Find Your Spanish Property at Almeria House Hunter

Buying Your Home In Spain

It all seems so confusing when you first arrive here. The language for one, and then the laws. They're so different from what you're used to. Here is some helpful advice.

If you're going to buy a home in Spain, the first thing you need to do is to open a Bank Account and have approximately ten percent deposit available. That's what you need to secure a property once you find it. You don't want to loose it, so have your deposit at hand. Only pay this in front of a lawyer upon signing a contract with the sellers. You will also need approx. 500 Euros to pay half of the lawyer's fees at this stage. Some sellers will accept a holding deposit of 3,000 Euros. This can be paid direct to the owner, agent or builder upon both parties signing a contract (Compra-Venta).

Are you ready to buy?

Do you have a Bank Account in Spain?

Do you have your deposit and half the lawyer's fees in Spain?

Do you have the rest of the funds available, or do you have a house to sell?

Do you need a mortgage?

Help from the House Hunter

We can help you find accommodation in the area while you are looking for your home or waiting for your house to be built.

We can help you choose a Bank where you can open an account, and where they speak English.

We can help you find an English-speaking lawyer to ease you painlessley through the legalities. He or she will arrange for your N.I.E. (foreigners identity number) and can make your wills - advisable when you own your own property in Spain.

We will try to answer all your questions and any concerns you have over the purchase.

And when you have bought your house we can help and advise you how to get your services connected, where to buy building materials, furniture etc.

A guide to procedure

Normal procedure is that once you find a house, you pay a ten percent deposit and the rest on completion, approximately 90 days later. Sometimes the sellers will accept a holding deposit of  3,000 euros.

With new, off-plan builds this is slightly different. Normally a holding deposit is payable and then an agreement is made to make a series of stage payments to suit both parties. Most builders are fairly flexible on this.

If you are buying a new build which is finished or virtually finished, then you will pay a 10% deposit and the rest on completion, normally within 90 days.