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Thinking of Buying Property for Sale in Spain?
Author: John TurnerYouve decided you want to buy property in Spain. You might be looking for a holiday property or solid property investment. Whatever the reason, theres a lot to consider when you want to make a purchase overseas. Its not always easy buying a home in the UK so be prepared to do your homework to purchase your Spanish home.
Obtain your NIE
Before you get started get the vital paperwork. If you want to purchase Spanish property, you need to apply for a 'Numero de Identificacion de Extranjeros'. Often referred to as NIE, this translates to the English equivalent of 'Foreigner's Identification Number'. You are legally required to hold a NIE before you can make any transaction which carries tax implications such as Spanish property purchase.
To obtain a NIE simply visit the Foreigners Office which is situated in most Spanish police stations.
Certificate of Habitation
Theres a wide range of Spanish properties for sale, so do plenty of research. You might wish to purchase off plan property, golf properties or a renovated house. If you are buying new Spanish properties, make sure there is a condition in your contract of sale that a Certificate of Habitation is issued before property completion takes place.
Be warned, developers can sometimes try to get Spanish property buyers to take possession of property before a Certificate of Habitation has been released incurring unnecessary costs at your expense!
Article Source: http://www.articlesbase.com/home-business-articles/thinking-of-buying-property-for-sale-in-spain-116043.html
About the Author:John Turner is a writer who specialises in travel, finance and property management.
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Keywords:
property spanish sale buying