buyers guide by TARGET PROPERTY SPAIN
Thinking about making Spain your home or snagging that dream holiday spot? Exciting times! Buying a property here can feel a bit daunting, especially with all the legalities and local quirks, but don’t worry—we’ve got you covered.
Our Buyers Guide is packed with tips, advice, and all the must-know info to help expats like you breeze through the process. Ready to dive in? Let’s make your Spanish property dream a reality!
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BUYING STEPS
Buying property in Spain is an exciting journey, and understanding the steps can make it stress-free. Here’s how it works:
1. Find Your Dream Property:
Once you’ve found the perfect home, you’ll submit an offer. Negotiations can happen quickly, so being prepared is key.
2. SEcure the Property:
When your offer is accepted, a reservation agreement is signed, and a small deposit (usually €3,000–€6,000) is paid to take the property off the market. Your lawyer will then begin legal checks.
3. Legal Due Diligence
Your lawyer ensures the property has clear legal status, no debts, and all necessary permits. This step is crucial to avoid any surprises.
4. PRIVATE PURCHASE CONTRACT
Once everything checks out, a private contract is signed between you and the seller. A 10% deposit is typically paid at this stage.
5. FINAL PAYMENT & COMPLETION
The final step is completion at the notary. You’ll sign the deeds (escritura), make the final payment, and officially become the new owner. The notary ensures everything is legally binding, and the property is registered in your name.
With the right guidance, buying in Spain can be smooth and enjoyable. We’re here to make sure your journey is seamless from start to finish!
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TARGET PROPERTY SPAIN