Question: Which regions of Spain do you cover?
Answer:
We represent properties in every area of Spain, but primarily:
Andalusia, Southern Spain known for such cities as Malaga, Marbella, Seville, Cadiz and Tarifa
Extremadura, South Western Spain bordering Portugal and known for Black Iberian Pigs and what many consider to be the best ham in the world.
Catalunya (Catalonia) North Eastern Spain, the most visited area of Spain known for its Catalan Language, Barcelona, Girona, Taragona, Costa Brava and its proximity to Andorra and France
Priorat is a Denominació d’Origen Qualificada (DOQ) in Catalunya (Catalonia). It is one of only two wine regions in Spain to qualify as DOCa, the highest qualification level for a wine region according to Spanish wine regulations. Priorat is the Catalan spelling, which is the one usually appearing on wine labels, while the Castillian (Spanish) spelling is Priorato.
Ribera del Duero is a Spanish Denominación de Origen (DO) located in Spain’s northern plateau and is one of eleven ‘quality wine’ regions within the autonomous community of Castile and León. Ribera del Duero was named Wine Region of the Year 2012 by the prestigious Wine Enthusiast Magazine.
Castile (Spanish: Castilla, generally considered to mean the land of Castles) is a Spanish historical region, which was once the Kingdom of Castile and later the Kingdom of Spain. Today it is considered to comprise a part of Castile and León in the north-west, and Castile–La Mancha and Madrid in the centre and the central-south- west of Spain.
Question: Which regions do you recommend?
Answer:
Andalusia and Extremadura
Question: Property Types?
Answer:
Hunting & Sporting Estate – For enthusiast of wild game and bird hunting and fishing with properties suitable for private ownership, club/association or hotel
Boutique Hotels – Interesting Hotels and Residences that are either existing boutique hotels or can easily be transformed into Boutique Hotels
Castles & Palaces – With over 2500 castles and palaces still standing in Spain
Country Homes
Equestrian Estates
Exclusive Private Communities for horse and wine enthusiasts
Farms, Olive Groves & Vineyards
Hunting Estates
Luxury Country Homes
Quirky & Unusual Properties that may include medieval and ancient ruins, abandoned villages, experimental architecture and more
Sevilla Old Town – Antique and Unique apartments and houses in the historic section of Seville
Question: Are non-Spanish and non-EU citizens allowed to purchase real estate in Spain?
Answer:
Yes
Question: What are the average costs of purchase (closing costs)?
Answer:
10 – 15%
Question: Do I need a Spanish Real Estate attorney?
Answer:
It is recommended even though the notary is often able to provide the necessary services
Question: Are non-Spanish and non-EU citizens able to obtain a mortgage in Spain?
Answer:
Yes, usually up to 60%
Question: What is the procedure when purchasing a property in Spain?
Answer:
Very simple.
Choose an attorney (not obligatory)
Enter in to Arras, which is a private contract for the initial down payment of 10% and in that document you agree to a completion date at the notary for the signing and final payment (ca. 4 weeks).
Question: How long from decision to ownership?
Answer:
Two months or less (usually)
Question: Do I need to be registered in Spain to purchase real estate in Spain?
Answer:
Yes, you need a TAX IDENTIFICATION NUMBER, which in Spain is called your NIE (Número de Identidad de Extranjero – Identification Number for Foreigners).
Question: What are the legal and tax implications of purchasing real estate in Spain?
Answer:
All that is needed is payment of the property tax (IBI) and receipt of the deed (Escritura).
IBI (Impuesto sobre bienes inmuebles urbana / rustica – Annual Property Tax) is a tax that is payable by the owners of all Spanish properties – regardless of their residential status. It is calculated locally and normally lies somewhere between 0,5% and 1,5% of the documented value of the property.