Spanish Property purchase - The Spanish real estate business is totally
unregulated.
When buying Spanish property be aware that in spain anyone can set up as an estate agent and as a result many people unwittingly
find themselves caught up in a bad situation
The Spanish real estate business is totally unregulated, anyone can set up as an agent and as a result many people unwittingly
find themselves caught up in a bad situation.
Sometimes it's a misunderstanding due to
the different language, sometimes its sharp practice, often its simply a question of not knowing the
system.
The aim of this document is to help our clients buy a property in Spain, safely and without risk of being
cheated.
Property Conveyance - No Risk
Guarantee
Following this simple guide will ensure that you avoid the pitfalls and experiences of those you read about in the National
Press.
Step one.
Before you begin looking for a property try and establish your own criteria – criteria “Write it down!
It's so easy on a sunny day,with blue skies and a jug of Sangria to be persuaded by smart sales people, that you really want something totally
different.
- Having found a property you like and want to purchase proceed as
follows:
Do not sign, pay, or agree to anything!
- Price - Ask the vendor if the price is
negotiable.
- Take note of the size of the property, and the area of
the plot.
- Legal - Ask the vendor or the Agent if
he has a copy of the escritura for the property.
- If the property is being offered by an agent he should
also have a document authorising him to sell on the owners behalf - ask for a copy.
Complete the form below or ask the Agent to complete it for you (If he can't or wont cooperate then expect a
problem!)
Search and Survey will make preliminary checks and establish the identity of the true owner and if there are any mortgages,
liens or apparent encumberances on the property. We will also give an indication as to whether we consider the Price to be realistic. (This
valuation is a guide purely from a technical point of view, not having viewed the property.) Under normal circumstances
you should receive a reply within 24 hours (Weekdays)
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Property Purchase Protection Form
Prepared by Search & Survey SL exclusively for use by the person shown below.
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Fax this form:
96 583 1081
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Email this form:
services@searchandsurvey.com
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Tel this form:
96 587 4795
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Client Name
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Client Reg No
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Contact numbers in Spain
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PART 1.
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Preliminary Legal Search
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The information provided in this section allows us to investigate the legal ownership status of the property. Any
mortgages, embargo's, liens or apparent encumbrances registered against the property will be discovered
during this investigation. This check usually requires one working day to process.
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Property Details
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Owners Name
(if known)
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Address
(if known)
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Required Information
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*Finca Number
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Finca number details will be found in the escritura
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Required Information
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*Municipality
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Name of the town or local Authority
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Required Information
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*Asking Price
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PART 2.
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Preliminary Valuation Assessment (Technical)
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This assessment is based on Technical data coupled with limited Market data and is designed to give an indication
of a Probably Market Value. It will highlight any excessive Selling Price.
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Area of the Plot
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M2
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Total Living Area
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M2
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Excluding terracing, porches and garages.etc
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No. Bedrooms
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No. Bathrooms
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Swimming Pool
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Yes/No
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Year Built
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Nice Views
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Yes/No
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Year Built
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Condition
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VG/G/OK/Poor
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PART 3.
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Agent or Vendors Details
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It maybe necessary to contact the vendor to clarify aspects of the sale.
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Name
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Contact Tel
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Email
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PART 4.
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Payment Details
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Please charge my Credit card 50.00€ in respect of the above services.
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Card Number
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Expiry Date
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Card Type
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Use this form as a check list to ensure you obtain vital information prior to making an offer, signing a purchase agreement or
paying a deposit. If it is more convenient for you then please telephone the information to us.
The report should be ready in about 24 hours, in the event it proves positive and you decide to go forward with an offer,
then we will provide you with a Reserve Contract designed to protect you and your deposit should we discover something detrimental in
subsequent legal and planning searches.
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