利用者:RembertLaney431
The British Embassy in Spain has asserted there are other British people living in Spain compared to every other country, apart from Britain itself. They estimate that there are approximately 300,000 British ex-pats living on the South of spain alone. They said that it's hard to be accurate as the population changes using the seasons and with local economic conditions. What's certain is that the Costa in general and Marbella particularly are very popular British venues.
Let's assume that a possible British buyer is considering property purchase vacation, what should they look out for?
· Get independent advice. These advisors include the property agent, the lending company and also the lawyer. This type of person vital to the smooth running of the purchase whilst many horror stories are told, most purchases run very smoothly with no problems. Where problems have arisen they can usually be traced back to poor or biased advice receiving.
· When the actual sale continues to be agreed, get an NIE number. This registration for foreigners vacation is necessary to buy the property and pay the appropriate taxes. It's also required to open a bank account and buy an automobile.
· It's your lawyer's job to check, but you must ensure that the property has been properly registered. It's quite common where older properties happen to be extended that the Spanish land registry wasn't properly notified. When you come to obtain a mortgage the financial institution will either refuse the borrowed funds altogether or offer a reduced amount. If you believe that the property continues to be extended, ensure that the registration reflects that. This mostly applies to rural properties to not run into this in towns for example Marbella, but bear in mind and appearance.
· Make sure that it's your vendor's name on the registration. Again, your lawyer should check this, but so should you. You can obtain a nota simple in the land registry simply to make certain.
· Make sure that there are no taxes outstanding on the property. In Spain, it's the owner of the property that's responsible for the equivalent of Council Tax. When the previous owner has not paid it, you will be liable. This can be a particularly important point if you're buying a repossessed property. To make matters slightly more complicated, the tax records are not kept at the land registry. Your lawyer will most likely check. Just be sure you know the true situation.
· Make sure that there aren't any sitting tenants. In Spain a tenant is perfectly entitled to stay in his rented property until the agreement expires and there is no way that you can evict him, apart from if he infringes the tenancy agreement, like not paying the rent. You ought to be particularly careful of the if you are purchasing a repossessed property. Your agent can assist you with this but when you're buying from a bank, be very careful indeed.
· If you're buying a unit inside a community, ask your agent for any copy from the Community Statutes and Internal Community Rules. You have to be fully conscious of your rights and responsibilities as an owner in addition to knowing what the running costs of the community are.
· Finally, after completion ensure your name is properly mentioned within the property registration. This can take up to 8 weeks as well as longer if your financial loan is involved. Your bank is usually responsible for registering the mortgage, buy keep checking before you are sure that the registration is correct.
The overall advice about buying Spanish property is always the same. Get independent advice from people who you trust. Don't rush into not be reasonable and get on with things. Otherwise your advisors might think individuals as a dreamer and time waster.