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What you should
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- Pre contracts
Once you have found the property you wish to purchase we draw up a
pre contract between you and the vendor called a Sale &
Purchase Pre-Contract (Pre-Contrato de Compraventa). It is
usual to agree in this pre-contract that a deposit - normally 10%
- is paid at this time. When a pre-contract is signed, it is binding
on both parties, so a big advantage is that gazumping cannot occur.
Within this contract, any details you wish to be verified ie contents
of the house to be included can be noted. The date by which the transaction
will be completed is set. After both parties sign this contract and
the deposit is paid, the papers related to the purchase are passed
to the Notary office for the elected date to complete the sale. |
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- Bank account
It is essential you have opened a Spanish bank account; we can help
you do this by introducing to a reputable bank that will issue all
the details in English. This is required before you sign at the notary
office as the payment for the property MUST come through a Spanish
bank via a banker’s cheque or transfer. |
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- NIE
The law in Spain is changing with regard to foreigners purchasing
homes, until recently you could buy a home with your British passport
and money. With the worldwide controls on the movement of monies in
an attempt to fight terrorism, Spain has introduced a law that before
buying you must registered as a temporary citizen N.I.E. (numero de
identidad de extranjero). In reality the Spanish bureaucracy, cannot
cope with the issuing of this in the time scales normally associated
with buying a property. Notary Public offices will ask you for this,
so the solution is to start the process once you are here, and if
it is not completed by the time you come to sign, you have at least
demonstrated that you are complying with the law.
The form is relatively simple, requiring little more than the details
in your passport, but written in Spanish. Once completed you need
to take the form, plus copies and your actual passport to the police
station. You will be given the copy form back stamped and verified.
The processing of this form can take over a month depending on the
time of year. Blank forms are kept in the office and we will happily
help you to complete these. |
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- Certificat
de Convivencia. This certificate is issued by your local
council once you have purchased a property. It verifies your address
in Spain. You need your passport and deeds and it normally takes under
a week to issue. This will enable you to buy a car in Spain, needed
also to register on the Spanish health scheme. |
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- Transferring
accounts Once you have purchased a property we will transfer
the utility bills ie electricity, council tax, water and telephone
into your name for you. All household bills are paid two monthly by
direct debt. We will also help with setting up gas contracts and meetings
with trades people should you wish. |
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- API Registered
We are a registered API agency (agente de la propiedad inmobiliaria).
Please note that it is not necessary for an estate agent in Spain
to be qualified or a member of a professional body with professional
indemnity cover. You may not have redress using unqualified agencies,
so look for this registration when choosing an agent. |
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If you want to know
further details on any of the subjects covered please contact
us. |
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