Real estate in Spain – one of the most popular inquiries in the Internet space. A large number of Europeans are flown down because of long cold winters here. And it is quite logical. The beautiful country with smart beaches to the Mediterranean, near all other European countries, with adequate real estate prices. Housing prices in Spain fell within the last six years and decreased in general by 40% in comparison with values of 2007, before crisis (in comparison with the period from 1996 to 2007 when on average about the country real estate price grew by 197%. It was one of the highest rates of an increase in prices for housing in Europe. In 2008 I burst crisis and sharp falling of unreasonably inflated prices of housing began). The strongest reduction of prices was in 2012. Now in 2014 the market of real estate starts being restored. Reduction of prices was slowed down and even some stagnation is planned. The smallest falling of the prices was noticeable for all this crisis period on the Balearic and Canary Islands. If to speak about the prices in 2014, the highest prices are watched in Barcelona – 3400-4500 euros sq.m, and in the capital of Spain – in Madrid - 3000-4000 euros sq.m. Improvement of a situation with purchase of housing comes generally at the expense of foreign buyers – from Great Britain, France, Russia and Belgium who buy real estate generally on the coast and in Barcelona In Spain also today, apparently, all conditions are created in order that Russians felt at home. Here it is possible to find various Russian associations and communities which give help to compatriots in all questions connected with adaptation in the country arrange various actions, organize circles and classes in interests, both for children, and for adults. The Russian shops with the Russian goods are open. The Russian magazines and newspapers are issued. The companies with Russian-speaking experts offering various services work. However you shouldn't forget that moving to other country is always connected with certain difficulties. First of all, it is the questions connected with legalization in the territory of the foreign state, and also job search and a language barrier though with the last problems arise much less often since the Spanish not difficult language. Upon purchase of real estate we render assistance in receiving residence permit on various bases in Spain.
Purchase procedure: In Spain real estate objects can be acquired both on private, and on the legal entity. Foreigners without any restrictions can acquire real estate in Spain both inhabited, and commercial. Acquisition of real estate in the kingdom of Spain doesn't grant the right for continuous accommodation, but gives the chance of acquisition of such right. To buy the apartment, the house, the earth in Spain many want. For implementation of this dream it is necessary to know of what purchase procedure consists. We won't consider process of search and a choice of a real estate object here. We will stop on the process after the object is already chosen, and you already decided on purchase. After you understood that this object suits you, it is worth starting negotiations on the price, and with the help of the agent to check object for existence of possible debts, restrictions on sale, etc. When the seller and the buyer come to the agreement on the price, the contract on intentions for purchase of this real estate object is usually made out and the deposit of 10% or the contract of reservation under which 3000-6000 euros advance payment is brought and in which the term of signing of the prime contract of purchase and sale registers is brought. In Spain it is necessary for the foreign citizen for carrying out the transaction: - to open the settlement account in one of the Spanish banks. - to issue N.I.E. – tax number of the foreigner which is got in local office of police. For this purpose it is necessary to provide the international passport with the valid visa, the preliminary contract of purchase and sale, 2 color photos. In the appointed day all participants of the transaction gather at the notary, Escritura Publica sign and the buyer gives the remained sum to the seller usually bank checks, and also confirmation on payment of necessary taxes and fees to the notary. Escritura Publica is the official document confirming purchase of real estate in Spain. Own registration number, number of record, a leaf and volume when entering in the Register of property is assigned to it. A compulsory procedure upon purchase of real estate in Spain, is registration of any kind of real estate in the Register of property (Registro de Propiedad). All information on the one who the owner of real estate, its cadastral cost, the exact area, existence of possible debt, etc. turns out in Registro de Propiedad. Renewal of all utility payments and taxes on the new owner happens at the last stage. You can always apply for more detailed information to our expert and receive the detailed answer.
