THE CONTRACT
Do I sign the contract before checking it with a solicitor?
PAYMENTS & EXPENSES
What can I expect the stage payments to be?
What expenses are incurred when buying a property?
When do I pay the expenses?
What are the total costs involved in getting a mortgage?
Will I be charged commission to transfer my pension?
FINANCE
How do I get finance to buy the property?
What documents would you need from me?
What are the average interest rates?
How do I open a bank account?
How do I transfer money into my overseas account?
How can I secure an exchange rate?
GUARENTEES
Is a survey carried out on the property, structure and foundations?
Are the new properties normally finished on time? What are the builder’s responsibilities if they do not finish on time?
What guarantees are there from the builder or developer?
What would happen if the builder were to go bust?
COMPLETION
Do I need to be present to obtain my NIE number?
Do I need to be present for completion?
When do I get the keys to the property?
When do I have access to my new property?
Who is the Notary and who attends on the completion day?
Who holds the title deeds to the property?
TAX
What are the yearly running costs for owning a property?
How do I pay these taxes?
Who should be the owner of the property for tax reasons?
Do I need a Spanish will?
What is the inheritance tax on a property?
What are the capital gains taxes when selling the property?
What is wealth tax?
Do I have to pay income tax?
Who pays the Seller’s tax?
LEGAL
Do I need to apply for planning permission if I want to extend my property or add a swimming pool?
How do I become a resident?
How do I get medical cover here?
