How To Buy Property In Spain: Complete Guide For Foreigners - Avoid Common Mistakes! | MumAbroad.com

Описание: Thinking of buying property in Spain? This video covers everything you need about the process and potential pitfalls. Learn how to get your NIE number, register as a taxpayer, and open a Spanish bank account. Please visit our website to get more information: https://mumabroad.com/

Discover the steps in making an offer, signing a reservation contract, and completing due diligence. Understand the costs, including taxes and fees, and what documents you need. Take advantage of our expert advice to ensure a smooth purchase.

What documents and certificates are needed when buying a property in Spain?
NIE
Tax registration
Spanish bank account
Proof of origin of funds
Check a new build with an architect
For a second-hand home check, the property registry extract

What is the arras contract?
In Spain, the "contrato de arras," known in English as a deposit contract or deposit agreement, is a contract that commits both parties to the sale. This contract requires a deposit indicating the buyer's intent to purchase, and it has specific clauses regarding the deposit if the sale falls through.

Should the buyer withdraw, they forfeit the deposit. On the other hand, if the seller withdraws, they normally have to return double the deposit amount.

What costs are involved when buying a property in Spain?
Purchase taxes (depends on which region of Spain you are buying in, but typically 6-11% of the purchase price)
Notary and property registry fees
Estate agent fees and commission (usually paid by the seller, but some agencies take commission from the buyer, too)

To find out more about their services, visit https://www.klevvera.com/

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✅Timestamps:

00:00 Introducing Klev & Vera
00:09 Can you buy a property in Spain as a foreigner?
00:58 What is the purchase process & how long does it usually take?
02:47 What costs are involved when purchasing a property?
03:55 What documents & certificates do you need when purchasing a property?
05:42 What are the pitfalls when buying property in Spain, and how can they be avoided?
07:22 Advice for anyone thinking of buying property.
08:20 How can Klev&Vera help?
09:26 Contact details

This video is about How To Buy Property In Spain: Complete Guide For Foreigners - Avoid Common Mistakes! But It also covers the following topics:

Spain Property Legal Advice
Spanish Bank Account For Property
Buying New Build Spain

Video Title: How To Buy Property In Spain: Complete Guide For Foreigners - Avoid Common Mistakes! | MumAbroad.com

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