Archive for the 'Buying Property Privately' Category
Buying a Property in Los Gigantes?

If you are looking for a property to buy in Los Gigantes, then look no further than Los Gigantes in the South of Tenerife, a great location. Always popular, Los Gigantes is a great place to work, live, and play with an abundance of shops, cafes, bars and restaurants! The recent sponsorship of Carnaval Los Gigantes by Paul Ruane has helped maintain a great future for the Carnaval which is a fabulous experience enjoyed by all the family!
It goes without saying that when looking for property to buy in Los Gigantes, make sure you choose a well established Estate Agent such as Paul Ruane where you know that your investment is being taken care of by professional team who will look after you and your investment. The staff at Paul Ruane have a wealth of experience in the Spanish property system and will help you with your property purchase from start to finish.
Why not become a fan of Paul Ruane on Facebook as well as following them on Twitter, Flickr and Youtube.
58 commentsNew Low Cost Estate Agency Network
David Wood has launched a new low cost fixed fee Estate Agency Network website to bring together landlords and tenants, buyers and sellers, throughout the South Yorkshire area. This innovative concept is spearheaded by David who has a wealth of property expertise behind him, not only in the UK market but also throughout Europe including Cape Verde and the Canary Islands. Complimented by their blog, dwood-property.com is definitely the place to start whether you are a private individual or Landlord, when considering buying, selling, letting and renting property.
144 commentsWhy you really must hire a lawyer when you buy or sell property in Spain
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.
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