Buying a Property in Spain

Purchasing a Country & Hunting Property in Spain

When buying a property in Spain you should always use the services of a specialized  Estate Agency right from the outset to protect your interests. We help you through all the steps to allow you to purchase with complete peace of mind.

The procedure of a property purchase is complex. There are many pitfalls to buying a property in Spain and the only way to avoid frustration, misunderstanding or even fraud is to secure the crucial services of an expert. At “Hunting Real Estate Spain” we support you to make this transaction the most smoothly as possible.

The most important requirements to be an owner of a property in Spain is having a Fiscal Identification Number (NIE), which must be requested to the Embassy of Spain of your country, and opening a Bank Account with a Spanish Bank for paying all including suppliers of the property (water, electricity, telephone, community rates,etc).

There are several Taxes to be paid for the transaction:

• VAT 10% for the purchase of new property.
• Transfer Tax 7% on the purchase price for second hand property.
• Notary Escritura and Register.
• Real estate tax (IBI), Deed Income Tax and Wealth Tax.
• Notary fees,
• Land Registry fees.

Steps and recommendations when buying a Property in Spain

The first step is to decide on which area you would prefer to buy your property in Spain. If you don’t know about Spain, or the Hunting and Country Property market, it is important to contact a knowledgeable and friendly agency and don’t be tempted to “go it alone” as you will need expert advice. Don’t put your money at risk!

Raúl Crespo de Evan is the first point of contact for the clients and will accompanies you during all the process. He has an impressive knowledge on the country and sporting estate in Spain and will support you in making a good investment.

Prior to your visit it is important to understand your requirements and wishes in order to selected the correct property for you and have a better use of your time during your visit in Spain.

When you have found the property you want! It is time to make sure that the necessary legal issues are covered and commission a local, independent Estate Agency to look after your interests. Our lawyer specialist will support you during this process.