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Buying a property

  1. Choosing an object in Spain (about 3-4 days to view all options of interest)
  2. Signing a preliminary agreement to reserve the property with the seller and posting a deposit so that the property is withdrawn from sale. This agreement stipulates the final date of the transaction. This is usually three months from the date of the deposit. The deposit is usually 3 thousand euros.
  3. Examination of property rights documents by our lawyers.
  4. Obtaining NIE - identification number of a foreigner.
  5. Opening an account with a Spanish bank.
  6. Preparation and submission of documents for a mortgage in a Spanish bank, if necessary..
  7. Concluding a transaction with a notary.
  8. Registration of the transaction in the cadastre. After the transaction is registered in the Cadastre, which is handled by a notary, the buyer is considered the legal owner of the purchased property.

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