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This topic contains 8 replies, has 6 voices, and was last updated by Profile photo of rt21 rt21 6 years, 1 month ago.

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  • #55916
    Profile photo of Tinnat
    Tinnat
    Participant

    how long does it usually take for the process of buying a house to be concluded after the price has been agreed upon by the parties?

  • #101248
    Profile photo of Anonymous
    Anonymous
    Participant

    Can be as quick as a month, can take up to a year.

    Is it a cash buyer or do they need to arrange finance?
    Will the survey show problems?
    Does the buyers already have a Spanish bank account?
    Etc…etc…etc…..

    Typically I suppose it normally would take 2-3 months.

  • #101250
    Profile photo of katy
    katy
    Spectator

    We have bought and sold within a month. Cash buyer could do it in 3 weeks.

  • #101253
    Profile photo of Anonymous
    Anonymous
    Participant

    We just bought a place, and IIRC it took nearly three months

    Delays were caused by holidays, sellers solicitor (just lazy IMHO), valuation problems, mortgage problems, the house got burgled during this time, so that also caused a additional delays

    For us it was worth it in the end, but I was seriously thinking of pulling out when we got to two months as it felt like nothing was happening

  • #101261
    Profile photo of Anonymous
    Anonymous
    Participant

    You must have loved the place. !!!!!!!!!!!!

  • #101262
    Profile photo of Anonymous
    Anonymous
    Participant

    Yes, we have had it for just one week now, and I love it!

    Lots of work to do, but it’s great……..

  • #101264
    Profile photo of Anonymous
    Anonymous
    Participant

    El anciano. I am pleased for you & hope that you will have many years of joyful ownership.

  • #101265
    Profile photo of Anonymous
    Anonymous
    Participant

    Thanks Shakeel 🙂

  • #101267
    Profile photo of rt21
    rt21
    Participant

    It took us about 3 months to complete the purchase of our property. This included arranging a small mortgage through a spanish bank, arranging for my wife to sign a spanish document in the UK (witnessed by a UK lawyer) giving me authority to sign documents on her behalf in Spain and also of course finding a time slot in a busy diary to pop over to Spain to sign all the documents. As has been said it can be done much quicker depending upon circumstances.

    Richard

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