Frequently asked questions when buying in Spain

What are ALL the costs? The most important thing to know is that in Alicante province buying tax is 10% and in Murcia province it is 8% of the purchase price. (2020) There is also Notary fees of between 850 - 1,000, this figure depends on which Notary office you choose, it is the buyers choice because the buyer pays. Also, there are Land Registry fees which can be 650 - 1000, again depending on which...

Documentation needed when selling your property.

You will need photocopies of the following documents when selling your home in Spain:   deed of sale, the Escritura Pública. Passport. NIE / TIE certifícate. IBI (Impuesto sobre Bienes Inmuebles). cadastral certificate, the Certificado Catastral. current electricity bill. latest water bill. the most recent telephone bill (if applicable) the latest payment receipt from the...

Corona Virus Effects on the Spanish Property Market

According to the latest report from the Spanish Notarial Association, sales in January 2020 fell by 5.9% compared to last year. Experts expect sales to drop by 60% or more from March and over the coming months. Due to the coronavirus outbreak, Spain has declared a state of emergency, meaning that all citizens are to remain at home and have only limited movement to for example go to the...

Useful Information on Buying Property

  Before you view any properties, ask yourself these questions: Are you in a position to purchase? In order to save you and us time make sure you are fully up to speed with the process and costs involved when buying. What is your budget? One of the key factors when purchasing a property is your budget! However, you need to take into account a number of...

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