CHOOSING THE RIGHT PROPERTY
Knowing our approximate budget is the first aspect to take into account. That will help focus on the most suitable properties, avoiding those that are not affordable.
Compare. We strongly recommend that you work with a professional. Being advised by a qualified real estate agent is essential to avoid any unpleasant surprises and waste of time. Before making any final decision, it is advisable that you visit different properties with your real estate agent.
Payment method: cash or mortgage. If you are considering to apply for a loan in Spain, you need to know that the maximum mortgage amount allowed to non-residents is 60% of the valuation price. This procedure can take up to one month.
Check the property’s legal situation. In order to make sure that all the legal requirements are met along the purchase process (Due Diligence, contracts, tax payment, etc.), we recommend that you hire a lawyer who has experience in real estate. Your real estate agent can also advise you about this.