Private Property For Sale in the Canary Islands

 The best advice anyone can give you if you are buying or selling property in Spain is to hire a reputable bi-lingual lawyer to represent your interests. We simply cannot repeat that too often!

The main benefit of using a good lawyer should be obvious enough – unlike a real estate agent, your lawyer has the necessary legal training and experience to protect your interests throughout the property transaction and make sure that your Spanish dream doesn’t become a nightmare. What’s more, your lawyer gets paid no matter which property you buy, and so will not be biased when giving you advice.

But did you know that the typical services of a Spanish lawyer go way, way beyond that?

For a start, your lawyer will take care of the paperwork related to the property deal, saving you a lot of time and headaches, while ensuring the transaction goes smoothly. This includes anything from processing your NIE (foreigner identification number) with the local authorities or opening a bank account in Spain, to filing your Spanish tax forms and more.

A Spanish lawyer who is fluent in English or your own language will help you beat the language barrier and unwittingly provide you with a free translator service at the notary’s office and elsewhere. You can even give your lawyer a Power of Attorney and save yourself the trouble and unnecessary expense of travelling to the Canary Islands to sign documents such as the Preliminary Sales Agreement or even the Title Deed itself.

Besides, your lawyer can help you negotiate better terms on your Euro mortgage in Spain and even save hefty bank charges if you use the lawyer’s preferential bank account when you transfer your foreign currency to Spain. Most, if not all, Spanish lawyers also provide a free escrow service where any of the parties involved can deposit funds into an impartially-held account while the transaction goes through.

By now it should be clear enough that hiring a trustworthy local lawyer will not only give you reassurance and peace of mind, but will potentially even save you money in the bargain!

Read more on the benefits of using a lawyer in your property transactions in this detailed article: Buying a Property in Spain? 10 Reasons to Hire a Lawyer. The article focuses on buying property, but many of the reasons hold when you are selling your property too.

The Canary Islands continue to be a favourite among Europeans looking to invest in property abroad – be it as a holiday home or as a pure investment. A lot of their enduring popularity with property buyers comes from the fact that the Canary Islands enjoy an enviable climate all year round, with warm balmy weather and endless days of sunshine, no matter the season. But that’s not all!

On the Canary Islands you will find something for all tastes – from gorgeous beaches to the stunning natural beauty of the interior countryside, from the vibrant nightlife of the tourist resorts and capital cities, to the remote havens of tranquillity which make for the perfect getaway holiday. The Canary Islands are variety itself! Add to that the typical laid-back atmosphere and the stress-free lifestyle and it’s no wonder that for many visitors it’s love at first sight!

With all this just a couple of hours away from mainland Europe and daily flights connecting the islands with most major European cities, it’s hardly a surprise that property in the Canary Islands remains ever so popular both with investors and holiday home owners, in spite of other (more risky) emerging property markets further a field. In fact, the stable Canary Islands property market is ideal for the investor who is looking for a low-risk property investment with a steady appreciation of around 10% to 15% per annum.

As an additional incentive for investors and holiday-makers, the Canary Islands enjoy special tax concessions for businesses, as well as an incredibly low VAT rate of around 4% or 5% depending on the specific products or services. Moreover, the islands also benefit from a significant amount of EU funding every year. Much of this money is used to upgrade the Canary Islands’ infrastructure, resulting in a superior touristic product as well as a better quality of life for the islands local and many foreign residents alike.

Are you are after a home away from home where you can spend many a pleasant day relaxing under the sun? Or do you seek to invest on one of the most desirable property markets in Spain and indeed there rest of Europe? In either case, you simply cannot go wrong with the Canary Islands!

At www.buyprivateproperty.com you will find a wide selection of Canary Islands property for sale directly from owner, together with a wealth of resources that will be invaluable as you choose and buy property on the Canary Islands.