FAQ

Frequently Asked Questions

Everything you need to know.

No. We are working with re-sale properties too. We have our own listings plus we have access over 6000 re-sale properties on the coast of Malaga - Marbella, Spain
We offer Buyer Representation, Investment Portfolio Development, Relocation Advice and Services, Investment and Tax planning, Seller Representation
Our agency commission is 5% usually what is coverd by the seller. There are other services, like legal, tax, architect which can start from 300,- Euros
Yes, we are a full service agency and we help to open a local bank account, obtain NIE number, locate the best schools in the neighbourhood, etc...
The buyer’s costs, or transfer tax, in Spain amount to 7-9% of the purchase price of a home. On top of this are the lawyer’s fees (usually 1-2% with often a minimum of 2000 euros excluding VAT), the notary costs (approximately 1%)
Yes, that is possible, although you must take a number of preconditions into account when taking out a mortgage. For example, the maximum end age for a mortgage is 75 years, the maximum term is 25 years and you pay off the mortgage using an annuity mortgage. As a non-resident, you can also have a maximum of 70% of the sales price (or appraisal value, which is often lower) financed.
Yes, the transfer of a home in Spain takes place at the notary. Your lawyer is always present during the transfer and will inform you exactly what is stated in the deed or mortgage deed. The lawyer also checks your personal details and the cadastral data of the home. Furthermore, after making a reservation at the land registry, the lawyer checks whether the home is free of charges, debts and objections. If this turns out not to be the case, a lawyer can always advise you not to purchase. In that case you will receive a refund of the reservation amount paid. In Spain, money transactions regarding the transfer do not go through the notary office. The purchase price is paid to the seller by bank check upon transfer. Your lawyer will arrange (through you, of course) the payments for the notary, the tax authorities and other authorities. Once the deed is in order, the notary checks whether all payments have been made correctly and signs the deed and the keys are handed over.
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