1Casa Estate Company - 10 tips to remember while purchasing property in Spain
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Posted On :
Sep-16-2010
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Article Word Count :
848
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1Casa – Real Estate Company provides properties for sale in Spain, and properties on rent in Malaga and Granada areas.
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1Casa – Real Estate Company provides properties for sale in Spain, and properties on rent in Malaga and Granada areas. Established in 1999, 1Casa provide properties in Spain, including Off Plan, Villas, Apartments, Inland, Coastal and Commercial Properties. It provides Overseas property, Spanish property,Costa del Sol property,cheap property in Spain, property Costa Blanca Spain, property Murcia,businesses for sale in Spain, bars for sale Spain etc. 1Casa provides property at low cost in Spain and valuable information about property at reasonable cost. At 1Casa you can get/notice all the information about properties whether it is for new sale, resale, on – rent for various properties like overseas property, commercial, costa del sol property, apartment, and villa.
Purchasing a home at good location is the dream of many people, to make a dream comes true, it is necessary to do research. This will helps you to find the right property at right price. 1Casa Estate Agency gives 10 points to find the best property:-
1. How much amount you have to send for the home and from where it is come? Will it comes from the sale of your present home, or from the bank? Your budget depends upon the amount that you want to put down as a deposit for the mortgage.
2. Mortgages in Spain are more expensive to set up but the interest rate is less then others. "Foreigners" usually receive 70 to 80% of the bank valuation of the property, it is not inescapably the selling price. We have to find 20-30 % of the price of the property and includes the costs of the mortgage
3. Costs of purchase property in generally are 10 and 12% of the purchase price of the actual purchase price.
Here is how this amount breaks down:
Lawyer charge contains 1% of property price to cover legal documents, searches, contract preparation and the visit to notary.
There are 7% taxes which you will have to pay for resale or a newly built property as set by government and non-negotiable.
4. Which property you like to purchase for your home. These are of two types like: “must have” and “would like to have”. The “must have” is that in which we surely want numbers of bedrooms, spaces and other things which are necessary for family. The “would like to have” is that in which you like include en-suite bathroom or extra bathroom, a garage/parking area, Jacuzzi, swimming pool, tennis court etc. Make this a family discussion so that everyone has the opportunity to add in the list or remove from this.
5. Decide that for which purpose you want to purchase the property. If you want holiday home it will easily access and the property at the sufficient distance of the international airport. If it is permanent home then you might consider at views, size and scope to improve. If you buy the property for investment then you need to think about the kind of property.
6. Now you have your budget and your requirements, so you can start your search. Firstly you go online and start your search. Search by town is easier than search by area
7. The NIE number, that is national identification number, is necessary for buying a house and for most things which you want to do. If you want to live permanently in Spain then you have Spanish registered car and a Spanish license to drive it on Spanish roads.
8. You will have to pay tax if you want to purchase permanent home or a holiday home. These charges are less then the UK. If you want to live here permanently then you must have to pay tax for property.
9. It is important to find out a trustable estate agent who offers many services than just selling a house. Always be careful about the advertisements that offering you free or low-cost inspection trips, you could pay for this in end. There are many illegal properties in Spain and many estate agencies who selling them. So always beware from those agencies and agents.
10. After purchasing the property in Spain you must receive Comprehensive Title Insurance for future. They protect you from claims by third parties like undisclosed heirs, unrecorded tax liens, alteration/loss of title documentation. Title Insurance also can help you for purchasing permanent home, holiday home or investment; it includes payment for Legal Fees to support a claim. 1Casa Estate Agency, Spain helps to get the properties at reasonable cost and get the clients’ trust.
About 1Casa :
Established in 1999 is managing by Cristina Sanchez from a many no. of years. 1Casa have helped a large number of clients looking for Spanish property for sale. The company is located in Hull with offices in Alora, Malaga. It Provide property for sale in the various area of Spain with good selections in Almeria, Alicante, Malaga, Granada and Jaen areas.
Contact:-
Cristina Sanchez
(0034)952495509
1Casa (Real Estate Company, Spain)
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Article Source :
http://www.articleseen.com/Article_1Casa Estate Company - 10 tips to remember while purchasing property in Spain_33277.aspx
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Author Resource :
Founded in 1999,1Casa is the number 1 Real Estate Company in Spain. 1Casa provides property for sale in spain,costa del sol property , cheap spanish property,businesses for sale in spainandbars for sale spain according to the requirement.
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Keywords :
costa del sol property, businesses for sale in spain, cheap spanish property,
Category :
Finance
:
Real Estate
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