Spanish Property For Sale Spain - Spanish Property Advice

Spanish Property: Property for sale in Spain and Information Site…If You're Really Serious about Spain!

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Spanish Property - Property for sale in Spain

Spanish property is a favourite form of investment for foreigners. The dream of owning a property in Spain entices hundreds of thousands of buyers a year to flock to this land of plenty. Lured by the promise of sun, sea, sand - and a substantial return on their investment – foreign buyers are as common as karaoke bars on the Spanish costas these days. Many head happily off into the sunset. Others come a cropper and crash headlong into the many pitfalls waiting to snare the unwary investor.

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One of the biggest mistakes investors make when it comes to buying property in Spain is failing to do their homework. The Spanish property market can be a minefield for those who don’t take the time and trouble to pinpoint the potential hazards. It’s not only the language which is different in Spain – the whole culture and way of doing business are completely different than in most northern European countries and the USA. Despite these obstacles, many buyers still sign on the dotted line without taking proper legal advice.

Unscrupulous estate agents abound in Spain and many of them have no formal qualifications or affiliation to any profession bodies. Their favourite trick is informing over eager buyers that they don’t need a lawyer to complete their purchase: “We’ve been in this business for years and we can handle everything for you.” That’s simply not true. If you’re considering buying a property in Spain it’s absolutely essential to hire the services of a lawyer before you sign anything or hand over a deposit. And he or she needs to be a reputable lawyer with a proven track record of Spanish property transactions.

Sign up for our top 10 tips on buying a home in Spain and we’ll send you free, independent advice on topics such as dealing with estate agents, hiring a lawyer, buying off plan and buying to let. The first of our tips focuses on the all important issue of location. This is another area where so many foreigners fail to do sufficient research and find that their dream of owning a home in the sun turns into a nightmare. Whether you’re looking for a golf apartment on the Costa del Sol, a run down finca in inland Almeria or a villa with a private pool on the Costa Blanca you need to give careful consideration to the precise location and the prime purpose of your investment. Foreigners are constantly finding themselves lumbered with properties which are in completely the wrong location to suit their needs. More on this subject in our top tips on buying Spanish property.

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