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What are the cost involved?
Once you have found the property of your dreams we would work with you & your lawyer (if you choose to appoint one) to make sure that all the paperwork is in order.
You then need to allow approximately an additional 10% of the purchase price to cover the costs of legal advisors, taxes ( 7%), services of a notary (the one responsible for drawing up and authorising the deeds – escritura including the declared value and associated taxes) and any mortgage expenses.
One way to make your money go further is to make sure that you get the best exchange rate possible – we can recommend independent Exchange Companies that will get you better rates than the banks and often take all the stress out of ensuring that transfers are made securely and on time!
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