Buying Property
Purchasing a property in Costa del Sol, Spain is probably one of the biggest decisions that you will make. Here at Casero Furnishings UK we can provide you with all the assistance that you will need. We can set up a meeting on your behalf with a number of recommended real-estate agents. They all have a great number of new and also established properties for you to view ranging from studios, 1, 2 and 3 bedroom apartments to town houses and villas. All you have to do is contact us.
To guide you through your new purchase here are few simple steps we hope you will find useful.
1. What are your reasons for buying property in Spain?
If you are looking to relocate you may find that properties in the more populated areas, where there are more opportunities for employment, will suit you best. For investment purposes high rental incomes are generated from coastal resorts. As a rule if the property is for you to enjoy your retirement then perhaps a little further inland would be more suitable where it is more peaceful. Think your reasons through carefully it will help speed up areas to view
2. Determine your budget
Where ever you buy property there are additional fees. Spain is no different. It is advisable to allow an extra 10 percent of the purchase price for taxes and fees.
3. You’ve found your property.
Once you’ve found the property you want to buy visit the area, find out about local amenities. If you have children, where’s the nearest school? Get to know people. Talk to them about the area. Is there a noisy bar or club near by? Answers to your questions will confirm this is the right area for you.
4. Find a lawyer.
Property law on the Costa del Sol is very complex. It is essential you get a good lawyer. They usually charge 1 percent of the purchase price of the property. You can now negotiate the price of your new property. It is acceptable for offers to be made subject to mortgage approval.
5. Exchange contracts
Once the offer is accepted and the deposit has been paid contracts are exchanged. The contract will show what is included in the sale along with the price. This is the period when your lawyer will be searching and checking for any outstanding debts on the property for which you my be liable
6. Completion
This is the time when you will sign for completion in the prescence of a notary and your balance of the purchase price must be paid. Your lawyer will take care of any remaining formalities.
Check out or Complete Furniture Packages and our Furniture Only Packages or Contact us here at Casero Furnishings UK now.
