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news updates |
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Buying a property in Spain just got safer - and much more affordable! |
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In Madrid yesterday Premier Zapatero called for "tenacity, hard work and calm." to get Spain back... |
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New Approval of 'PGOU' Masterplan for Marbella will place Spain back in the map! |
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The new General Plan for Marbella stands as a benchmark for urban law and places the city at an adva |
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Marks & Spencer Finally Open in Marbella Costa del Sol |
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The awaited Marks and Spencer open in La Cańada Shopping Centre |
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Ryanair to Open Hub at Malaga Airport |
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Ryanair will be based at Malaga Airport offering more choice, competition in the low budget airlines |
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| The buying process |
In general terms, in most countries, the buying process is the same.
It is important that at the earliest stage of purchase you have an
English speaking lawyer appointed who is fully conversant with the
local laws. We can recommend a local lawyer or, of course, you can
make your own appointment.
When you have decided on your property you will be required to make
a deposit of between 3,000€ - 6,000€ on the property to secure
it for you and to take it from the market. (The deposit can vary from
one developer to another.) You should have sufficient funds on your
credit card or cash when you travel for inspection.
After 28 days you will be required to make a further payment which
will be in the region of 30% of the value of the property, (Again
this can vary, depending on the payment terms.) You will only be asked
to pay this when your lawyer has made all the necessary checks on
the property and confirmed that it is clear for you to purchase and
has all the necessary licenses. Depending on the agreed payment terms
you will then either pay percentage payments and a final payment on
completion when you exchange final contracts or one final payment.
Your lawyer will deal with all payments and land registration fees
and local taxes.(Remember to allow for these extra costs over and
above your purchase price. We show an indication of this as a percentage
on our country guides.) |
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Xcape will be glad to help you at all purchasing stages.
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| If you want to know any other personal quote insert your own details on the boxes above. |
| For more information on Mortgages please click here |
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The unique facade of Emirates Gardens catches the eye, miles away! The... |
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Price from 186000 € |
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Villas del Sol II is a gated community located within the Costa Bávar... |
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Price from 130000 € |
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313 apartments, including 7 Duplexes, 1 & 2-bedrooms apartments, Villa... |
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Price from 96000 € |
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