Frequently Asked Questions

No, the seller pays the agent’s commission.

between 10 and 11 % of the purchase price.

Yes, including non-residents and tourists from any country

An N.I.E number. This is a fiscal identity number and a Spanish bank account. The
N.I.E number can be obtained in many Spanish embassies in different countries. In
Spain, your lawyer will obtain the N.I.E number and open your bank account. This is
included in their fees. You do not have to have N.I.E number before you start searching
for the property. The N.I.E number is only required at the point of signing the title
deeds.

No, however we advise using a lawyer and giving the lawyer “power of attorney.” With
this document your lawyer is able to conduct searches on your behalf, obtain the N.I.E
number, open the bank account and sign the title deeds at the notaries office. In the
event of you not providing power of attorney will mean that you have to be physically
present to sign each of these documents.

In Spain lawyers are not notaries and notaries are not lawyers. However, both
professions have qualified in various aspects of law. The lawyers conduct the
conveyancing and then on the date of the sale the notary studies the title deeds
presented to him and if they are perfect, he signs the title deeds along with the sellers
and purchasers of the property.

yes, we deliver excellent after sales service.

yes, provided you have good credit and proof of income it is relatively easy to obtain a
mortgage of 60% of the purchase price. The banks can provide higher mortgages in
exceptional circumstances. We will assist in introducing you to banks and or mortgage
brokers.

Yes. A touristic license is required for short-term rentals, which will allow you to rent out
your property as a tourist accommodation. No licence is required for long term rentals.
Assuming your property earns a profit, you are obliged to pay tax.

No. However we will assist in finding good people and companies to manage your
rental property.