Spain Guide: Property
Buying property isn't easy anywhere, but it gets even more complicated if you have to deal with an unknown property market and legal restrictions of a foreign country. Read our property guide to get a good start – and to avoid mistakes you might later regret.
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Research
How to find your dream property in Spain
The secret of successfully buying a home in Spain is research, research and more research. A successful purchase is much more likely if you thoroughly investigate the various regions, the type of properties available, prices and relative values, and the procedure for buying property.
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Estate agents in Spain
Buying property through an agency
The vast majority of property sales are handled by estate agents, particularly those where non-resident foreign buyers are involved. It’s common for foreigners in many countries, particularly the UK and Germany, to use an agent in their own country who works in co-operation with Spanish agents and developers.
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Fees & Taxes
Costs of buying property in Spain
A variety of fees are payable when you buy a property in Spain, which usually add a total of around 10 per cent to the purchase price, which is higher than in many other EU countries. Fees are slightly higher (e.g. plus 1 or 1.5 per cent) on new properties than on resale properties.
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Types of property
Apartments, townhouses, villas and country properties
Spain offers a wealth of different properties, from small holiday apartments to huge country mansions set in acres of land, with just about everything in between. Each region has a typical type of property, for example a cortijo, a masía or a pazo (typical country house) in Galicia.
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Buying property
Conveyancing, contracts, final checks and completion
This article details the purchase procedure for buying a home in Spain. It’s advisable to employ a lawyer before paying any money and, if necessary, have him check anything you’re concerned about regarding a property you’re planning to buy.
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