long time before actually closing the deal. Ascertain and know the drawbacks
if any, and ascertain about essential facilities such as phone lines,
restaurants, shops, etc.
jot down all the questions that may arise in your mind and in others mind.
Seek and get the answers for all these doubts once you visit the place
such as seasons, how harsh will it be in summer or winter, proximity of
schools or medical facilities, availability of water and electricity,
etc., can play an important role once you settle in the new location.
It will be
ideal to make two or three visits at various times of the year to study
and feel the climate of the place.
In many resorts
or places where people throng will be deserted during few months in a
year and once you settle in there you may get bored during these lean
If your idea
of having home in Spain for the purpose of investment, then it is better
to look for any villa or apartment, as you can have a earning potential
by letting it out to holidayers.
using them during your holidays, you can also earn money and see good
appreciation of the value of the property.
not a small place. Location plays a vital role while buying a place in
Spain. Try to know details about towns and villages, hillside features,
ascertain your interests and then decide your location.
want to spend most of your spare time peacefully, then choose a hillside
place where you can have tranquility and a serene atmosphere.
differ from person to person. The promise here is that every one will
be able get a place to their hearts content in Spain.
your budget and seek guidance from the real estate agents in the region
and find out the prices that you would expect to pay.
decide about the kind of property you are looking for say area,
size, and number of rooms.
rigid to look for property to match to your expectations. Be flexible
and with an open mind. It is better to look at various and different residential
areas and decide your pick.
obtain professional advice. Learn and understand the legal formalities
involved in buying a property in Spain.
Solicitor well before the purchase of the property to know the legal process
and the cost involved.
will take care and assist you in all the different steps involved in the
solicitor can assist you in getting the property that is free of any mortgages,
charges, encumbrances, debts or other liabilities and also assist you
in getting it registered.
any agreement get them evaluated by your solicitor. You can also get the
assistance from your solicitor for negotiating the deal.
will be able to negotiate with sellers solicitor and get you a fairly