Helping hand for expats looking to purchase property in Spain is launched

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TWENTY CHAPTERS: Everything is covered, from paperwork to getting a mortgage.

SINCE the recession hit Spain, people from overseas have made up an important part of property purchasers and the Spanish Registrars Association has decided to lend them a helping hand with a guide in English.

Drawn up in collaboration with the Royal Institution of Chartered Surveyors and the Association of International Property Professionals, the Guide to Buying Property in Spain has been launched to do just that.

The guide, which can be downloaded for free from http://www.registradores.org/wp-content/revista/otros/guideAIpp/ follows the adventures of a British couple who have decided to buy a retirement home in Spain.

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Twenty chapters on everything from hunting for the ideal Spanish home to paperwork, getting a mortgage or registering at the Property Registry are covered by the guide, with useful tips and warnings provided.

There are also appendices focusing on how to gain access to records regarding property, the costs involved in buying in Spain and useful links






1 COMMENT

  1. A glossy guide which overlooks a significant failing in the reliability of the Spanish Land Registry.

    In May 2015 homeowners associations from across Spain failed in their bid to persuade the Spanish Senate to vote in favour of an amendment to the law regulating the Land Registry aimed at protecting buyers who purchase a house with a clean bill of health from a Land Registry Search (Nota Simple) only to find that the property has planning issues or even a demolition order.

    Current jurisprudence guarantees the reliability of the Land Registry EXCEPT when it fails to record planning infractions.

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