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The Guide to Spain
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Buying a Business in Spain?
Search for a town in Spain?
The Buying Process in 10 easy steps.....
1. Find the right property
2. Agree the purchase price
3. Pay a reservation fee to secure the property
4. Employ the services of an English-speaking Spanish lawyer
5. Open a Spanish bank account
6. Arrange a mortgage with the chosen Spanish bank (if
required)
7. Agree a completion date with the vendor
8. Pay a 10% deposit upon signing a private contract with the
vendor
9. Make travel arrangements to be in Spain for the day of
completion OR give power of attorney to the Spanish lawyer
10. On the day of completion - sign the title deed in front of a
Notaria, paying the remaining balance of the agreed asking
price OR if your lawyer has power of attorney wait for the call
to confirm the property is now yours
Always make sure you have your finances in place before proceeding.