Very interesting advice on buying property in Spain from euroresidentes.com

Buying a house in Spain - tips Extra expenses:

You need to take into account unavoidable extra expenses when buying a house in Spain. These include the services of legal advisors, translators, taxes, possible mortgage expenses and, most importantly, the services of a notary.

The notario is the person responsible for drawing up the deeds (escritura), the tax due (registro catastral) and the registration of the names of the new owners in the Spanish property register (registro de la propiedad). and tax register (registro catastral); he charges fees to the vendor and purchaser, according to a fee schedule set by the governmentTranslators:

However much you fall in love with a property in Spain, you should avoid relying on the services of a translator provided by your Spanish Estate Agent who is keen to sell the property as quickly and at the highest price possible, and then move on to the next sale. Contact a local translation company and pay for your own translator - services are not expensive and are well worth paying for to protect your own interests.The importance of the exchange rate.

As long as Britain does not participate in the EURO currency, the rate of exchange between pound sterling and the euro will continue to give headaches to people considering buying or selling property in Spain. If you want to avoid having to check exchange rates daily, consider paying for the services of a professional exchange company that can get the best deal for you however you want to pay.

In the July edition of its magazine, Easy-Jet recommend CurrenciesDirect.com, a company offering the following services:
o Spot transfers - ideal if the exchange rate is in your favour and you can get the money together quickly
o Forward transactions - favourable rates are guarenteed with a small desposit o Limit order - you tell them what exchange rate you are looking for and they will tell you when it comes up so that you can make a quick purchase
o Regular currency transfers - transfers on a regular basis at commercial rates to cover loans or mortgages.

BUYING A HOUSE IN SPAIN

Tags: spain, property, euro

We found a number of topics on the Spanish Housing market, that should be oif interest.

http://www.euroresidentes.com/Property/property_spain.htm

Latest news on the property market in Spain - selection of news articles related to the real estate market here.

Buying property in Spain - our new blog created to answer your questions and inform Mortgages in Spain - a brief introduction to the Spanish mortgage market, how it works and interest rates in Spain Mortgages for non-residents in Spain
- details on how to apply for a mortage with a Spanish bank. Spanish banks
- before applying for a mortgage, find out more about Spain’s most popular banks and Spanish savings banks.

Buying a house in Spain
- advice to bear in mind if you are thinking of buying a Spanish property in FAQs format. See also tips.

PROPERTY IN SPAIN

Tags: spanish, spain, house

Spanish Houses price update from euroresidentes.com blog.

Thursday, January 20, 2005Price of houses in Spain

It looks as if the prices of houses in Spain are at last starting to come down. Yesterday the Housing Minister, Maria Antonia Trujillo, said that latest figures published suggest that trends in the Spanish property market were starting to change.However, Trujillo declined to make any concrete prediction regarding a possible drop in house prices, or to comment on the possibility that Spain may soon be experiencing the same sort of downward trend in property prices as that experienced by the real estate market in Britain.

She measured her words very carefully - “It is true that certain figures (related to the property market) indicate change”.

News from Spain: Price of houses in Spain

Tags: spain, house, price

With quite a bit of turmoil in the Marbella /malaga region of Spain and the scandals in property dealing, perhaps the big names will settle people’s confidence when it comes to making the decision to buy

If their history matters to you, here’s a note from their website:

Buying a Taylor Woodrow de España home doesn’t only mean you’ll have a beautiful place to live. It also means you’ll have peace of mind. That’s because Taylor Woodrow de España is part of the UK’s leader Taylor Wimpey plc.We have been building homes since 1921.

Taylor Woodrow – Properties for sale on the Spanish Coasts

Tags: spain, property, home