Buying in Spain

1. The reservation contract has to be signed and 3000 euro of reservation fee has to be payed

2. Control of all the paperwork of the property

3. If everything is okay, we go ahead and the buyer pays 10% (- 3000 euro)

4. Payment methods are to be stipulated in the contract

5. Buyer has to have a NIE number and open a bank account in Spain in order to proceed! If you are a non-resident the Spanish Ministry of Interior requires you to obtain a certificate of non-residency, which in turn determines your fiscal number, so that you can sign the title deed. It will also be required later in order to pay taxes. This document is known as an NIE number. As from 1st January 2012 local police stations are not accepting NIE applications through a power of Attorney; clients must now apply for their NIE personally at the police station or at Spanish Consulates / Embassies.

6. Then before the notary there is a house and inventory check by all parties

7. Final payment will be made at the notary when the keys are handed over.

8. Registration of the deed and payment of the costs involved

9. Utility companies have to be informed (water, telephone, electricity, gas, etc...)