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Inmovillas
Costa Blanca, S.L.
Plaza Sierra Castilla 5,
Urbanisation Marina, 03177
San Fulgencio, Alicante
UK Tel:
0800 0612 032
Spain Tel:
00 34 966 796 260
Fax:
00 34 966 797 808
E-mail: info@inmovillas.com |
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Inmovillas
Costa Blanca, S.L.
CIF: B53467106
Inscrita en el Registro
Mercantil de la provincia de Alicante al Tomo 2338, Libro
0, Folio 36, Hoja A59178, Incripción 1ª. |
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Buying a Holiday Villa in Spain
* Common Queries
When I have found the
property I want, what is the next step?
You will need to see our Solicitor with us a pay a deposit
to hold the property. This will usually be around 10%
of the purchase price and at the same time you will sign
a contract of purchase. Before making the contract with
the Vendor, we will have made the necessary searches and
confirm the property is legal and free of debt.
What happens after this?
If it is a Re-sale property, following payment of the
deposit the balance will need to be paid. This is done
when you visit the Notary to sign the title Deeds (Escritura).
Arrangements will then be made with yourself, us and the
Vendor for a date that is convenient for all parties to
attend.
If it is a New property the payments are normally made
in stages (inclusive of deposit already paid). The keys
are handed over to you when the final payment is made
and construction completed.
What if I am ill or unable to
come back and sign the Title Deeds?
If you are unable to come yourself, you can appoint someone
to act on your behalf as your Power of Attorney. This
can be your Spanish Solicitor, Spanish Real Estate Agent
or someone of your choice.
Can I use my British solicitor
to complete the purchase for me in the U/K?
We do not recommend you attempt to do this. Even though
your UK solicitor may be perfectly reputable and competent
with UK law, they do not have the experience, authority
and familiarity of Spanish law.
Also in Spain the criteria is different and the whole
transaction could become lengthy and complicated. Our
Spanish lawyer is thoroughly experienced and conversant
in all aspects of Spanish law and will be able to advise
and reassure you every step of the way.
Can I obtain a Spanish mortgage
to buy the property?
A Spanish mortgage can be obtained for up to 50% of the
purchase price, repayable over 10/15 years at 5% interest
rate - dependent on circumstance.
How do I pay my bills etc. for
the property whilst I am in UK?
The first step is to open a Spanish bank account, we can
help you with this. Then standing orders will be set up
for you to pay everything through the bank. The bank can
also arrange for statements to be sent to you in UK in
English. |
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