How to buy property in Spain. Property in Spain for sale. Buying property in Spain (2020)

How to buy property in Spain. Property in Spain for sale. Buying property in Spain.
https://youtu.be/hfd6J2zh0_k

0:23 - Step one (and the most important!). Answer some questions.
First, you should know the reason for buying property in Spain.

Its location depends on the variety of properties:
• a house for renting;
• a vacation property;
• a place for living in permanently.

Secondly, decide what kind of property you are interested in:
• a house;
• a flat;
• a villa;
• or a bungalow;

Choose it for your needs considering the budget.

Thirdly, evaluate different regions of Spain:
• closer to the sea;
• closer to the mountains or forests;
• closer to the city and etc.

1:33 - Step two. Organization of your trip to Spain. This way you will be able to see all the real estate objects you have previously chosen with your own eyes, look at their location, local climate, and also (if necessary) see other objects, which correspond to all your requests;
At this stage:
*we determine the DATE of your visit to Spain and book AIR TICKETS;

1:58 - Step Three. Your Guiding Tour. So, you are already in Spain! Your personal manager (a consultant of WTG Spain) meets you at the airport. Then, you go to a comfortable place to stay during your tour in Spain. The next few days (of course, accompanied by the personal manager of WTG Spain), you inspect all the real estate objects that are the most appropriate to your needs.

2:47 - Step number four. Preparing documents for the purchase of the real estate.
So, let's start with the first action – Reservation agreement. It’s very simple! The property you have chosen should be withdrawn from the sale (and review) for other buyers since it is you who want to become its owner. You should pay a minimum reservation deposit. It is about 3%, depending on the particular object.

Having taken this step, you can be sure that the property you have chosen is withdrawn from the sale until the full transfer of ownership. Naturally, this procedure is carried out on the basis of the private contract that you sign with the owner of the property.

This contract also fixes:
• terms of payment of the remaining sum;
• and the final price, considering the deposit you have already paid;

The second action is getting tax identification number NIE (in Spanish known as “Número de Identificación de Extranjeros”).
To get a NIE, you have to prepare all the necessary documents:
• Passport and photocopy of all its’ pages;
• The photo of a passport
• Proof of Health Insurance – this can be Private Health Insurance or an EHIC card;
• Completed special application forms;

And the third action – is opening of your personal account in the Spanish Bank. All your payments related to the purchase of real estate will be made exactly from this bank account.

So, here is the list of documents required for opening an account:
• Identity Proof (Passport);
• Foreigner identification number and certificate (número de identificación de extranjeros - NIE);
• Address Proof;
• Employment status Proof (student card, employment contract, unemployment documentation);
This list of documents must be translated into Spanish and notarized.

7:12 - Step number 5. Finally, this day has come - the day of the deal!

Let's summarize! By now you have:
• chosen the property of your dream in Spain;
• signed a private contract and paid a deposit for this property.;
• received an NIE Number;
• opened a personal account in the Spanish bank;
• and the necessary funds have been transferred to the bank.

Everything is ready for the final stage ... - SIGNING A CONTRACT OF SALE WITH A NOTARY!

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Аpply to buy real estate in Spain 🏠
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📧 sales@wtgspain.com

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Видео How to buy property in Spain. Property in Spain for sale. Buying property in Spain (2020) канала Property in Spain. WTG Spain