Private Property For Sale in the Canary Islands

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.

If you are selling your property in the Canary Islands, there is one thought that has surely crossed your mind. Why should you pay expensive commissions of up to 5% or more to a real estate agency for what is basically a bit of advertising and a few afternoons of bringing people over? Until recently, the answer has been simply because you had little other choice if you wanted to get the word out effectively and sell your property in a timely manner.

But things have changed! Today, more and more property hunters search the Internet even before visiting an estate agent’s office and with the availability of private property sales websites, the ‘For Sale by Owner’ property market is booming.

Now you can advertise your property for sale online and for FREE (complete with photos and all). The website www.buyprivateproperty.com specialises in Canary Islands property and gives you the opportunity to promote your property absolutely FREE of charge to thousands of people from all over the world even before they actually set foot on the Canary Islands!

It is a fact that, thanks to the Internet, the real estate playing field has been levelled and real estate agents no longer hold the monopoly when it comes to effectively reaching the masses of property hunters out there. Successfully selling your property on the ‘For Sale by Owner’ market has never been easier!

Besides FREE advertising, on www.buyprivateproperty.com, you will also find a range of information and resources that will be most useful as you sell your property privately in the Canary Islands. Be sure to check out the 9-Step Guide to Selling Property Privately to get a good general understanding of the property sales process in the Canary Islands, as well as the Seller’s Legal Q&A other articles on the different aspects of going the ‘For Sale by Owner’ route.

On www.buyprivateproperty.com you will find all that and much, much more, including contact details of recommended Lawyers, Banks, Foreign Exchange brokers and everything you need to Sell your property privately 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.