ou are looking at the want the Country (Campo) you may
possibility of buying a even decide you want to be near
property in Spain, whether the mountains, lakes or coast.
to actually become your permanent However, one thing you must
base or as a holiday location? consider is that you want things
Where do you start? Below I to be close at hand, such as
provide you with points that you shops and medical facilities,
may consider when looking for then you may be better off
your ideal property. looking at buying a property in
Town or on the Coast. It may be
1. My first suggestion would be an idea to visit the area you are
to go on to the internet and look looking at to decide if this will
at and even contact some of the be the right location for you.
various agents that are now
offering properties for sale in 3. Next you will need to decide
Spain. You will find that many of what sort of property it is you
these companies are owned and run want to purchase, is it an
by people who are now residents apartment, townhouse of a finca
in Spain and will be able to (country house with land). You
provide you with information on may even want to take on the
the many problems and pitfalls challenge of buying a property
that may arise when buying a that needs renovation.
property in Spain, and will also
know the area that you may be 4. You have now decided on the
looking to buy the property in. location and sort of property you
want to buy. Now is the time to
2. Your next decision is where to start contacting the various
you want the property to be agents (both on the internet and
located, do you want to live in a in the location directly where
Town (urbanization) or do you you are looking to purchase).
These companies will not only be rights to sell it. If they do,
able to provide you with details then they should be able to
on properties that they feel provide you with the papers
would be of interest to you , but confirming this (an escretera).
they should also be able to However, if these can not be
provide you with details of provided then do not proceed with
solicitors and banks (should you the purchase, but any respectable
need to raise a mortgage to real estate agent would already
purchase the property). They will have been provided with sight of
also provide you with information these documents.
on the schools, medical
facilities, and other amenities 7. Next confirm with the agent
within the area of your choice. selling the property that all the
correct permissions for the
5. If you are looking to obtain a property to be built have been
mortgage from a bank (either in provided by the Local Town Hall.
the UK or Spain) then find out Because of the rise in the number
what sort of percentage of monies of properties that have been
they will lend to you for the built in Spain over the recent
purchase of such a property. You years with out obtaining the
will find that most of the banks correct permissions the
in Spain will only provide you Government has been forced to
with a 75% mortgage against the take measures to prevent this
purchase of the property. occurring in the future. However,
it also means that those
6. You have now decided on the people/developers who have built
property that you want to buy, such properties can find
and you should now ask the agent themselves not only incurring
is the owner of the property that fines by the Government, but may
you want to buy have the legal also find there properties being
demolished.
Well I hope that the information
However, it should be pointed out that I have provided for you
that as long as you associate above will help you in making the
yourself with a reputable agent decision to purchase a property
then you should have no problems in Spain a pleasant one.
in finding the property of your
dreams.
About the Author:
Allison Thompson, living in Spain with 15 years experience in Property. Should you require further information contact http://www.coinproperties.com
Source: www.isnare.com
