How do I list my property with First Choice Spain?
At First Choice Spain we want every client to have a stress-free experience. Therefore we have made the process of listing a property with us very easy. Get in touch with us and one of our experienced agents will guide you through it. To begin the process today call +34 711 056 490 or send us an e-mail at info@firstchoicespain.com and we will get back to you straight away.
Do you use a professional photographer to take pictures of my property?
If it is in the client’s best interest then we will provide a professional photographer to take photos of the property. We regularly work with experienced property photographers who are experts in their field and endeavor to ensure all clients properties look at their best. A photographer’s appointment can be booked through First Choice Spain so please get in touch.
How much is my home in Spain worth?
There are many factors involved in determining the value of a property. These range from location, property size, property age and a building’s history. The distance to amenities, such as supermarkets, restaurants, gyms or the beach are also taken into account as well as the standard and proximity of local schools. Before moving forward with any property sale, it is important to obtain an expert valuation in order to establish the optimum sale price. At First Choice Spain we offer a free expert valuation service to assist our clients decide how much their property is worth.
Why do I need an agent to sell my property in Spain?
The process of selling a house in Spain can be very daunting which is why the majority of home owners appoint an agent to deal with their property sale. Appointing an agent gives the seller peace of mind as they benefit from expert advice and receive valuable help with marketing their property. An agent also deals with potential buyers, making the sale process less stressful for the seller. First Choice Spain can help you every step of the way so get in touch with one of our agents.
Can I obtain a mortgage in Spain?
There is a wide range of mortgages available in Spain offered by banks or through mortgage brokers. It is important to research the market to find the best possible deal. Most of the mortgages on offer are variable-rate but you can also find fixed-rate or interest-only mortgages and the typical length of a Spanish mortgage is 20-25 years. Using a broker is the easiest way to access all the mortgage options available to a buyer.
Are there any other costs on top of the property price?
There are additional costs on top of the property price which generally vary between 10 to 11% of the purchase price.
The biggest expense you will face when buying a property is the Transfer Tax, which is about 7% of the purchase price but only affects resale properties. An additional 4% of the sale price will also be set aside to cover legal costs and advice such as notary and land registry fees.
Do I need a lawyer to buy a property in Spain?
There is no obligation to solicit the services of a lawyer when buying a property in Spain. However, we strongly recommend using a qualified lawyer who specializes in property law to advise you and to take care of the paperwork. Using a lawyer should avoid any complications post sale and gives the buyer peace of mind.
How long does buying a property in Spain take?
The time frame for buying in Spain depends on the specific conditions of your purchase but it usually takes between four to 10 weeks from acceptance of the offer to completing the transaction. However the buying process can be as quick as two weeks if the sale is straightforward and the buyer doesn’t need financing. If the buyer needs to take out a mortgage then the usual time frame is between six to eight weeks.
Why buy a property in Spain?
There are many reasons why buying a property in Spain could be the right decision for you. Here are just a few reasons:
- Good weather: The Costa del Sol enjoys around 320 days of sunshine a year
- Cost of living: There is no two-ways about it, you get more for your money in Spain. Be it food, clothes or property, your money goes further. Not only can you get more property for your money but the cost of living is significantly cheaper
- Close to home: For British and Irish expats on the Costa del Sol, a trip home is just 2 and a half hours away from Malaga or Gibraltar airports. There are several flights a day at reasonable prices. Indeed, Malaga airport has become an international hub with flights to most European destinations available every day
- Quality of life: The good weather, the Mediterranean diet and a relaxed pace of life culminate to provide a quality of life missing from other countries