When you're close to finalising the exchange you will need to apply for NIE Numero de Identidad de Extranjeros — your Spanish tax number.
One of the most attractive things about Valencia is its diversity. This is reflected in the property market and the variety of houses for sale in Valencia. We also have properties available in the areas surrounding Valencia Capital, and on coastal towns like Alberic , Montserrat and Pucol. These areas have the lifestyle of a quiet village, yet are located on the outskirts of the city, and are on the metropolitan transport network. These towns offer all needed amenities, medical services, bars, shops, mechanics etc.
These areas are very popular with young professional families searching for houses for sale in Valencia, Spain. They are also popular amongst older people wishing to move out of the city but yet be very close. A little farther from the city there are numerous small towns and villages such as Alberic and Turis. These areas again offer a smaller town rural vibe where stunning houses for sale are affordable and yet the city with all its practicality and fun is on your doorstep.
You can choose a house for sale in Valencia, in small town, or village and still be very close to the city and the beach.
It boasts a climate comparable with Southern California or Florida, with a long summer and very mild winter. Another reason to choose houses for sale in Valencia, Spain: As a coastal province, the Mediterranean is a constant presence, with beautiful clean beaches ubiquitous.
The province is framed by the Sierra Calderon Mountains and so there are huge possibilities for hiking, rafting, and exploring delightful mountain villages such as Montanejos or Guadalest. Choosing to view houses in Valencia for sale, offers the unique chance to balance practicality with fantasy. In order to have the wonderful weather, the great food, the beaches, the mountains, the city, you need not compromise.
There is a great road and rail network, two international airports, and a brand new high-speed rail service to Madrid 90mins.
For all its economic problems in recent years, living and buying property in Spain is easy. Choosing where to buy your house in Spain might be your biggest problem. There are ten islands to choose from, the Balearics in the Mediterranean or the Canaries in the Atlantic. Wherever you decide on, you will probably have a good choice of property. Spain is notorious for having built far too many houses and apartments in the boom years and being unable to sell them.
We could go on: Spain has a wonderful culture, cuisine and countryside. As always, location is key. For those seeking a property in more authentic Spain, there are hill-top white villages with farmers riding donkeys through them, Moorish wonders such as the Alhambra and the coolest of cities Barcelona and Madrid - and prices have already begun to rise in Marbella, hotpots in the Balearics, and the ever-popular Costa Blanca.
There are a number of property hotspots in Spain to consider right now - in fact, some of them never really cooled off, such as recession-proof Mallorca , still attracting the mega-rich and royalty, and ever fashionable Ibiza , drawing the children of the buyers who discovered it in the Sixties.
The southern Costa Blanca has so many advantages for property hunters, including a plethora of golf courses near popular towns like Villamartin and Playa Flamenca , and just about the healthiest climate in Europe. The northern Costa Blanca, less affected by development and with more building restrictions in place, draws buyers to towns including Moraira , Javea , Denia , Calpe and Benissa Costa.
Inland of these resorts, the Orba and Jalon valleys are increasing in popularity for buyers seeking a more tranquil location than the coastal resorts; and also more bang for their buck. Going south to the Costa del Sol, glitzy Marbella might said to be well and truly booming, with new developments back in vogue and great demand for holiday rentals.
Buying an overseas property is an exciting thing to do and Spain is a great place to choose. However, it is important to go about things the right way and equip yourself with as much information as possible before settling on that dream home. One of the most valuable pieces of advice is to instruct your own independent solicitor to assist you with your purchase, just as you would when buying property in the UK. The estate agent will be a valuable source of information on properties, pricing and the surrounding area and will understand the buying process having been through it many times before, but they are acting for the vendor and you need an experienced solicitor — who understands the language as well — to act for you.
Once you have found your property, the purchase process begins with a reservation agreement. The deposit is usually held by your lawyer or your agent in a client or escrow account. Within 10 days of signing the reservation agreement, the full private purchase contract contrato de arras is signed between the buyer and the seller. This is similar to exchanging contracts in the UK buying process. Within this time your lawyer should complete all the searches on the property - confirming that the seller own the property being sold, there are no mortgages or charges and that planning consents are in order.
Once both parties sign the main contract, it is binding. The arras contract or full private contract will usually require a 10 to 20 per cent deposit to be paid. The buyer is then committed to pay the balance of the price, and the seller once the money has been paid must transfer ownership to the buyer.
If the seller pulls out of the transaction he must return double the amount of the deposit received by way of compensation. If the buyer pulls out he will lose the deposit paid. This will happen at their office and be accompanied by the agreed final payment and all the relevant purchase taxes. The Escritura is then presented by the Notary to the Land Registry for registration and the property is passed to the new owner.
Final registation of the title deed can take several months. With a new-build property, obviously completion can take a lot longer, and the payments are split over stages of the build process, and the developer should provide bank guarantees against each payment. This protects your payments in the event the developer fails to complete the property or goes bust. Finally, make sure that you have insurance for your property, ensure all service contracts are in your name telephone, water, electrics etc.
Just as in the UK, you can authorise someone normally your lawyer to act on your behalf with regard to your legal matters in Spain. This is often wise, as travelling to Spain to sign documents can become inconvenient or mean that you miss an essential signing date through ill-health or travel disruption. A Power of Attorney can be either general or limited to a specific function for example, the signing on your behalf of the escritura Deeds to your intended property.
So, apply for this as soon as you start looking for a property. Currently, you must apply for your NIE number in person although the rules on this tend to change from time to time; your estate agent or lawyer, who should help you. You can purchase Spanish property very quickly, if you are a cash buyer and you have an NIE number. Certainly, it is not unknown for the Spanish in particular to see a property and be the owner with full access later on the following day.
If you’re planning to buy a property in Spain – talk to HomeEspaña. We’ve been helping our clients buy and sell Costa Blanca property since We now have eight branches, covering the Costa Blanca North and South, the Costa Calida (Murcia) and Valencia City. HomeEspana is the largest real-estate agent on the Costa Blanca, Valencia and Murcia/5(30). To create Home Espana review we checked chaplin-favor.tk reputation at lots of sites, including Siteadvisor and MyWOT. Unfortunately, we did not find sufficient information whether Homeespana is safe for children or does not look fraudulent. We would describe it as legit.