Buying Spanish property Part 2 Reserving the propetry

The initial deposit

Now you have seen a property that you really like. You know the place, the location, the facilities, area, the community and as many other items which you consider to be relevant in your investment. This is the house that you would like to buy.

Your agent may request you that you pay a small deposit just to show your intention and to “take the property out of the market”. This is quite a normal practice and the right time that you may consider to engage an independent lawyer or solicitor who will make sure that everything is, at this first stage, in accordance to the different regulations.

Buying Spanish property safely Part 1

Many articles and posts have been published about Spanish property. Our intention is to offer a dinamic and practical guide to make the most of your investment in Spain as well as to advice you to plan in advance for your future as from the beginning of the transaction.

The information contained herein has been provided by Premier law Spain. Details will be shown at the end of this informative article.