Whether you are looking to buy immediately or are you looking to purchase in the future we are happy to assist you. We provide a personal and highly experienced property finders service and our aim is to simplify the research, viewings and purchase process working in close partnership with our clients and dedicating as much time as you require to find and purchase the perfect property for you. Based on the information you provide we will conduct some initial research and send you a portfolio of properties that match your requirements. Based on your feedback, over time, we will gradually refine your choices until we have the best selection of properties that match your requirements. Once you have arranged a trip to Spain we will schedule the property viewings for you, accompany you to each of the viewings and gradually determine which property is the best for you. We will then help and advise you throughout the buying process and after. We work with a large network of professional agents through the various inter agency networks and are therefore able to offer a comprehensive buying service collaborating with other real estate companies in order to provide properties from the whole property market, to providing introductions to lawyers (native speaking to you), accountants, fiscal tax advisors, currency experts and other services that can provide further benefits to your buying experience.
All we need from you are your basic property requirements and we can begin immediately.
- Budget Ceiling
- Property Type ( villa, townhouse or apartment )
- Number of Bedrooms
- Preferred location
THE PURCHASE PROCESS
Once we have helped you find your perfect property you will need to make an initial offer and we will advise you accordingly. Once accepted you would complete a reservation document and pay a nominal sum, somewhere between € 3000 & € 6000, usually to your lawyer. Once this is done the property will be taken off market and reserved. This deposit is normally held by your lawyer in their client account, until the private contract is signed. Should the offer not be accepted and negotiations end, the deposit can be returned to you.
In order to comply with strict anti money laundering laws you will be required to provide to your lawyer and estate agent the following information:
- Passport copy for all purchasers
- Full main residencial address
- Utility bill dated within last 3 months
- Description of source of wealth for the purchase
Once you offer is accepted, your nominated lawyer will check the land registry to make sure the property is properly registered and that there are no liens or encumbrances. The lawyer will arrange the payment structure with the vendors representative prior to going to notary and prepare a private contract that will bind both parties. Normally a private purchase contract is arranged and 10% of the purchase price is paid and set against the agreed sales price. The private purchase contract will set the date for the sale completion and the lawyers will prepare the public deeds for signature at a Spanish notary.
A purchaser will also be required to apply for an NIE (Numero de Identificacion de Extranjeros) which is simply an official identification number for non Spanish nationals. The application must be made prior to signing and taking position of a property. Your lawyer can arrange this for you.
It is also important to open a Spanish bank account prior to purchase in order that your lawyer can set up standing orders for future payments of the property utilities and taxes.
On the date of completion at the Spanish notary the Escritura (title deed) should only be signed once your lawyer has carried out all relevant checks to confirm ownership of the property, that’s its free of debts,etc. Your lawyer will have agreed a payment method and structure with the vendor before completing at the notary. Bank-guaranteed cheques issued by a branch on the Costa del Sol are the preferred method, though it should also be possible to transfer funds to the notary’s account. You will require certain necessary documents with you when you go to the signing including an N.I.E number, your lawyer will inform you of everything you will need to take to the Notary.If you are unable to attend the signing at notary personally then a power of attorney can be granted to your lawyer to represent you. The easiest way to grant power of attorney is to sign one before a notary in Spain, though at greater expense one can also be arranged through the Spanish consulates in the UK or through a British notary. All involved parties, the vendors, buyers and mortgage lenders, have to be present represented by powers of attorney at the signing of the escritura.
THE PURCHASE COST & TAXES
When purchasing a resale property there is an 8% transfer tax payable by the buyer, known in Spanish as Impuesto de Transferencia de Propiedad (ITP)
For off-plan new build purchases there is a fixed rate of 10% IVA ( VAT).
Notary fees can vary depending on the number of pages or complexity of the title deed but are normally in the region of 0.5% of the purchase price. There is also a land registry fee of around 0.3%.
Lawyer’s fees are in the region of 1% of the selling price.
Should you require a mortgage we can recommend an independent mortgage adviser that specialises in providing impartial advice to non-residents and ex pats and who will discuss your mortgage requirements. As a non-resident the maximum mortgage you can expect to achieve through a Spanish bank is between 70 to 80 %
Always on hand to sort day-to-day problems and without him and his company’s efforts over the years we would simply have been lost. Simply put an excellent committed business offering a great service that I have no hesitation recommending.
They have handled the rental of my apartment originally to a Spanish tenant and more recently to an English tenant and the apartment has let on both occasions very quickly indeed. I was introduced to the tenants before the start of the tenancy and everything was handled on my behalf without any need for me to get involved at all. From time to time small issues have arisen, and the maintenance staff dealt with them quickly and at little cost to me.
On the other side of the fence, I also rent a house through Available Now, and have done so for three and a half years. When I first saw the house, it was perfect for my requirements, and still is. The landlords live in England and I have had little contact directly with them, having kept in regular contact with Available Now, and again any small issues that have come up have been quickly dealt with by the maintenance staff.
I really have to say that I have found Dominic, Camilla and the rest if the team a pleasure to deal with, they are always friendly and helpful and the next time my apartment is free or I am looking to move I will certainly use their services.
We enjoyed drinking it on our own balcony celebrating our good luck.
Secondly thank you for all your help with our search and subsequent purchase in Spain. We cannot thank you enough for everything you have done to assist us, we absolutely love our new apartment, it is tempting us to move out there permanently.
Dominic and his team found us a buyer in December 2016 and were a pleasure to work with as always.
Elke provided frequent updates on viewings. When the sale was agreed Elke guided us through to completion by frequently updating us and by liaising with the buyer and solicitors. AvailableNOW made our sale a trouble free and smooth event.
We had no idea how to go about the purchase, so I searched for various agents on the internet. Thereby I discovered at Elke from AvailableNow and we had a competent and targeted communication immediately. Thus, we decided to work with Elke as our agent to view some houses. She asked us a lot about our preferences, so that the first houses met our taste. After the first day, Elke searched again, so that we found the perfect house on the third day. On the ground, the care, the completion and the recommendation of associates (lawyer, company for renovation work etc.) were excellent. The purchase completed in July. After this, some renovation works were necessary. Since autumn, we are using our holiday home and we are completely happy.
I can only recommend Elke and AvailableNow. They are helpful, personal and even after the purchase at every time available. Many thanks again!
They later sold my apartment for me and again everything went very smoothly.
I can thoroughly recommend their services”
“Finnish couple from Helsinki”
The reason I always use Available Now and have recommended them to my friends is the high level of service I have received whenever there has been a problem with a property or the owner, every problem has always been 100% resolved to my satisfaction.