Buying Golf Property - Spain Villas, Apartments: Advice Buying ...
Many people in Northern Europe dream of moving to Spain for the sunny warm climate. For anyone who plays golf there can be few things more depressing than trying to play golf during the winter months when snow and freezing rain batter the fairways. In fact the lure of golf in a better climate is one of the main reasons thousands of people move to Spain every year. But the dream of a moving abroad to an apartment or villa near a golf course can often turn into a nightmare. Golf professional and Spanish property expert Jeff Hall offers some basic advice on his website and in this article about buying a golf property in Spain.
Resist Buying Property in Spain on a Viewing Trip
With rain hammering down outside and the forecast in Spain showing sunny and twenty degrees it’s easy to understand why people take advantage of cut-price viewing trips offered by property companies. Whilst this is a great way to explore an area, be prepared to face a fairly tough sales pitch - whatever you do don’t buy on the first trip. Make a pledge to your travelling partner that the credit card stays in the wallet and no matter how appealing a deal seems, get back home and carefully consider what you are getting into. There will be hundreds of properties just as attractive – take your time.
Hidden Costs of Buying in Spain
There are many hidden costs to buying a property in Spain from a potential ten percent tax on the property, which is often not included in the price, to costly legal and banking fees. Buying a new build property in Spain often involves several hefty payments, the last on completion. If the transfer is from a bank in England to one in Spain, the incoming bank can charge huge landing fees. But these can be easily avoided by transferring the money through a company that is used to dealing with international transfers such as Moneycorp. Whichever agent you buy through, insists Hall, make sure they will not desert you after signing the deal. The best companies guide the purchaser through the legal complexities of the Spanish system from first viewing to moving in.
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