Property Purchase Costa Blanca

Property Purchase Costa Blanca

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Property Purchase Costa Blanca info@gusrobinson.com

The Purchase Process
     
Purchase Process -:- Inspection Trips -:- Legal Procedures -:- Finance -:- After-sales

Once you have made your choice, the property is reserved for your solicitor to carry out the necessary work to ensure the trouble-free purchase of your property.

We work with English-speaking Solicitors who will act on your behalf when purchasing your home.

Your contract will be translated into your native language for you in order to ensure that you fully understand exactly what you are signing. The contract will state the dates for subsequent payment of the balance due, which needs to be carefully observed. You will of course be provided with a copy.

Property Purchase Costa Blanca When your property is complete and finished to your desired standard yourself and your Legal Representative will appear before the Notary, who is a government official responsible for the execution of public documents and to ensure compliance with Spanish law. The Notary acts for neither party and does not replace the need for your own lawyer but witnesses the signing of the Escritura de Compraventa (the transfer deed). We will also be present, as will a representative of the builder and your solicitor, who will read and translate all Contracts and Title Deeds into your native language for you, and verify that you understand what you are signing. All conversations will take place in English where possible, so that you can follow what is going on. However, there may be some cases, for example where the builder does not speak English, where the conversation will have to be in Spanish, but you will always be told exactly what is being discussed.

If you cannot be present in person to sign the contract or indeed the final completion contract you can grant your solicitor power of attorney so he can complete on your behalf.

At this time the balance of the purchase money will be paid to the seller and any remaining purchase tax and fees will be paid. You will then have the keys to your new property and a copy (Copia Simple) of the title deed until the formal deed comes to you from the land registry.

Solicitors also arrange for you to receive an N.I.E. (Foreign Identification Number), which is required by all non-residents to draw up a Spanish Will.

At this point you can instruct you lawyer to set up accounts for utility services such as water and electricity and Spanish resident taxes which he can arrange payment of through your Spanish bank.