BUYER’S GUIDE

1

PRELIMINARY STUDY OF THE OPERATION

  • BUDGET THE MONEY YOU WILL ALLOCATE FOR THE PURCHASE
  • PURCHASE METHOD OPTIONS
      • – With own resources.
        – With financing from the country of origin or Spain.

2

TYPE AND LOCATION OF THE HOUSE

  • CHARACTERISTICS OF YOUR NEW HOME IN SPAIN
  • QUALITY OF LIFE YOU ARE LOOKING FOR:
      – Environment
      – Communication
      – Services

3

ELECTION OF THE REAL ESTATE AGENT

  • SERVICES OFFERED BY OUR COMPANY:
      – Bilingual specialized agents
      – Manage your home selection
      – Technology at your service (Virtual tours and video chat conferences)
      – We help you plan your stay in Valencia
      – We accompany you to visit the chosen properties
      – Maximum purchase guarantee: Advice in your language of the legal and financial processes that are evaluated by reference bilingual law firms

4

TRIP PLANNING

  • ORGANIZE YOUR FLIGHT
  • LET US KNOW YOUR ARRIVAL IN VALENCIA: THE IDEAL DURATION TO PERFORM THE MANAGEMENT MAY BE 3 TO 4 DAYS
  • ONE OF OUR AGENTS WILL WAIT FOR YOU AT THE AIRPORT TO APPROACH YOU AT YOUR HOTEL

5

VISITS

  • VISIT THE SELECTED PROPERTIES

6

BANK ACCOUNT AND N.I.E

  • OUR COMPANY WILL HELP YOU IN THESE PROCEDURES THAT ARE FUNDAMENTAL FOR THE PURCHASE OF YOUR OUR HOUSING

7

CHOICE AND RESERVATION

  • WE CHOOSE THE PROPERTY WE WANT TO BUY
  • CONTRACT SIGNING / RESERVATION OF PURCHASE INTENTION
  • RESERVED BY BANK TRANSFER WITH APPROXIMATELY 10% OF THE PRICE OF THE SALE

8

WRITING AND KEYS

  • APPROXIMATE DEADLINE: BETWEEN 1 AND 2 MONTHS FROM THE SIGNING OF THE RESERVATION
  • PAYMENT OF THE SALE PRICE UNTIL COMPLETE 100%
  • PUBLIC WRITING SIGNATURE BEFORE NOTARY
  • LEGAL REGISTRY OF PROPERTY
  • DELIVERY OF KEYS TO YOUR HOME

9

EXPENSES AND TAXES

IMMEDIATE PURCHASE (APPROXIMATE VALUES):

  • EXPENSES OF THE SALE:
      – Notary (from 600 to 1,000 €)
      – Registration (from 400 to 650 €)
      – Agency (from € 300)
  • FINANCING EXPENSES (IF EXISTING) _CONSULT BANKING ENTITY
  • PROFESSIONAL FEES REAL ESTATE AGENCY (3% + VAT OF THE PURCHASE PRICE)
  • I.T.P .: ESTATE TRANSMISSION TAX (10% OF THE SALE PRICE)
      – Payment period: 30 business days from the date of writing

A.J.D.: TAX OF DOCUMENTED LEGAL ACTS (IF THERE IS A MORTGAGE) (1.5-2% AMOUNT OF THE AMOUNT OF THE LOAN).

ANNUAL TAXES

  • REAL ESTATE TAX (IBI)
  • INCOME TAX (ACCORDING TO CASES):
      • – For non-residents in Spain (IRNR)
        – For residents: personal income tax

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