+32 478 302 770 (Sofie)

sofie@obrenorealestate.com

The Purchasing Process

Determining your housing needs and budget :

  • Are you looking for a home on the coast or more inland or in a village?
  • Are you looking for an investment property, a holiday home or a permanent residence?
  • What type of house are you looking for? An apartment, a villa, a terraced house…
  • Do you want a new construction project or an existing property? 
  • What budget do you want to spend? You must of course take into account the following purchase costs: for existing homes, approximately 11% of the purchase price (transfer tax, notary and lawyer's fees and registration costs). For new construction projects, the purchase costs are approximately 2 to 3% higher.

Search and select properties

  • On our website you can find a limited selection of available real estate
  • However, we have access to a complete real estate offer through a network of reliable partners.
  • Do you have specific wishes? We will search for properties that meet your criteria.
  • The more information we receive about your wishes, the more targeted we can search
  • At obreno real estate you have 1 contact person who advises and guides you in the search, purchase and follow-up of your real estate on the costa blanca.

Viewings

  • When we have made a selection of properties together based on your wishes, we can plan a viewing trip for you.
  • We arrange everything in advance so that you can make maximum use of your time for the search for your dream home
  • This is the ideal way to view the selected properties on site, soak up the local atmosphere and get to know the region better.

You proceed to purchase

  • You have found your dream property, and there is a price agreement with the seller or builder.
  • Since properties can be listed for sale by different estate agents, the first step is to reserve the property so that it is taken off the market. An advance is paid (between 2500-6000 euros)
  • The lawyer will be notified and will provide all necessary documents and papers. The lawyer can also provide a NIE number, open a Spanish bank account in your name because these are necessary to be able to purchase a property in Spain. He also ensures that water and electricity are put in your name and can also arrange the insurance of your home.
  • If desired, you can give a power of attorney to the lawyer for all steps of the purchase process so that you do not have to do all the administrative work yourself and do not have to travel to Spain each time to sign the documents. This power of attorney can be drawn up in Spain, but can also be done from your home country (much more expensive and complex)
  • Once all necessary documents have been approved, the final purchase contract can be concluded
  • The signing of the notarial deed takes place at the notary within 3 months after reservation (for existing home)
  • You then pay the amount due at the notary
  • The title deed (escritura) will then be signed by you, the seller and the notary and you will receive the keys to the property.
  • If you are not present, the lawyer who has given you a power of attorney will sign for you. Later, when you are in Spain, you can collect the escritura and the keys at his office.

 

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