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To begin the purchase of your property you will need to open a bank account in Spain. This will be used for the transfer of all moneys and for future direct debits. You will also need an NIE number for Spanish tax identification, and you may wish to speak to a mortgage advisor either in the UK or in Spain. Charlesworth Property Services will help you with all these aspects. Once you have found a property it is usual (but not always required within the Spanish property market) to place a holding deposit of about €1,500. This will secure the property for you so that the process can begin. The deposit indicates that you are serious and informs the vendor that you want to buy the property. It will prevent the vendor from showing the property to other interested parties and gives you time (about two weeks) to have the property valued if you are arranging a mortgage in Spain. This deposit is non-refundable if you change your mind.
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Charlesworth Property Services makes no charge to our clients in relation to the search for and purchase of a property. This is because we are paid by the agent or developer. We do, however, ask for a deposit of €700 to be paid at the start of any search that we may do for you. We hope you understand that this is to protect us from time-wasters. The deposit will be refunded to you once you have purchased your property or if we are unable to find you what you want. Read more... |
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Additional Purchase Costs |
When purchasing your property it is very important to consider that there will be further costs, usually 10% - 15%, on top of the purchase price. The following costs were applicable at the time the web site was  built, but Charlesworth Property Services cannot be held responsible for any changes in law, omissions or inaccuracies that may have occurred subsequently. Read more... |
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