Legal :- Spanish Properties in Spain & Property for sale in Murcia Mar Menor:Almeria:Malaga:Costa Calida:-Costa del Sol:Costa Blanca Regions of Spain

We recommend that all our client seek legal advise from an independant Lawyer. Allow fees of around 11% of the property purchase price. For the 7% Tax - Notary & Stamp 2% - 1% Legal -. = 10% Fees are always based on the declared value of the property, There is regulation in place as "the law of public fees" makes it no longer possible to declare a very low figure, and the can be penalties for gross under-valuation. You will have to apply for an N.I.E. number (tax number). this can be done by your lawyer You will require to tell your banks in the UK that you will may need to transfer funds 1) You must also open a Spanish bank account 2) If you require a mortgage the maximum amount that can be borrowed is 60% - 80% depending on the Banks 3) Contact your credit card company to let them know you are going to Spain and may require more than normal with drawals. ie (deposit) 4) Alternatively a UK bank draft or cheque book for the deposit of 3000 euros . (a) Passports (b) ( If both are working 2 P60s will be required ) (c) The last 3 -6 months bank statements or (Tax Cert) & (Company print out of income from your accountant if Self employed ) (d) Confirmation of all outstanding balances on any existing mortgage and any other loans ie credit card etc. On purchase of the property discuss with your lawyer capital gains tax and authorisation of Spanish wills.