Let the Spain Property
As we have detailed in our six steps, purchasing a property in Spain is no simple process. There is much to be considered, and many areas (such as legal and financial regulations) where it is important to consult the services of a trusted professional. The right information at the beginning of your process will set you on the right path to successfully and safely purchasing property in Spain, and will ensure you have the right expertise by your side on every step on the journey.
I just wanted to thank you for your help in buying my property in La Gomera on which I have recently completed. I used the Legal Group as you recommended and Smart Currency Exchange services as well. I felt more reassured having this support in the buying process.Marilyn L. Morris
The Golden Three
Through our many years of assisting people to buy their dream property in Spain, we have been able to identify three crucial steps for a successful and safe purchase – which we affectionately refer to as the ‘Golden Three’. These are the three key experts you will need on your side, particularly during that all-important viewing trip.
We have been able to identify three crucial steps for a successful and safe purchase –the ‘Golden Three’
The Spain Buying Guide’s Golden Three are:
A trusted estate agent
An expert currency specialist
An independent solicitor
Having these three experts on your side is critical to the success of your purchase, and choosing them at the earliest stage possible will ensure you have the right support and information available right from the start. This will also ensure you avoid the common property purchase pitfalls that people generally face during this process. In our decade of assisting our customers purchase property in Spain, we have been able to find the best in each of these industries and can put you in touch with the right one to suit you. To speak to the right estate agent, currency specialist and solicitor for you, make sure you contact the Spain Property Guide Resource Centre today.
Your trusted estate agent
You will have a lot of choice for estate agents in Spain, which can make the process slightly overwhelming – how do you know which one to choose? We recommend starting with online research into the area you are looking at to give you a narrowed down idea of what’s available to you. However, nothing will beat a personal recommendation or the ability to identify a tried and tested professional with a successful track record. You need an estate agent who knows and specialises in your chosen area in Spain, and can use this to match your requirements to the right properties – making the entire process much easier. Having the right estate agent will also ensure you have a trusted contact on the ground in Spain, who can answer any questions and address your concerns, will ensure you make the most of the time you spend on a viewing trip there.
Your currency specialist
If you are moving to Spain from the UK or buying a holiday home there, you will need to exchange your funds into euros and transfer them overseas to purchase your property. This will expose the value of your transfers to the ups and downs of exchange rates.
Smart Currency Exchange is the only UK currency specialist who focus specifically on the international property industry.
To do this safely we recommend using a currency specialist such as our trusted partners, Smart Currency Exchange. They are the only UK currency specialist that focus specifically on the international property industry. By signing up with them early in the buying process you can gain access to their expert knowledge before your viewing trip. You will be immediately allocated your own personal account manager, who will work with you to manage the risk associated with making currency transfers.
Your independent solicitor
The last, but by no means least, or our Golden Three is your independent solicitor who will guide you through the legal and financial transactions and potential pitfalls that could hinder the process. These are the areas that are most likely to hold back your purchase, especially given the differences in the purchase process between the UK and Spain. Finding an independent, impartial, English-speaking lawyer, with expert knowledge of the Spanish legal process and your chosen corner of the country, will be key to a smooth property purchase. They will also be able to help you with any issues that arise from purchasing your property – such as inheritance tax or planning issues.