Spanish Goodlife
              The International Real-Estate Network
             website: www.spanishgoodlife.com E-mail: info@spanishgoodlife.com
Last updated : 10-03-2010 
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Spanish Goodlife look after you, should you have any interest in buying a Spanish property,  from A to Z. Entirely without obligation, Spanish Goodlife will help you to make a decision as to whether buying a property in Spain is right for you. 
We will help you to define a location that will suit you and we can advise you upon what is available within your budget.  Furthermore, we provide you with all the help and advice that you will need: from fiscal and legal matters all the way through to the renting and/or maintenance and care of your property.  We provide a full wrap-around service that is always tailored to your individual needs. 

 

Some of the important aspects to purchasing or constructing a property in Spain.

  • Is the property developer bonafide? Does he have a good reputation and can you check his work and obtain reference?
  • How do you know that the person selling you the land is the real owner?.   
  • Are there any encumbrances on the property – such as mortgages?  If there are and they are not removed then you may find yourself paying someone else’s debts!
  • Is the building legal?  In Spain there are three property designations: Urbano, Urbanisable and Rustico.  The designation of your property is of critical importance!
  • Has the property been urbanized and, if not, will this occur?  You may have to pay considerable money for the installation of the infrastructure, if your property has not been urbanized – lights, pavements, mains water, electricity, metalled roads etc.
  • Are there any advance payments on the property – or is everything to be paid in front of the Notary?  
  • In a construction contract, is there a clearly defined start and finish date for the project – perhaps with penalty clauses?
  • For all new constructions the builder must supply a 10 year insurance-backed building guarantee that will protect you against any mal-construction.  
  • Check to ensure that you will have mains electricity, mains water, and a telephone landline together with (preferably) mains sewage disposal.
  • Be careful not to be tied to a particular constructor should you require works performing on the property during the 10 year building guarantee.
  • When everything is in order you must sign the Escritura (the property deeds) in front of the Notaire.  Once this has been completed it is vital that the Escritura is registered properly at the Land Registry.  
  • If you agree to have a house built then always ensure that it is your name on the Land Registry as being the person that owns the land.   
  • Always ensure that when any works are performed on your property that you correctly register the works and that the Land Registry is updated to show the declaración de obra nueva.

We at Spanish Goodlife are ready to serve you – from A-Z!


 
 
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