General Advice for Buyers and Sellers FAQ
Spain, especially the Andalucia region, is still one of the most popular destinations for people that wish to move to a new country or to buy a second home in a pleasant, diverse and healthy climate. As with any financial transaction we believe that you should be aware of some basic facts before parting with any of your hard earned money!
This section provides some useful questions answers regarding information for both buyers and sellers. For further information, please contact us.
- How much should I allow on top of the purchase price for costs/expenses?
As a rule of thumb, allow for between 10% and 12% of the purchase price as costs. These are as follows:
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- How do I get legal advice?
Independent legal advice is well worth taking and can help avoid future headaches. It is important not to sign anything or part with any money until you are satisfied what you are signing and the consequences.
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- How do I open a bank account in Spain?
We can help here too. We usually arrange this between yourself and your agent or local solicitor. It is a very straightforward process.
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- Do I personally need to be present to sign the title deeds on completion?
The notarial system in Spain means that completion is never the exact science that exists in other countries.
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- Will my property be freehold?
Yes, all properties that we deal with are freehold properties.
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- How else can Casa Aymara help me during my move to Spain?
Your Estate Agent is there to answer any questions you may have about the property of course but, we also believe that we should be able to point you in the right direction for assistant with local and international schools (the best place to start is the National Association of British Schools in Spain www.nabss.org or by calling Spanish Education 020 7727 2462) opening a bank account, obtaining an NIE document and so on.
This is a very brief summary, to highlight some important points - if you have any questions whatsoever please do not hesitate to contact us info@casaymara.com ; +34 952 427 068.
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