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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.


  1. Having found a property you like and want to purchase proceed as follows:

Do not sign, pay, or agree to anything!


  1. Price - Ask the vendor if the price is negotiable.
  2. Take note of the size of the property, and the area of the plot.
  3. Legal - Ask the vendor or the Agent if he has a copy of the escritura for the property.
  4. 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.

 

 

 

Fax this form:

96 583 1081

Email this form:

services@searchandsurvey.com

 

Tel this form:

96 587 4795

Client Name

 

 

Client Reg No

 

 

Contact numbers in Spain

 

 

 

PART 1.

Preliminary Legal Search

 

 

 

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.

 

 

 

 

 

 

 

Property Details

 

 

 

 

Owners Name

(if known)

 

 

Address

(if known)

 

Required Information

*Finca Number

 

Finca number details will be found in the escritura

Required Information

*Municipality

 

Name of the town or local Authority

Required Information

*Asking Price

 

 

 

 

 

 

 

 

PART 2.

Preliminary Valuation Assessment (Technical)

 

 

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.

 

 

Area of the Plot

                 M2

 

 

 

Total Living Area

                 M2

Excluding terracing, porches and garages.etc

 

 

No. Bedrooms

 

 

 

 

No. Bathrooms

 

 

 

 

Swimming Pool

    Yes/No

 

 

 

Year Built

 

 

 

 

Nice Views

     Yes/No

 

 

 

Year Built

 

 

 

 

Condition

VG/G/OK/Poor

 

 

 

 

 

 

 

PART 3.

Agent or Vendors Details

 

 

It maybe necessary to contact the vendor to clarify aspects of the sale.

 

 

Name

 

 

Contact Tel

 

Email

PART 4.

Payment Details

 

Please charge my Credit card 50.00€ in respect of the above services.

 

Card Number

 

 

Expiry Date

 

Card Type

 



 

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.