Buying property in another country can also make it more difficult as the process is different to Spain to the country where you live. Complete Spanish Property has spent over 10 years helping foreign citizens of all nationalities to buy their dream home on the Spanish coast.
In this post, here are 4 tips on buying in Spain and allowing you to avoid trouble in the long term.
It is essential to check whether the property is free of any debt orcharges, such as whether whether it is close to being repossessed. You can apply directly to the property registration department to obtain simple information on the property or make it through a Notary. Sometimes you have to ask the council for a certificate of planning law, if there is some kind of involvement that is not on the registration of the property. All of this can be done with the help of your solicitor, during the buying process.
Check that there are no defaults in payments for the electricity, water, telephone, gas etc. Any debt associated with the utilities of the property can affect you, and cause you to worry unnecessarily. Again, with the help of your solicitor, you can check to see if there are any debts linked to the property and these must be cleared before signing at the Notary. Once everything has been completed and there are no debts then the utilities can be changed into your name. Any debt is linked to the property and not the individual so clearing debts before signing / completion is essential.
When you sell a property in Spain, the developer, if direct through them, usually signs the contracts or sometimes can be an administrator or an individual of the company. Conversely, if a sale is between private individuals, all owners of the property must sign the contract. For example, if a husband and wife jointly own it, then the contract has to be signed by both parties. Your solicitor will check this and ensure everything is organised correctly.
If both parties do not compromise anything, or unless specified withn the contract that is "under Spanish law," the law of specific region will be applied. However, in the private document it is usually agreed who bears the costs, including those which have to be paid by the buyer and / or the seller. Another important aspect of the buying process which your solicitor will check and ensure everything is correct.
These are just some tips to help you not have any unwanted problems moving forward. If you are looking to buy a property on the Costa Blanca or Costa Calida then we can help you with everything you need, throughout the buying process including the legal side of things. Our thorough knowledge of the buying process in Spain allows us at Complete Spanish Property to act professionally and guarantee our customers the utmost satisfaction with the service received.
