Property in Spain; A Comprehensive Buying Guide
Property in Spain is incredibly popular but it is really important that you approach the buying process with caution, as there are many pitfalls and unscrupulous people who will try and sell you something that is not fit for purpose. Here at Yazoo Property we facilitate the process of property search. There are lots of things to consider; not only selecting the location of your required property but also practical issues such as finding a solicitor, obtaining a mortgage (if required), dealing with taxation issues and overcoming any problems that you may encounter during the process. Whether you are looking for a villa or an apartment to buy or a property to let long term, our website has a comprehensive list of suitable properties regardless of your intentions. What’s more, with our detailed help guide, we use our years of expertise to provide you with the right advice so you can make an informed decision when you are looking to buy or rent a property in Spain.
It is of utmost importance that you find a solicitor who is thoroughly experienced in Spanish land and the law as the process of buying property in Spain is very different from the UK. Sometimes you may prefer to deal with a firm who are based in the UK but if you do, make sure that they are experienced in completing Spanish property transactions and possess relevant experience in the completion of international transactions. If, on the other hand you opt for a solicitor in Spain, ensure that they are registered with the local bar association. In addition, one of the main problems that people often face when looking for property in Spain for sale, or anywhere abroad, is the language barrier. Furthermore, it is always recommended that you employ a translator who can accurately translate all of the contracts and legal documentation issued by the Spanish solicitor.
A Checklist For Property In Spain For Sale
As with any purchase for a property in Spain, you should approach with caution and ensure that you are happy with everything before signing. In particular, make sure that you have viewed the Land Registry extract in English and verified that the property and related land correspond with the details which have been registered and that the vendors are the registered owners of the property and any surrounding land. Also verify that there are no outstanding debts on the property or any legal proceedings due to breach of land planning regulations. It is really important to check that the required planning permissions have been sought to ensure that the property has not been built illegally. The last point is particularly relevant if you are buying a property ‘off plan’ and are in negotiations with the developer.
If you are considering purchasing a property off plan, or considering a villa for sale Spain, then check that the property has been certified by a registered architect and it has been submitted to the new build register. This register should contain information about the developer and information about any structural defects which may arise at a later date. This is by no means a full checklist, but an overview of the main points which will safeguard the purchase of property and reduce any potential problems which may arise in the future. As well as undertaking various checks, you should also make sure that you obtain several important documents. The first of these is a fully paid receipt relating to the previous owners annual property tax along with a certificate from the town hall proving that there are no outstanding rates. You should also obtain the licence of first occupancy, receipt that all utility bills have been fully paid and a certificate to show that there are no debts on the property. The most recent requirement is that all properties now need to have an energy performance certificate so ensure that this is also provided.
Our goal at Yazoo Property is to provide an affordable, yet quality solution to property advertising throughout Spain. We provide one of the most accurate property portals which can be used for both agents and consumers. We strive to find the highest calibre properties for our property portfolio and aim to provide the very best chances of selling or renting your property as quickly as possible. Perhaps you are looking to buy a villa in Spain to occupy during the winter months, or maybe you are looking for a long term rental apartment. Whatever your requirements, we help you find the right property for you. If you have a property to advertise or you are looking to buy or rent, contact us on +44 (0)7881 272 635 or email us at [email protected] and we will be more than happy to help with your query relating to property in Spain.
Additional Information – Where to buy or rent a property in Spain?
When buying or renting a Spanish property one of the most important decisions you will make is determining what area to look for a property in. Spain is an extremely varied country, with so many different places to choose from, and thus it is important to consider your options carefully so you don’t miss out on any hidden gems.
Of course your reason for buying or renting a property in Spain will play a big role in determining where you purchase. Are you looking to buy an apartment in Spain to rent out and make a profit? Are you seeking a house for sale in Spain with the aim of moving to the country permanently? If the former applies, you’ll want to consider areas that are popular with tourists. You should also look into the average rental prices for properties in the area when making your purchase, in order to get a good idea of how much money you can expect to make. The Spanish Costas, Costa del Sol and Costa Blanca, are two of Spain’s prime investment areas. These locations are popular every month of the year, thanks to the year-round sun, whilst a lot of other tourist areas are virtual ghost towns between the months of October and May.
On the other hand, if you are looking at buying or renting a property in Spain because you wish to live there, you should consider areas where it is easier for you to integrate. Aspects such as the local community take on increased importance. If you are moving as a family, you’ll want to discover information about the local schools. One big mistake a lot of people make is moving to the exact area where they enjoyed their two week holiday. It can work for some individuals, but for others it proves to be the wrong choice. Two weeks of sun and sangria is bliss, 365 days of it… not so much. Plus, if you have kids, you’ll find their friends come and go in tourist areas, and thus a more settled community works wonders. After all, there’s nothing stopping you going to your favourite beach or resort every weekend.
Price also plays a pivotal role when deciding whereabouts to look for a house for sale in Spain. A lot of people are tempted by the lure of a seaside property. Nonetheless, you can expect to part with a large chunk of money for an apartment or house by the sea. Instead, if you can afford to be flexible, simply drive twenty minutes inland and you’ll find some bargain properties for sale in Spain in comparison. Again, it all depends on your reason for wanting a villa or apartment in Spain. North East Spain provides spectacular properties along the coast. These are largely used as second homes. People leave the big cities, such as London and Barcelona, and enjoy the idyllic escape of a summer retreat by the sea. These properties are often rented out to tourists during the summer months in order to make a profit or indeed cover mortgage payments or the high maintenance costs.
If you are looking to buy or rent a property in Spain with the aim of living there full-time, you need to carefully consider what facilities are close to the property. This is especially the case for those that are planning to enjoy their retirement in the gorgeous country. A lot of people get tempted by cliff side properties for sale Spain, with their dramatic appearance and wonderful views. Yet, they move in there, and realise the hassle associated with having to drive everywhere for something as small as a pint of milk. If you are to rent or buy Spanish property and need to work in the country, you will be best off considering the large cities or towns – such as Madrid and Barcelona. It is often advisable to rent property in Spain initially, until you know more about the area, find a job and feel settled.
Not everyone that moves to Spain does so chasing the beach life. Spain has a lot more to offer than this. A lot of people want to live in a traditional location and they look for a Spain property for sale that’s steeped in history. These properties tend to be a lot cheaper as well, with the exception of traditional areas that are known for attracting tourists – such as Catalunya and Andalucia. People love the stunning natural stone houses, the slow pace of life, and the unique feel of being in a conventional location. Extremadura is one of the lesser known regions in Spain; it’s very traditional and undeniably beautiful. It is an excellent choice for those that want an authentic taste of Spain. But don’t worry about finding the ideal location alone, here at Yazoo Property we’ll introduce you to plenty of traditional Spanish towns to help you find the perfect fit for your needs.
It is not all about the beach when looking for an investment property in Spain for sale as well. The mountainous regions of Spain are extremely popular, especially for adventure seekers. Winter sports, such as skiing, are enjoyed and during the summer people like to partake in bird watching and hiking. Because of this, properties here provide an alternative option for those looking to make a good rental income. Attractive properties can be found in the likes of Cordillera Subbetica, Sierra Morena, Sistema Central, the Pyrenees and Cordillera Cantabrica. There are lots of towns and villages around these resorts that offer great value for money for those looking for a house to buy in Spain with the purpose of moving there or using it as a second home. Nonetheless, it is advisable to visit during the summer and the winter, so you can get a true feel for life in Spain’s mountainous areas.
Of course you will not only need to consider where you wish to look for Spanish property for sale or rent, you also must determine what type of property you want. In a broad context, you’ll be considering whether you want a villa or an apartment in Spain. Yet, there are many more options to be taken into account. Every area of Spain has its own typical type of property. Take Galicia as a prime example – you have an apazo, a masia or a cotijo. More and more foreigners are purchasing an apazo, which is a typical country house. People often buy these homes and restore them, with the purpose of living there or indeed turning it into a business – a bed and breakfast. Investment properties must be considered carefully too. Of course most will look for a cheap apartment in Spain to then rent to tourists, yet don’t ignore community charges and such like.
There is undoubtedly a lot to take into account when looking for a property in Spain for sale or indeed a property to rent in Spain. You have to begin by outlining your real reason for wanting a property in the country. After this, there’s an abundance of factors that must be considered. Do you want to live by the beach, in an urbanisation, in the mountainous areas or somewhere different? Do you require a location whereby most people speak English? What facilities do you need? Are your needs likely to change in the future? What type of property do you want? What’s your budget? The list truly is endless. But, with Yazoo Property by your side, you can be sure you’ll find the perfect property in Spain for you. We have thousands for you to choose from and the expertise to assist you in your search.