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A Step-By-Step Guide to Buying a Property in Spain

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A Step-by-Step Guide To Buying A Property In Spain Simple, actionable advice Written By: Christopher Clover July 2014 2 Buyers tend to struggle when looking to find the right property, negotiate a purchase and close a sale when they’re not in their own country. As is the case with many resort areas, everybody seems to be in the business, whether it’s a taxi driver or the hall porter of a hotel. Property is a popular subject of conversation and almost everyone has an o
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   A Step-by-Step Guide To Buying A Property In Spain Simple, actionable advice Written By: Christopher Clover July 2014  2 Buyers tend to struggle when looking to find the right property, negotiate a purchase and close a sale when they’re not in their own country. As is the case with many resort areas, everybody seems to be in the business, whether it’s a  taxi driver or the hall porter of a hotel. Property is a popular subject of conversation and almost everyone has an opinion on it, which could confuse a potential buyer. So where should you start? Finding a Property It can take people years to find a property that meets their preferences. Some are lucky enough to find a property and have the confidence to purchase on their first visit to Marbella. However, others need to take their time and carry out a number of viewings before making an assured decision.  3 What Type of Property Are You Looking For and in Which Area? Many potential buyers are swayed by opinions and discover new preferences along the way, so they end up choosing something totally different. Unless you are certain about what you want and are aware of its existence, you should try and keep an open mind and be prepared to make some compromises. This can also help you build up your knowledge of market values in the area you have designated, which is a major advantage in negotiating and ensuring that you are getting fair market value for your money.  4 Finding a Reliable Estate Agent It’s always important to find a reputable estate agency  and there are many highly qualified agencies on the Costa del Sol, alongside some of the more opportunistic ones as well. In the past, qualified agents have either been APIs (Agentes de la Propiedad Inmobiliaria) or GIPEs (Gestores Inmobiliarios), but now anyone can open a real estate agency! Therefore, it’s really important that you carry out a thorough search for qualified, well -established agencies that are trustworthy and have good recommendations from non-interested parties. A recommendation from your lawyer or a local resident should put you on the right track.

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Jul 28, 2017
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