Spanish Property Costa Blanca

	Spanish Property Sales


	SPR Services - General Overview
	Establishing the Criteria - How it works
	SPR Fee Structure
	Compare our Services
	Frequently Asked Questions
	Your Plans & Ideas
A Smarter way to buy Spanish Property

Why use a professional property finding service?

With so many Spanish estate agents and thousands of web pages advertising properties you may wonder why you need help finding a property. Well of course the answer is you can do it all yourself if you have the time and some knowledge of how the market in Spain works. However using a specialist expert to assist you finding a property has many, many advantages - apart from removing all the risks high on the list of these advantages are the huge savings achieved.
Remember, an estate agent has only one interest in mind and that is to sell you a property and earn his commission. To do this he has to somehow find purchasers - this is where SPR come in to the picture.

This is how our unique concept works:

Agents and vendors advertise their properties on the Spanish Property Register website, initially without charge.
Buyers looking for properties in Spain see the web site and engage us to help find a suitable property.
Once all the research and selection process is completed, we arrange for our clients to view the short list of properties between us we have agreed are the most interesting. (Usually this involves a number of different agents.) If a sale is reached then we charge the vendor or his selling agent a fee which includes payments

• For advertising the property.
• For introducing a buyer.
• For a contribution of 2,000€ towards the buyer’s conveyancing costs.

Everyone is happy!!
The seller is happy because he has made a sale.
The buyer is happy because he has 2,000€ from the agent towards his legal costs.

The table opposite list the processes involved in buying a property in Spain, from the very beginning, i.e. looking for a property to receiving the keys when its all signed sealed and delivered. It is important to understand that if we are involved in assisting you find the property at the start then we can charge the vendor an introduction fee, should you find the property without our involvement then you will be at least 2,000€ poorer.

Over 600 agents list their properties and collaborate with the Spanish Property Register - we know it makes sense for buyers to use our services also.

In the event you go directly to the agent, he will probably advise against a Structural Survey, it's also likely he will ask you to sign a contract and possibly use his recommended lawyer. DO NOT ACCEPT THIS ADVICE agents tend to work hand in glove with their own lawyers, and advice from an agents lawyer is seldom totally impartial.

Remember SPR can give impartial and independent help even if you have found a property independently. You can simply calculate the cost using the standard fees for individual services.

Please remember ALL services listed on the right are INCLUDED in the full 3,300€ package price but only when we introduce you to the vendor.

The Spanish Property conveyancing service.

What's involved and what does it cost.

There are several steps involved in purchasing a property in Spain which are different to those applied in the UK therefore you would be wise to seek professional advice: Do not be lead astray by sales people - professional advice means using independent legal advisers and NOT the estate agent who is selling you the property or a lawyer acting for him.

The Spanish Property Register are an INDEPENDENT team of professional specialists who are specifically engaged by purchasers and potential purchasers. We make no attempt to influence a sale because selling property is not our business. Our interests are strictly with protecting the interests of the buyer and not the Vendor or his selling agent.

	To purchase a property in Spain there are three essential processes
	1	Find a suitable property
	2	Carry out stringent checks
	3	Final Conveyancing

The table below shows the whole process with prices for individual services should you find a property without our assistance. Please remember ALL services listed below are INCLUDED in the full 3,300€ package price.

Property Finding Service
Standard fees		Summary of Services Provided
Free		1. Pre purchase preliminary telephone discussions, exchange emails and ideas to include a series of rating exercises to establish the criteria. You decide which of our services is best for your particular circumstances.
Free		2. Search for suitable properties & prepare a structured viewing itinerary. (Includes Virtual Tours)
Open account after this meeting & pay either 500€ or 300€		3. Pre Viewing Briefing - S & S presentation - examine selected properties and discuss programme, tactics, etc.
		4. Accompanied Viewing (In the event no suitable property is found process 2,3 & 4 will be repeated up to 3 times without extra charge.)
		5. Unaccompanied Viewing This may be necessary in certain circumstances. (In the event no suitable property is found process 2,3 & 5 will be repeated up to 3 times without extra charge.)
100€	Free with inclusive package	6. Fiscal registration (Nie Number). A legal requirement when buying in Spain.(One person)
50€	Free with inclusive package	7. Open a bank account - Establish preferential terms for money transfers, utility payments,etc.
50€	Free with inclusive package	8. Preliminary title searches. Establish the vendor is the registered owner and discover any liens or charges on the property.
20€	Free with inclusive package	9. Technical Valuation. Our surveyors will make a theoretical technical assessment of the property's value to establish a fair market price.
20€	Free with inclusive package	10. Price negotiations. Assist and advise to achieve the best deal from the Vendor (We are good at this!)
20€	Free with inclusive package	11. Offer to purchase. A formal written offer (Spanish & English) to ensure there is no doubt about the agreed price, our conditions and terms of completion, etc.
50€	Free with inclusive package	12. Reserve agreements. We prepare a contract with the vendor (Spanish & English) to take the property off the market for a period, until we have surveyed and investigated the property thoroughly. Usually involves a deposit paid to the vendor of about 3,000€.
Property Conveyancing Service
Standard fees		Summary of Services Provided
500€	Free with inclusive package	1. Preparation of a Private Contract. We prepare this document with your interests in mind, between Purchaser and Vendor Written in both Spanish and English it includes clauses relating to the formal public transfer of the property at the Notary at some future date. It also includes the circumstances when money paid by way of a deposit are to be refunded to the buyer.
550€	Free with inclusive package	2. Legal Searches, full investigation of the legal status of the property. A report is prepared (English & Spanish) with all supporting documentation, outlining any irregularities, etc.
550€	Free with inclusive package	3. Local and Regional authority searches. Here we investigate any planning issues.(land grab implications). Urban restrictions etc.
740€	Free with inclusive package	4. Official Valuation. This report provides an independent assessment of the value of the property from both a commercial and technical point of view. It is presented in Spanish with an official English translation.
1,200€	Free with inclusive package	5. Certified Structural Survey. This report gives a detailed explanation of any defects found in the property, and the implications of rectifying same. It includes photos of areas of concern. It is presented in Spanish with an official English translation.
450€	Free with inclusive package	6. General detail report. This report is a technical specification document describing all aspects of the property, plot and its potential for additional construction. It includes floor plans, etc. It is presented in Spanish with an official English translation.
200€	Free with inclusive package	7. Preparation of documentation for the Notary. This includes any rectifications to the escritura (property deeds)which may be necessary.
200€	Free with inclusive package	8. Attending Notary & Official Translations. The documents presented by the notary to the vendor and the purchaser have to be translated so that all concerned understand what they are signing. Only officially qualified translators are able to perform this.
150€	Free with inclusive package	9. Change Utility Contracts - Water, gas, electricity, telephone, etc. Ensure the previous owner has paid all outstanding bills including any property taxes or fines.,etc.
150€	Additional Services	10. Prepare Will - Its a good idea to have a Spanish Will when you acquire assets in Spain. This can be arranged if required.
150€	Additional Services	11. Power of attorney- It may be necessary to appoint someone to act on your behalf for example in the event you are unable to attend the Notary for conveyancing.
5,650€	inclusive package 3,300€	Total cost for services selected individually.

NB. All prices are subject to 16% Spanish vat (IVA)

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Spanish Property Sales

The Spanish Property conveyancing service.

What's involved and what does it cost.