buying property in Spain

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This topic contains 5 replies, has 5 voices, and was last updated by Profile photo of dawn dawn 4 days, 7 hours ago.

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  • #194151
    Profile photo of dawn
    dawn
    Participant

    We have seen a property we would like to buy in Spain on the Coasta Blanca. There are some alterations we would like to do but have no ideal about spanish building regulations. The villa has a small attic stairwell leading up to two rooms we would like to use these rooms as a bedroom and seating area, we are not sure if this complies to regs I know we can put this in the reservation contract and it all has to comply. But we would have to put a decent stairway in which means we would have to get planning permission which then could lead on to a whole host of others things other than just put a stairway in. The lady who we have been dealing with wants us to put certain things into the reservation contract but I feel that once we have put the money down, we may have problems. Is it best to get a suveyor and artictech look at he property and proposed works before putting a deposit down. And the other thing is it is normal for the estate agency to hold the deposit.

  • #194170
    Profile photo of stephenmargerison
    stephenmargerison
    Participant

    Hi, sorry to say but walk away !! if you are not Spanish you could lose everything !!  I have a friend in Spain, she has a little casita, all the residents put a small extension on, she and her next door SPANISH man did the same,  they used the same architect same lawyer , got permission from Malaga,  ect but the LOCAL community then came and made her take HER extension down !!  but nor her next door SPANISH man   please BEWARE I would not trust the Spanish solicitors, builders or local ayumento, walk away find what you want and don’t alter it !! it has broke my friend !!!  sorry xxxxx uk resident ex pat  

  • #194228
    Profile photo of inbarcelona
    inbarcelona
    Participant

    I´m afraid I agree with Stephen…

    I am British and came to live in Barcelona just over 2 years ago….

    I have many Spanish friends who own property. One rented his property out…another had his flat renovated.

     

    My advice?….Don´t buy in Spain….You will have nothing but problems. The law is an ass….In fact, there is no law…..or none worth the paper that it is written on.

    Do not trust the Spanish.  I know England is corrupt…….but they are Saints compared to the Spanish.

     

  • #194241
    Profile photo of Fuengi (Andrew)
    Fuengi (Andrew)
    Participant

    Hi Dawn,

    You want to see the deeds first of all to see how the property is described.

    If you intend to do a private contract, i would suggest making sure that the deeds are updated prior to purchase.

    Also an architect can confirm if the alterations you want to do are possible. Can be certified by townhall as well.

    I would suggest you have any monies held by you lawyer.

    Alot of time reservation deposits are held by agencies. If you do not feel comfortable with this, pay it to your lawyer.

  • #194259

    Hello Dawn,

    If you are buying a Resale Spanish property then before you pay any reservation funds or instruct Lawyers you want to have the current Reviewed Value on the property checked out.

    If the Reviewed value on the property as of today is more than the value you are Buying it for then the Spain Tax Office can ask for the difference on the 10% Property Purchase Tax between your purchase value and the Reviewed value.

    This investigation may decide whether you wish to continue to buy the property or not.

  • #194261
    Profile photo of dawn
    dawn
    Participant

    Hello

    Thank you for replying to my questions.

    At the moment I emailed the lady who has been showing us around properties and told her I would like a artictech to look at the property and get a lawyer to advise. She relpied that the owners had had interest over the christmas and have had another offer. She also told us that we would not be able to find anything out about the property untill we signed the reservation contract?

    I did not realise we could see the deeds if we wished or is true you can only see them once you signed the reservation contract.

    Also how do you find out the current reveiwed value on a resale property in Spain.

    I am wondering if its worth continuing to look in Spain there are so many pitfalls and hardwork. Why cant you find a house and the information you need to make a decision nothing appears to be transparent in purchasing a property in Spain. We have been looking North Coasta Blanca because of the transport links which are really good. Can anyone advise on areas south.

    Thanks

    Dawn

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