Our team of real estate lawyers will advise you throughout the whole process of finding and buying a property. Leave the process of buying your property in the best hands. SOLER & ASSOCIATES has an extensive portfolio of properties from inheritances and real estate transactions. This means that the client has direct contact with the seller, without intermediaries. You are about to make one of the biggest financial decisions of your life: buying a house on the Costa Blanca, let our legal team advise you. But, wait, if it is your first purchase, it is important that you take into account all the necessary steps to buy a home.
What documentation do I need? What are the steps to follow? We explain it to you.
D.N.I. or passport (N.I.E. for foreigners)
Spanish bank account.
Reservation: A private document between the buyer and seller in which the reservation of the property is made, including the form of payment, estimated date for the exchange of contracts and completion, accompanied by a sum of money (usually €3,000 - €6,000), which is paid by the buyer to demonstrate to the seller a real intention to purchase.
Earnest money contract: A private purchase contract creates a binding agreement between the buyer and seller, setting out the agreed sale price, a completion date and establishing the terms and conditions of the sale. At the time of signing, the buyer will pay a deposit of 10% of the sale price. Once 10% has been paid, if the seller withdraws from the sale, he is obliged to pay double.
Notary: The Buying and Selling operation is finalised once you sign before a notary. At that moment you will be given a Simple Copy of the Title Deed and the keys of the house. Within approximately one month your property will be registered in the Land Registry and you will be given the definitive original title deeds.
Costs of the purchase process
How much are the costs associated with the purchase of the property?
Notary's office (depending on whether or not there is a mortgage on the property)
Lawyer or legal adviser
Transfer tax (10% of the deeded value)
In this section, you will find the best projects with closed and tailor-made budgets.