Realestate in Spain

Отдельный дом в Плайя Фламенка
Type:	Houses
Category:	Second hand
Region:	Alicante
City:	Torrevieja
Area:	100 m2
Price:	195 €

Уникальная квартира с видом на море Los Locos
Type:	Apartments
Category:	Second hand
Region:	Alicante
City:	Torrevieja
Area:	70 m2
Price:	150 000 €

Новострой Gemelos 28 Levante(Benidorm)
Type:	Apartments
Category:	Новострой
Region:	Alicante
City:	Benidorm
Area:	75 m2
Price:	355 000 €

 

Our Mission statement
We provide high quality services in real estate and help make dreams come true by offering our clients service that correspond their trust and most ambitious expectations. Our practices are directed towards constant day to day increase of the number of clients who would be ready to recommend us to people and companies that are important to them.

Key company competence:
We take full financial responsibility to a client for each transaction in the amount of the cost of the property.

Investments in construction – profit up to 30% annually guaranteed

Documents required for property purchase in Spain:

• International passport
• Alien number

For an alien number you must have:

• A valid visa
• A certificate proving the origin of the money (on a letterhead with a stamp)
• A letter from a Spanish bank stating your account balance (is there enough funds to make a purchase)
• An agreement proving your down payment for a specific property and copies of the property documentation

The world is changing every day but some things never change. Like in ancient times the most valued things in the world today are buildings, jewels, valuable metals, works of art and real estate. The last – most of all. In a modern world to own real estate in European countries is not only prestigious but is also a well made investment. In today’s world when the exchange rates are constantly changing the best long term investment is real estate. Especially popular as well as valuable lately has been real estate in Spain. If you’ve decided to live in Spain permanently it makes sense to purchase a second house to rent it and live on rent income. It is worthwhile to remember that in Europe Spanish property is extremely popular among tenants.

Of course, purchasing a real estate is a very important step and requires a lot of funds. That is why the purchase process must be taken with all due attention and one should make sure to have support of professionals who have a broad experience in real estate transactions as well as an impeccable reputation. Our company is perfect for this purpose as we are on the market for over nine years and have earned our partner’s respect. All you need to do is to sign an agreement with us and soon you will have keys to your own home. But even after the sale we will not leave you all alone in a foreign country – you can count on our advise, support and recommendations.

Our company will take care of every detail and nothing will slide by us unnoticed. We guarantee that the purchase process will be fast and pleasant without any problems and delays which can overshadow a joyful event of purchasing your own home.
Our attitude to our clients and a long way on the real estate market have not once rewarded us – new clients come to us by references from clients who have used our services to purchase property in Spain. And we consider it the best assessment of our achievements.

The Real Estate Purchase Process in Spain

In order to purchase property in Spain you must open a bank account. If you are planning on taking a mortgage an account should certainly be opened at the same bank that will provide a mortgage. For residents of Spain a mortgage can be 100% financed, for non residents a loan can only be provided for 70% (in some cases for 80%) of the cost of the property.
In order for the bank to review your mortgage application you will have to provide a few documents. The most important of them is a letter from your employer (form 2НДФЛ) which will prove your monthly income. If at the time of acquisition you had an open account at any of the banks, you would have to provide a statement of cash flows on that account. Based on documentation which proves your property purchase in Spain you will be granted an Alien Tax ID number by The Civil Police of Spain. A legal document confirming acquisition of real estate in Spain can be a Contract Senal (Contrato del Senal). This contract usually specifies the details of the buyer, characteristics of the property being bought in Spain, validity period of a contract (can vary from one to three months), and amounts of down payment and deposit made.

Once a down payment will be made the property will be withdrawn from sale and submitted for registration of ownership. Before you sign a Sale Agreement, which has to be notarized, all the required data is obtained from a Property Register (Registro de Propiedad). If you are taking a mortgage on this property you will be signing two contracts: a sale agreement and a mortgage contract between the buyer (you) and the bank that provided the loan.

Of course it is worthwhile to mention the taxes as well: you will have to pay a property tax in the amount of 7% for residential property, and 16% for non residential property of the cost of the property specified in the sale agreement (Escritura de Compra – Venta). In general, expenses related to registering property ownership are not higher than 8%, and expenses related to obtaining a mortgage are about 10-11%.