Buying your new home overseas may seem a little daunting, but on the Costa del Sol
it is hassle free, easy, and your money is secure.
The Costa del Sol is an established destination for British people to buy their holiday homes. Therefore, the process is tailored to your needs and everybody from the Developer to the Lawyer speaks perfect English. All new developments come with a bank or insurance money back guarantee plus interest.
We are with you every step of the way, and can help with everything from financing to furnishing, and discounted flights to rental income.
Once you have found your perfect home you simply secure it with a reservation deposit of between 3,000 to 6,000 euros, this payment can usually be made by credit card. We will then introduce you to an English-speaking lawyer, or you may choose to use your own. Lawyers normally charge 1% of the purchase price and in most cases it is not payable until you complete your purchase.
You will then have a period of up to 30 days to pay the balance of your deposit. This is likely to be 30% of the purchase price less your reservation deposit. We can introduce you to a UK based independent financial advisor who can help you with any financing help you may need. At this point you have exchanged contracts.
Prior to completion you will visit your new home and will have the chance to inspect it and point out anything that you may not be entirely happy with. Once this has been rectified to your satisfaction the title deeds can be signed.
Property on the Costa del Sol usually comes with an agreed mortgage for the balance, you have the option of taking this mortgage, arranging your own either in the UK or in Spain or paying the balance yourself. Once again we can recommend a UK based independent financial advisor to help you with your decision.
Finally, on the day set for completion, we will take you to the Notary, with your Lawyer, to sign the title deeds. You will then be handed the keys and your new home in the sun is now yours to enjoy.
After completion we will help you to set up your utility bill payments through a local bank direct debit system.
©2004-2008 OwnersAbroadUK.com + Our disclaimer applies + Produced by AES Ltd
