What is a notary ?

A notary formalizes sale of a property; they check that title deeds and purchase are in order before final payment is made, and purchase document signed. The notary will then fax a copy of purchase document to local land registry office, and final registration of documentation normally takes around 2 months.

What if I change my mind ?

You are committed by signing of private purchase contract, and if you choose not to complete transaction you will lose your 10%. If you have not reached this stage of purchase all you will lose is your deposit.

What are community fees ?

Community fees generally apply to properties that share benefits e.g. community swimming pool(s), general maintenance, gardening and security. These fees are set by a president and committee who are voted in at an AGM (Annual General Meeting) every year.

Is it easy to open a bank account in Spain ?

This can be arranged by you or your lawyer, and is very straight forward. Normally all that is required is a passport and a small deposit to account.

Are properties freehold ?

Yes they are.

Who pays your commission ?

The vendor pays our commission; you buyer pay no fees or commission.

Are there any additional fees to pay like stamp duty in UK ?

Yes there are; as a rule you should allow an additional 10% on top of purchase price, to cover fees including lawyers, notary, property registration and transfer tax.