Easy Purchase

PURCHASE without a problem

Agnes Inversiones sl wants to help you and find solutions rather than just do quick business.
We want to be sure that we find for you ideal home and will help you to go through the whole process of buying ,preparing the mortgage etc. Our after sales services includes property management, renovations, interior design.
We try to make your purchase as easy as possible.

COSTS to purchase a property

Below you can find example of the approximate additional costs that you can expect once buying in Spain.
Safe estimate is to add 10% to the net price.

VAT or Transfer Tax

7% – 8%

Mortgage opening and insurance

1%

Lawyers fees

1%

Notarys Fees,legal fees,changing beneficiary on the water ,electr. bills

1%

Finance & mortgage advice

Most of the major Spanish banks on the Costa del Sol are keen to offer mortgages at very competitive interest to non-resident buyers, normally up to a level of 60%,and are able to process financial status enquiries and property survey valuations fairly quickly.

What information will the lender require ?

Banks vary in the amount of information they require. As a general guide you can be expected to be asked for the following:

  • Last 3 wage/ salary slips.
  • Last Income Tax declaration/P60 in the UK, or evidence of latest annual tax declaration.
  • Copies of your current bank statements covering the last six months
  • Reference letter from your employer confirming date of employment and proof of income (not always essential but helpful, especially if you want to achieve the maximum amount of borrowing).
  • Copy of passport/residencia.

If you are self employed:

  • Latest Income Tax declaration.
  • Copies of the accounts for the last two or three years.
  • Chartered Accountants Company report, confirming your annual personal drawings from the company.
  • Personal bank statements.
  • Bank reference letter.
  • Copy of passport/residencia.

LEGAL ADVICE

Our advice to the buyers is, they should use an independent lawyer to assist and supervise in the legal and administrative aspects of their purchase.

We are able to recommend a number of multi-lingual speaking lawyers based locally in their area to whom we have successfully introduced many satisfied clients over the years.