Buying process

Spain continues to be a favourite destination for expats and foreigners, with an increasing number choosing to buy all over Spain, the most popular destinations for foreigners still being the Spanish “costas” and islands.

One of the best ways to buy a cheap house in Spain is to buy an off-plan property. An off-plan property is simply a property that hasn’t been built yet, something that is on the rise in Spain. During the recent coronavirus crisis, the construction sector of new houses in Spain has tak

You may have heard the term ‘snagging’ before and may be wondering what it means. Snagging is an informal expression used within the construction industry which is used to describe the process of defect identification and resolution on buying off-plan properties.

The coronavirus crisis has seemingly not stopped the demand for home ownership in Spain.

From Monday 4th May, real estate agencies have been able to open their premises subject to prior appointment and give personalised attention to clients in Spain, as was established in phase 0 of the measures to lift the coronavirus confinement.

On buying off-plan property in Spain, it is normal to make a 30 to 40% down payment in instalments and the balance is paid at completion, before the notary. Regarding down payments, they are structured as regular stage payments made to your developer.

You may have heard the term ‘Licence of First Occupation’ (LFO, for short) before and wonder what the fuss is all about.

idealista has added a new search filter that allows the user to view only those listings that have a "virtual tour". These are listings that, in addition to photos, use the latest technological graphics that allow you to visit a property from the comfort of your own home.

This article is our follow-up to our recent article, Possession: why you should never hand over your house keys before completion – 12th March 2020. Congratulations, you finally bought a house in Spain and you are all giddy at the thought! It is an exciting moment for a buyer.

Aedas Live is being presented as the solution to overcome the mobility restrictions imposed by the government on citizens due to the coronavirus crisis.

Disclaimer: this post is of general interest only and is not to be construed or intended as substitute for professional legal advice. Seek legal counsel on your matter. You have fallen in love with a property in Spain and now it’s time to take the dip and sign the contract!

If you have managed to find the property you were looking for in Madrid, congratulations. However, keep in mind that the buying process can be frustrating in another country especially if you don't know the market or the specific laws in Spain that apply in this area.

1. Hire a conveyance lawyer Before paying a reservation deposit to an estate agent or developer (which are normally non-refundable), you should first hire a lawyer specialised in conveyancing.

The purchase of a holiday home may sound nice and glamorous, but you have to leave the fantasies aside to take on this purchase like any other property.

Although house sales in Spain have slowed down in recent months due to the new mortgage law and the general economic decline, the last quarter of the year is usually a good time to buy a home.

When buying a property in Spain, the mortgage is not the only large expense.

Buying the house of your dreams or selling your property is possibly one of the most important financial ventures of your life. At the moment there are several problems that arise not only because of lack of experience, but also because there are bureaucratic and sometimes complex processes.

Whether you’re moving to Spain and looking to buy or rent property, or you wish to sell your house in Spain, the process can be stressful and exhausting, especially if you don’t know the language very well and all the legal jargon that surrounds the real estate industry.

Due to the importance of the changes enacted last June on taking out a mortgage in Spain, we will briefly collate in bullet points all that’s new. The majority of these changes are pro-consumer, greatly benefitting borrowers in Spain. All changes effective as of Monday 17th June 2019. 1.

When you are buying or selling a home, friends and family members always have an opinion and want to offer helpful advice. But they can be more of a hindrance than a help, and the experts recommend ignoring them.

There has been an increase of 0.8% in the price of used housing in Spain in October 2018, standing at 1,726 euro per square metre, or 160 euro per square foot, according to the latest idealista real estate price index.

Summer is a great time to make some changes, one of which is often renting or buying a new home. If you're thinking of moving, here are a few pro tips to help you avoid all the stress and save yourself a bit of money.

Despite the fact that the vast majority of real estate agencies and intermediaries in the sector are serious professionals, there are some things that happen in the housing market that undermine good practice. Buying a home is often a person's most important investment in their lifetime, and that's

If you’re thinking of buying a house in Spain, you should first know that once the property has been transferred, the charges are also transferred.

Everyone knows how much of a headache buying a house can be, even if it’s your first time… especially if it’s your first time!