Buying Property in Spain Part 2
The Complications of Buying Property in Spain through other less professional companies.
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Costa Del Sol Property Group can help you as we have over 29,000
properties on our books and have the whole coast covered.
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Why is this a Problem?
This can become a problem because there are times when
agents have refused to allow someone to view a shared property because they
appear to be a client with several agents and thus any sales commission would
be spread apart too much. You might not know this is the situation as a buyer
but it becomes frustrating for an agent. It also means that you don’t receive
the service that you should. Our recommended property finder will help you
avoid this problem entirely.
How we Guide you Through the Maze of Spanish Property Purchases
When you register with the Costa del Sol Property Group we
make sure to connect you with a professional property finder who can help you
find the right property for you. They will be your representative and ensure
that you get only the highest quality of service at all parts of the purchasing
process.
They have a trained and dedicated customer service team that
will be able to help you find the right property and assist you in any way
should an issue come up.
The following information will help you deal with some of
these potential issues so that you can make the purchasing process as pain-free
as possible when purchasing property in Spain.
Tips and Tricks for Purchasing Spanish Property
1.
Don’t be surprised if the first properties you
are shown are bad properties or properties that are well out of your price
range or don’t meet your needs. This is a common tactic employed by Spanish and
foreign real estates to soften you up ready for the house they really want to
sell you which will be the last property they show you that day. Work with your
property finder to prepare a shortlist of properties before starting the day.
2.
Don’t believe the seller or agent when they tell
you that someone else has also shown interest in the property and will be
placing a deposit.
3.
Have your deposit ready to go so that you can
secure a property at short notice. Having this cash deposit in hand before
entering the negotiations makes it a powerful negotiation tool. It also shows
the seller that you are committing to purchasing a property and are able to
purchase their property. As long as you’ve also got a good lawyer this deposit
is completely refundable if the property doesn’t have the right licenses and
paperwork.
4.
It’s perfectly fine to sleep on the decision.
The property will almost always be there waiting for you the next day no matter
what the agent tells you. Making a phone call first thing in the morning and
dropping of the deposit is enough to secure the place for you. Even so you need
to work with your agent and communicate clearly with them.
5.
If the property has just been painted then take
a look for cracks and water damage. Spanish sellers aren’t in the habit of
presenting a property for sale. This fresh coat of paint is usually hiding
something really bad. At least you aren’t likely to come across a piece of
wallpaper hiding a huge crack.
6.
Visit the house again when you’re on your own so
that you can see the property at a time the agent doesn’t specifically want you
to. You might find that there’s something near the property the agent was able
to work around like bad traffic or an industrial zone. It could also make you
want the property more as you take a look at the beautiful sunset from the
terrace of what may become your peaceful new property in the sun(set).
