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Important
Information
*Firstly:
We advise you to use an Agent who has a permanent Office in the
area. They will be there to help you with any queries when you
are in Spain, now and in the future.
There
are many Agents who would like to sell you a property, just make
sure that you get a receipt for any monies handed over to a sale
person.
*Secondly:
We do not handle contracts or funds as a general rule, we pass
all copy deeds to our Lawyer as soon as a reservation fee is
paid. In the case of a new home, the contract is checked by the
Lawyer to see if all is correct.
The
Law also requires, that three days before the new deeds are
signed a 'Nota Simple' must be requested by the Notary, who
checks that there are no debts and witnesses the signing of the
new deeds by both the Vendor and Buyer.
*Thirdly:
Many people find that it is inconvenient to come back to Spain
to sign the deeds. Perhaps they are working or they simply don't
want to pay the expenses to be present at the Notary's Office
for one morning. The solution is a 'Poder' or Power of Attorney
to the Lawyer.
A
Poder can be arranged while you are here in Spain or via a
Lawyer in the U.K.
*Lastly:
If all the paperwork is correctly prepared, buying a house in
Spain is normally trouble free. It pays to pay professionals
to assist you with your property purchase.
Expenses
On
both a new and resale home approx. 10% of the Sale Price is
needed to pay for the following: Search fees at the Registry (to
check legality and for debts.) 7% Tax on the value of the deeds
(7% I.V.A. on a new home)
Lawyers
fees - we always advise the use a Lawyer to handle the paperwork
and to ensure interests are protected. The fee also covers the
remainder of the year's fiscal advisory fee to help connect up
to the services in your name, i.e. water, rates, etc. plus any
help you need - buying a car, residencia, etc.
Notary
fee - The Notary is an independent professional whose job is to
see that all contracts and deeds are correctly raised and also
instigates a search before the deeds are signed. Local Taxes,
Electricity and Water meters on new property.
Use
our Property Selector for Property
sales of Villas , Apartments, Fincas, Plots of Land, Resales,
New Homes available throughout the Costa Blanca, Costa Calida
& Costa Azahar in Valencia, Cullera, Barx, Xativa,
Onteniente, Villalonga, Ador, Gandia, Oliva, Pego, Orba,
Montepego, Els Poblets, Denia, La Xara, Pedreguer, Jesus Pobre,
Javea, Lliber, Jalon, Jalon Valley, Benissa, Alcalali, Calpe,
Altea, Altea Hills, Benidorm, Villajoysa, Campello, San
Juan, Alicante, Elche, Sax, Elda, Aspe, Hondon, Santa Pola, La
Marina, Orihuela, Guardamar, Villa Martin, Torrevieja, San Pedro
del Pinatar, Javier, Murcia, Mar Menor, La Manga, Cartagena,
Mazarron, Vera, Mojacar, Almeria and many inland towns in the
Costa Blanca, Costa Calida & Costa Azahar countryside
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