Purchasing Procedure
Browse All Listings (30) | Search Listings
Our aim is to ensure that the
purchase of your new home in the sun runs as smoothly as possible.
Once
you have chosen your new home, whether it is a new property or a resale,
we will ensure all legalities are covered, and keep you fully informed.
It should be noted that we are able to arrange mortgage quotations up
to 70% of the cost of the property. The mortgage assistance package that
we offer, will be fully explained to you if required.
Once
you have chosen your property, you will be required to place a non refundable
deposit which ensures the property is placed in your name. A contract
will be drawn up showing the payments and frequency that are required
by you. This contract will be signed and is legally binding for all parties
involved.
You will normally be expected to pay the balance of 50% of the purchase
price within the next few months and the final balance on completion,
this is when you take the property over.
Once the contract has been signed and the deposit paid, the purchase
price for the property is fixed.
Additional Costs
As advertised, property prices do not include the following, we suggest
as a guideline you budget for additional costs of approximately 10% of
the purchase price of the property. In the event of a mortgage being obtained
for the remainder of the property cost, these additional costs can be
included in the mortgage amount.
These costs include Spanish tax (IVA) at 7%, stamp duty, solicitors fees,
public notary fee and registering the title deeds and water / electricity
contracts which totals 3%.
Fiscal Representatives
It is advisable for all property owners who are not permanent residents
in Spain to adopt a local Fiscal Representative to look after their fiscal
responsibilities during their absence. Suitable companies will be recommended
on completion. You are strongly recommended to make a will in Spain
Our Fees
Our fees are paid by the builder on a commission basis. That means, whatever
we do for you, it costs you nothing. You will not get a bill from us,
you will not be charged by us, in fact, you don't ever have to worry about
paying us.
If you would like further details regarding the purchase of a home in
the sun, or if you have seen a property that you would like to view, please
email us for details.
For details about any of our properties,
please either email or telephone
us direct on 0034 966 784 349.
Alternatively you can contact one
of our agents based in England on the following numbers;
Sid Drew at Buy A Dream Home Abroad:
Office: 0191 251 5252
Mobile:07957 836006
Grant Phillips at Buy A Dream Home Abroad:
Office: 01670 825452
Mobile:07968 150809
|
