La Marina Urbanisation Apartments for Sale

La Marina Urbanisation Apartments for Sale

Procedures that you must carry out when you buy housing in Spain if you are a foreigner

The economic recovery of Spain has made it possible for buyers from other countries such as the United Kingdom, Belgium, Holland or Norway to have their eyes fixed on the houses on the Mediterranean coast.

Buying a property in Spain if you are a foreigner has its peculiarities, although in all places the steps to follow are usually similar, the exact protocols and documentation change from country to country. In this post we summarize some paperwork that you can not forget if you buy housing in Spain.

Issue the NIE.

The NIE is the so-called foreign identity number, a code that facilitates the identification of non-nationals in Spain. It is an essential requirement to carry out any economic transaction. You must request it in the General Directorate of the Police, it is also possible to carry out this bureaucratic process outside Spain through the Consulate.

Open an account in a bank in Spain.

A Spanish bank account greatly facilitates the payment of taxes and payments associated with the acquisition of the home: VAT in new homes or ITP in second hand homes, notary fees, registration fees etc. It is not a legal requirement, but it will avoid problems and headaches.

Knowledge of the stages of the purchase process.

Probably the most difficult for a person from another country who wants to buy a home in Spain is to know precisely all the procedures associated with the sale: legal framework, rights and duties as owner, real estate appraisal, requirements for financing, Mortgages etc...

If we add to the language barrier, any simple procedure can become long, tedious and difficult.

Therefore it is advisable to use professional experts in the sale of housing for foreigners, capable of carrying out all the procedures required by this process, including in their efforts, translation service in the required language. Thus, the customer can be free from all types of management, enjoying a transparent, easy and convenient purchase process.

Smart Properties helps you buy in La Marina Urbanisation apartments for sale.

To start the search for your Spanish dream home, feel free to look through our property listings, save your selection and contact us by email or by phone with any questions you may have and we will be glad to assist you.