4 EASY STEPS TO BUYING YOUR NEW SPANISH HOME
Most Buyers aren’t aware of the Multi Listing Service that operates here in Spain, in simple terms when a seller lists a property for sale the details of the property are shared with thousands of agents, this gives the seller maximum exposure to buyers, it also makes it easier for buyers as they can see all the properties they desire with just one agency. No need to be explaining your budget or requirements to a number of different agents, just find the right agent and you can see all the properties with them.
Step 1: Choose Avocado to help find your new dream property!
Choose a location and be the first to see new listings as soon as they become available.
Once we have your requirements and budget, we will Send any new listings before advertising them for all to see.
Step 2: See something you like!
Book your viewings online instantly 24/7.
Avocado will organise your viewing and suggest similar properties that fit your criteria.
Step 3: Visit & View your chosen properties
Negotiate a deal directly with the sellers or we’ll be happy to negotiate on your behalf, either way you’ll be ahead of the game with our online technology.
Step 4: Use a Good Lawyer!
When you find the right property, you will need to pay a refundable reservation deposit with your lawyer, this will remove it from the market whilst we negotiate the best price. This also shows the seller that your serious about making a purchase. Negotiations have a higher rate of success when a seller knows you’re serious about a purchase. Once a selling price is agreed the deposit will be paid by you to your lawyer who will now carry out all due diligence on the property and help with other things such as NIE and bank accounts. With due diligence done your lawyer will draw up a purchase contract and a further deposit of 10% will fall due usually ten and fourteen days after your reservation deposit is paid.
New development purchases generally require a reservation fee, followed by 20/30% deposit plus IVA at 10% of the total purchase price. This can vary between developments and each developer may ask for stage payments during the building process.