Almost everyone is now aware of the reputation of Spain as a place where dangerous, property to buy. In fact, almost every week, a title appears highlighted in the international press another scandal involving the Spanish property. Over and over again to describe the stories, which bought the suffering of the people, the property in Spain, to discover with horror that their characteristics have problems potentially ruinous. Some of these properties are not completely legal or have significant obligations, while others the loss of a mandatory part of their country risk or in the worst case – a possible demolition. Just to move someone to Spain, to change their minds.
So it is really safe to buy a property in Spain?
Well, the honest answer to that question is not a qualified majority – is. Not if you know what you do and do not – especially if you are attentive and know the “rules of the game.
The problem is that most people who buy a property in Spain think of doing so careless naively, that the Spanish real estate industry works the same way as in the United Kingdom. It does not work. Not at all! In fact, the understanding of this point in its raw and brutal, essential if you want to buy a property in Spain, is a buy safe and sound – both in terms of legitimacy and investment.
Of course, if you permanently move to Spain and want to buy a property in Spain, and the stakes could not be higher. In fact, if you make a mistake, can it be that cost you save the life, you turn a dream into a nightmare and all you have to risk hard to be developed over many years for. All this is not necessary – if you have the right knowledge.
After seven years in Spain (including many working in homes), I think I saw one way or another, most of the problems and fraud in the Spanish property. Unfortunately, half the problems of real estate in Spain, by the nature of the Spanish property sector and half of the buyers of real estate itself – which are often exploited and act like “caused lambs to the slaughter.
Obviously, there are guidelines for the purchase of Spanish property safely. Some of the most important:
1st Know the difference between “Urbanizado, Every Urbanizado” and “rural”. To understand those terms in Spanish property is not necessarily the “Rocket Science” – but it is so important that you should not search for real estate in Spain, before you know what they mean, and their very serious and different consequences.
2nd While the Spanish property should a Licencia de Primera Ocupación or first use permit (sometimes referred to as “Certificado de Habitacion” or “cedula”). If not buy it – not.
3rd Only buy a flat, easy to sell to buy – so willing to compromise what you, if it means a property for resale want. Of course (!), Knowledge (objective), what is or is not re-sellable. The guidelines are available and they are very important …
4th Never confuse “bargain price” with a sound buy. The two are not necessarily the same thing! This also applies to a property boom as a crash.
5th Never accept the existence of a property in Spain as evidence of the legality – even if it is a long time. The property can still illegal, semi-legal or have a huge potential liabilities.
6th Be extremely careful when buying a Spanish property that is less than 100 meters from the highest point, can be reached by the sea in a violent storm.
Seventh Always use a Spanish lawyer for your transfer of ownership:
a. Is completely independent of the seller and a real estate agent.
b. A specialist in the transfer of ownership.
C. Completely fluent in your language.
d. Fully insured and properly.
e. Prepared (Yes!) Place all the tips for writing.
8th Always use a qualified, fully insured, experienced expert, to survey your property – even if it involves the use of a country ex-pat. (Specialized investigative work on Good Spanish surveyor of the house are very hard to find).
9th Never pay all black “money for a property in Spain – ie species that do not appear on the Escritura (shares) in the total purchase price of the property.
10th Never pressure, never rush and always in control of what you said – and maintain a written record if you have any doubts about the truth of certain matters.
Follow the above and you’ll be well on your way to one of his property purchase in Spain. Break the rules “and to act without the knowledge and you will almost certainly regret it!
In conclusion, I want you to move to Spain and buying property in Spain secure. We – and our property was a wise choice at all levels. Even now, in the midst of a massive real estate crash, it is easily re-sellable and has retained much of its value. We knew what we were doing and that the transition to Spain to buy property is a business requires serious preparation and planning – do not end in disaster if …
