News Do you need help buying a home in Spain? Here is a small summary
- Obtaining a NIE (Foreigner Identification Number): Before purchasing property, a foreigner must apply for a NIE at a local police station or at a Spanish embassy in their home country.
- Set the budget: Determine how much you can spend on a property and calculate additional costs, such as taxes and legal fees.
- Search properties: Explore the real estate market in Spain to find properties that fit your needs and budget.
- Hire a Real Estate Agent: It can be helpful to have a real estate agent guide you through the buying process.
- Make an offer: Make an offer on the property you are interested in and negotiate the price with the seller.
- Hire an Attorney: A real estate attorney can help review the sales contract and ensure everything is in order.
- Obtain financing (if necessary): If you need a mortgage loan, do your research and obtain the necessary financing.
- Conduct a legal investigation: Make sure the property has no outstanding debts or legal problems.
- Signing the deed of sale: Once everything is in order, sign the deed of sale before a notary public and make the payment.
- Payment of taxes and property registration: Pay the corresponding taxes and register the property in your name at the Property Registry.
20 Sep 2023
