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Azahar Properties > Intel > Dos & Don'ts about buying property in Spain

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Dos & Don'ts about buying property in Spain


DOs

Always use a reputable agent, preferably a well established AIPP
registered company.

The AIPP has been set up to guide and to regulate the international
property market and to provide quality assurance to consumers. Azahar
Properties have signed up to follow all aspects of the AIPP Code of
Conduct. The work of the AIPP and that of its Members will improve the
quality of the service and product delivered to the consumer when buying
property overseas. It is a non-profit organisation.

When you see that a company is a Member, it means:

A company has been vetted and approved
A company has submitted to industry standard training
A company has agreed to follow the AIPP Code of Conduct,
one established to help and reassure you, the buyer,
by ensuring Members follow professional guidelines.
Always use an agent local to the area, you are looking to buy in. Azahar
Properties are based in Valencia and we have lived and worked here for
many years. We have grown to know the trusted companies here and we are
familiar with all of the towns that make up the large and beautiful
province that is Valencia.

Always aim to view a property twice before you decide to make your
chosen purchase and feel free to ask as many questions as you want to
the agent and the vendors.

Always use a local lawyer. We have access to many well establish trusted
Spanish lawyers, all who speak English.

DON’Ts

Do not try to hold back too much information from the agent. Appreciate
they are there to consult with you with the aim of finding the correct
property to suit your needs. The more help you give them in explaining
your requirements, the better choice of properties you will have and the
more rewarding your viewings will be.

Do not try to cut corners, you would always use a lawyer in the U.K. and
in almost all other countries around the World. Therefore you should
ALWAYS use a lawyer here in Spain to act in the conveyancing of your
chosen property. Do not listen to anyone who tries to tell you otherwise.

Never part with any money until a contract has been drawn up between the
buyers and the sellers. All contracts must be in Spanish to be legal
here in Spain, with an exact translation into English for people who do
not speak Spanish also within the contract. The contract will outline
how the deposit must be paid and will have clear instructions how the
sale/purchase will be conducted, under Spanish law.

Never use an agent who does not provide a trusted after sales service.
Azahar Properties have a good reputation for helping all our clients
with many aspects and we appreciate that buying your property is not the
end of our service, keeping you happy in your property is our long term
goal and having a contact here is priceless.

Happy house hunting!

Simon Creed
Azahar Properties
www.azaharproperties.com


Contributor's Note

For a wide choice of properties available throughout Valencia and Murcia contact Azahar Properties
Telephone: 0034 962129633
Or Visit our website: www.azaharproperties.com

Contributed by Azahar Properties on September 4, 2008, at 1:34 PM UTC.

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This is great advice, thanks for sharing it. My additional advice would be to rent for a while in Spain before you buy, to allow you to get the feel of the place first. Then you can go ahead with more confidence. I know several people who purchased on the Costa del Sol, but later found their house value bombed out by factors like the credit crunch and also the unlooked-for stagnation of the local Costa economy.

Robert Paterson Sep 5, 2008 08:00

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