We suggest what to look out for before choosing a dream house or apartment in Spain. Answer some key questions to make sure you make the right choice.
You have several options to choose from, and the most popular ones are:
For this purpose, it is certainly worthwhile to use the help of an experienced agency that specialises in the local - Spanish property market. A good agency is always interested in establishing and maintaining long-term relationships. The task of such an agent will be to present offers that will suit your needs as much as possible.
In answer to this question, it is worth considering if you have enough time and knowledge about the local property market to go through the whole purchase process on your own.
Very often it turns out that small savings resulting from self-purchase do not compensate for the time and energy devoted to going through the whole process. Therefore, it is worth re-calculating. Most often the help of a professional agency turns out to be a very good decision.
As a rule, the purchase of property does not have to be carried out with lawyers. However, it is worth remembering that legal regulations change very quickly, and the wording of individual legal regulations may not be obvious to us.
Additionally, when deciding to purchase property in a foreign country, we need to know about the laws that apply in that particular country. And this does not only apply to the issue of drawing up and signing a contract, but also to tax, civil and banking law. If you use the help of a professional real estate agency, you will be able to have legal consultations to make sure that your planned purchase of property is fully compliant with the applicable laws.
The purchase of property directly from the owner is usually associated with saving time and money. It seems to us that by buying without an intermediary is equal with buying faster and cheaper. However, does this rule apply absolutely in every case? Of course not. Professional real estate agencies negotiate very favourable conditions of sale. Therefore, the purchase price does not have to be higher than when buying from the owner.
If the real estate agency does not charge the buyer a commission, then you don't have to be afraid that by buying with the agency you will pay more. Buying a property yourself also does not mean saving time. With the help of an agency, you have at your disposal employees who, thanks to their knowledge and experience, can react very quickly to changing conditions and carry out the whole sale process fast enough. Thanks to this, you will be able to avoid unexpected surprises that will make the purchase process difficult.
If you do not speak the language of the country in which you want to buy the property, you may have problems with obtaining attractive financing. By cooperating with a real estate agency, which also offers advice on obtaining financing and tax optimisation, you will be able to save a lot.
Of course, the choice depends primarily on individual preferences. So it is worth answering the following questions about the property: