About buying and selling property

When buying a property

When selling a property

When buying a property:                    back to top
Once you find the property of your choice and agree on a purchase price and a completion date, a deposit of 10% is paid and a contract of option is signed by the seller and the purchaser, setting out all the conditions of sale and purchase.

We check in the land registry to ensure that the seller is the legal owner, and that the property is free of debts, mortgages and embargos. We also contact the townhall and check that all bills are paid up-to-date, i.e. electricity, water, telephone, rates, community fees, etc.

The Title Deeds are signed over in front of a Public Notary and we will arrange this appointment. When the day of completion arrives, we will accompany you to the Notary's office to translate, etc. Before leaving his office, the Notary will give you a simple copy of the Title Deeds.

Payments: the legal fees for the transfer of the property are paid by the purchaser, i.e. Notary, registration, 7% transfer tax, fiscal numbers, etc. These normally amount to approx. 10% of the purchase price. We will arrange for a Solicitor to make these payments for you. The original Title Deeds will take approx. 3 to 4 months to come through, and we will then collect these from the Solicitor.

We will arrange for all bills to be put into your name, and for them to be paid by direct debit. We can insure your property through a reputable Insurance Company. Our services do not stop there. We will help you to deal with any other matters relating to the property that may arise before and after completion.

 

 

When selling a property                       back to top

We will advertise your property on our website, in our window, in local newspapers, magazines, and on the internet.

Once we have found a purchaser, and the price and completion date have been agreed on, a contract of option is signed between seller and purchaser, setting out all the conditions of sale and purchase, and a 10% deposit is received.

We will ask you for a copy of the Title Deeds and copies of all the last bills, i.e. rates, electricity, telephone, water, community fees, etc. We will arrange the appointment for the Title Deeds to be signed over in front of a Public Notary, and we will accompany you there on the day of completion.

Payments: If you are a non-resident of Spain then you must pay a deposit towards capital gains tax of 5% of the declared price. If you purchased the property prior to the 1st January 1987, you may be exempt from this tax. There is also a Town Hall Tax called Plusvalía which, legally, must be paid by the seller. We will arrange for a Solicitor to pay these amounts for you. The agency fees are paid by the vendor.

We will arrange for all bills to be put into the purchaser's name, and cancel any direct debits that you may have. Our services do not end there. We will help you to deal with any other matters relating to the property that may arise before and after completion.

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