Sale and Rent Houses and Flats in Tenerife
Sale and Rent Houses and Flats in Tenerife
First, we start by defining your needs to target real estate which could be of interest to you. Once decided, you make an offer. We serve as intermediaries between buyers and sellers to conclude an agreement on the deal and the price. -We write the sales agreement in Spanish, as required by law and we invite you to pay a deposit (usually 10% of the property). We check also check that the property is free of any charge or unpaid debt. -Application for an "NIE" (foreigner ID number). Procedure mandated by Spanish law for any foreigner wanting to buy or sell in Spain. To do this, you must personally present yourself at the nearest national police office. In order to complete the correct form, you must present your valid identity card or passport copy and a + 1-size photo ID. You can also appoint a third party through a Proxy form, but in this case, you will need to present a certified copy of your national identity card. -Opening a bank account in order to transfer funds for your purchase in the financial institution of your choice.
Making an appointment at the Notary (4 to 6 weeks) and signing the sales contract. The notary checks and confirms the terms and conditions of the contract. It is required by law that the buyer and seller or their designated representatives, are present. If you can not attend, you must give authority to the person who will represent you. The notary askes to provide bank checks guaranteed for the agreed sale price. In case the seller has a mortgage must this must be refunded to the bank on the day of signing. A copy of the check will be included in the file, thus proving the cancellation of the mortgage.
Legal Fees: + -1.5% of the purchase value
The transmittal fee: 6.5% of the purchase value
Registration fees: + -0.5% of the purchase value
Management fees: on request
First, we start by defining your needs to target real estate which could be of interest to you. Once decided, you make an offer. We serve as intermediaries between buyers and sellers to conclude an agreement on the deal and the price.
We write the sales agreement in Spanish, as required by law and we invite you to pay a deposit (usually 10% of the property). We check also check that the property is free of any charge or unpaid debt.
Application for an "NIE" (foreigner ID number). Procedure mandated by Spanish law for any foreigner wanting to buy or sell in Spain. To do this, you must personally present yourself at the nearest national police office. In order to complete the correct form, you must present your valid identity card or passport copy and a + 1-size photo ID. You can also appoint a third party through a Proxy form, but in this case, you will need to present a certified copy of your national identity card.
Opening a bank account in order to transfer funds for your purchase in the financial institution of your choice.
Making an appointment at the Notary (4 to 6 weeks) and signing the sales contract. The notary checks and confirms the terms and conditions of the contract. It is required by law that the buyer and seller or their designated representatives, are present. If you can not attend, you must give authority to the person who will represent you. The notary askes to provide bank checks guaranteed for the agreed sale price. In case the seller has a mortgage must this must be refunded to the bank on the day of signing. A copy of the check will be included in the file, thus proving the cancellation of the mortgage.
Legal Fees: + -1.5% of the purchase value
The transmittal fee: 6.5% of the purchase value
Registration fees: + -0.5% of the purchase value
Management fees: on request
