ABAD lawyers and accountants are an experienced firm and specialise in property services and this includes Spanish mortgages.
ABAD solicitors and accountants offers a tailor made service to all clients that require it, providing them with the best possible outcome depending on their needs. We can either simply assist the client in finding a mortgage that bests suits their profile, or complete the process on their behalf. What this means is that we have the resources to source and compare various lenders and negotiate the terms and conditions. Whether you would like to involve us in setting up a mortgage, renegotiating terms, or the cancellation of a mortgage, we would be happy to help and give advice.
It is always a good idea to look into your finances before looking at properties because it gives you orientation when viewing. It is always good to have a price range in mind; it avoids putting yourself in the awkward position of falling in love with a house and then finding out that you are unable to purchase it. This also stops you looking outside of what you can afford or allowing you to spend a little more when you find something ideal, with the peace of mind that you can.
Seeking professional assistance is strongly advised when buying abroad or in this case buying in Spain as they will have knowledge on procedures and applications, as well as market conditions that will aid you in making an informed decision. When you have all the relevant information at hand you can then decide how you wish to move forward with a mortgage, such as what percentage do you want etc.
ABAD offers the complete mortgage package, which can be included in our conveyance package to help facilitate your experience. Our mortgage services extend from purchase to selling, as well as assisting and advising on already existing mortgages.
ABAD lawyers and accountants are an experienced firm and specialise in property services and this includes Spanish mortgages.
ABAD solicitors and accountants offer a tailor made service to all clients that require it, providing them with the best possible outcome depending on their needs. We can either simply assist the client in finding a mortgage that bests suits their profile, or complete the process on their behalf. What this means is that we have the resources to source and compare various lenders and negotiate the terms and conditions. Whether you would like to involve us in setting up a mortgage, renegotiating terms, or the cancellation of a mortgage, we would be happy to help and give advice.
It is always a good idea to look into your finances before looking at properties because it gives you orientation when viewing. It is always good to have a price range in mind; it avoids putting yourself in the awkward position of falling in love with a house and then finding out that you are unable to purchase it. This also stops you looking outside of what you can afford or allowing you to spend a little more when you find something ideal, with the peace of mind that you can.
Seeking professional assistance is strongly advised when buying abroad or in this case buying in Spain as they will have knowledge on procedures and applications, as well as market conditions that will aid you in making an informed decision. When you have all the relevant information at hand you can then decide how you wish to move forward with a mortgage, such as the amount you want to borrow and interest rates etc.
ABAD offers the complete mortgage package, which can be included in our conveyance package to help facilitate your experience. Our mortgage services extend from purchase to selling, as well as assisting and advising on already existing mortgages.
FAQs
How much you will be able to spend on and a property will depend on your income and available cash, as well as the type of property and location. If you are buying your second home then the budget might be smaller than if it was for a permanent and only home. It is always a good idea to have a figure in mind before you start your search.
For sure yes it is. It might ease the pressure financially, as well as taking advantages of certain aspects of euro-zone such as the low interest rates. Also in Spain you will be surprised at the much smaller wealth taxes that you would pay. In Spain there are numerous lenders and each will offer a different package. So it is worth looking around and finding out your options.
Yes, it is advisable, due to not only being informed of taxes and costs for the purchase process, but also the taxes after completion and for maintaining the property.
Like any property purchase, you will need to have additional funds apart from the essential ones covering the property price. There are taxes, registration fees, notary fees etc…. It is suggested that on top of the purchase price you should add another 10-15% to account for most of the costs and expenses.
Most people would strongly advise independent legal and financial advice and consultations before any money changes hands. Of course it should always be with a firm who has experience and specialises in local land and property law.
