Top Tips For Buyers in Spain

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Tips For Buyers

The following recommendations are intended to protect your investment and if followed should ensure a problem-free purchase.

Use a reputable agent with licensed premises open to the public.
Do your research and get some idea of what to expect when you arrive in Spain.
Have access to a deposit of 6.000€ so that you don’t miss out.
Use an agent affiliated to the Interagency Network to ensure the widest selection of property and prices that reflect the true market value.
Visualise yourself in the property. Prepare a checklist, take notes and ask yourself questions, such as; is the balcony large enough for a dining table?
Try to save money by not using a lawyer. The pitfalls of going it alone could prove very costly.
Pay a deposit to a private vendor as you may have trouble getting it back in the event of non completion, should the vendor be at fault.
Buy the first property you see. Try to set aside at least 3 days for a viewing trip and make comparisons to ensure you buy the right property.
Forget to include costs such as tax when calculating your budget. As a rule these amount to 10 – 11% of the property price.
Don’t rely on advice from friends who have been there and done that. Ask the experts, use your common sense and make up your own mind.

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