Eden Villas SpainCosta Blanca South Inland and Coast
Eden Villas SpainCosta Blanca South Inland and Coast
Eden Villas SpainCosta Blanca South Inland and Coast
Eden Villas SpainCosta Blanca South Inland and Coast
Eden Villas SpainCosta Blanca South Inland and Coast
Eden Villas SpainCosta Blanca South Inland and Coast
Eden Villas SpainCosta Blanca South Inland and Coast
Eden Villas SpainCosta Blanca South Inland and Coast
Eden Villas SpainCosta Blanca South Inland and Coast
Eden Villas SpainCosta Blanca South Inland and Coast
Eden Villas SpainCosta Blanca South Inland and Coast
Eden Villas SpainCosta Blanca South Inland and Coast
Eden Villas SpainCosta Blanca South Inland and Coast
Eden Villas SpainCosta Blanca South Inland and Coast
Eden Villas SpainCosta Blanca South Inland and Coast
Eden Villas SpainCosta Blanca South Inland and Coast
Eden Villas SpainCosta Blanca South Inland and Coast
Eden Villas SpainCosta Blanca South Inland and Coast
Eden Villas SpainCosta Blanca South Inland and Coast
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Frequently asked questions

How can I see your properties?

You can make an appointment with us by sending an e-mail, or completing the form on the [Contact Us] tab or by calling us.

If you wish, you can ask for more details and pictures of the properties you like.

If required, we offer you assistance with airport collection and meeting you at your accommodation to give you a selection of properties that fit your criteria. We have good local knowledge and will be happy to drive and show you the properties.

Who pays the Real Estate Agent´s fees?

The vendor of the property ALWAYS pays the fees.

What happens when I make an offer and is accepted?

Once your lawyer has checked and made sure that all the paperwork of the property is in order, you will be asked to sign a private purchase contract written down by your lawyer and to be signed by both the buyer and the seller, followed by your putting down a deposit (normally around 3,000€ initially) as an earnest-money deposit to secure your purchase of the property. Then after 2- 3 weeks the buyer will be required to pay a further deposit to complete 10% of the purchase price.

The remaining 90% balance is payable on the signing of the Title Deeds (completion) at the notary. This private contract is taken as official confirmation of your intent to purchase that property and the seller´s intent to sell you that property, at the agreed price.

It is possible to sign a purchase contract and put down a deposit from your own country when you get back home, so there is no pressure to bring money with you to Spain, and no need to feel pressured into making quick decisions.

Once the private purchase contract has been signed by both parties, your lawyer will prepare the Title Deeds to get it ready to be signed on the date agreed (completion day) by both the buyer and the seller at the notary.

On the completion day you will sign the Title Deed at the notary, hand over the money and receive the keys. The property is then yours. On this day you are also required to pay the balance of your lawyer´s fees and the rest of the fees, like Notary and Land Registry fees, and Transfer Tax. All these fees are normally paid by your lawyer in your name.

Once prepared, your lawyer will pick up your Title Deeds from the notary and will take them to the Land Registry. At the same time your lawyer will pay the Land Registry fee and your 10% Transfer Tax.

After a period of 3 or 4 months when your property is fully registered with the Land Registry, the Title Deeds are picked up by your Lawyer and handed over to you for safe keeping. Meantime all the utilities will be changed into your name.

How long does it take between signing the private contract and completion?

Depending on the outcome of the searches made by the solicitor, the process can take anywhere between 3 weeks and 3 months.

What if I am unable to attend the Notary myself?

You can give your lawyer power of attorney. This way your lawyer can sign the Title Deeds on your behalf. You will need to have transferred to them the final balance for the property plus taxes prior to the signing of the deeds.

How do I transfer money?

As you may be transferring a large amount of money and the rates that most banks charge for this service can be very large, alternatively you can set up an account with a reputable and professional currency transfer company, as those companies tend to offer better exchange rates and do not charge a fee for the service.

How can I get the best exchange rate?

By using professional foreign exchange companies you can keep in constant touch with the financial markets to judge the right time to purchase Euros.

When do I get my Title Deeds?

You will receive a copy of the Title Deeds when you leave the Notary´s office on completion day, but the fully registered Title Deeds (Escritura Pública) will arrive at your lawyer´s office, or in some cases at your bank, within three to four months and they will inform you.

What costs are associated with the property purchase?

The amount of 12% of the price of the property should be enough to cover all costs involved in the sale like taxes and fees:

  • Transfer Tax which is 10% of the price of a resale property.
  • Notary, Land Registry and accountant fees which are around 2% of the price of the property.

Will I need a Spanish Will?

It is advisable for you to arrange a Spanish Will once you have signed the Title Deeds. Be aware that the Spanish Will only relates to your Spanish assets, for example your house, car and bank account.

How will the utility bills be changed over to our names?

The standard bills (e.g. electricity, water, IBI, telephone) will be changed into your name by the lawyer or estate agent, who normally will set up a direct debit to make sure the bills are paid through your Spanish bank account.

Do we need permission to build or reform a property?

Any work you do on a property requires a building license from the local Town Hall. They will decide if the work is major (obra mayor) or minor (obra menor). If they decide the work to be major, you will require an architect for the building project and you have to pay a more expensive fee. If it is minor, you pay a small fee and you are issued a permit, not needing an architect to be involved in the project.

How do I apply for residency?

You can apply for residency if you plan to live more than 6 months of the year continuously in Spain.

It will take approximately one year to receive your certificate of residence and your solicitor in Spain will be able to help you to apply for this.

What about schools?

A large proportion of students in the Costa Blanca are foreign and special extra teaching is provided at the start to give them a familiarity with the Spanish language. Parents can choose between local municipal schools or private schools. Municipal education is free of charge apart from the books. School buses are also available. Private schools classes are usually bilingual and prepare for University entry.

Once you are registered in your Town Hall you have the right to send your children to the local school. Bilingual private school are available in most areas and they charge a fee between 300€ to 500€ per month.

What about the free healthcare system in Spain?

Spain has a free healthcare system for those who pay social security. To qualify for free healthcare you need to get a social security number, which may be applied for by your employer, or you can easily do it yourself by visiting the local Social Security office which is situated at Calle Churruca, 26, 03003 Alicante. If you are self-employed, you will also be required to pay into the Social Security system.

Once you have been issued with a social security number, you can register with a family doctor at your local Centro de Salud or Health Centre, a list of which can be found in the Yellow Pages or at www.paginasamarillas.es,searching for centros de salud. Health centres have catchment areas, so you will need to register at the nearest to your home. Proof of address is therefore required when registering with a doctor, as well as your social security number and NIE. When needing to see a doctor, you will need to make an appointment in advance.

Eventually you will receive a tarjeta sanitaria, or health card, which shows your eligibility for free healthcare in Spain and can be used to see a doctor anywhere in Spain if necessary. There are main hospitals in Alicante, Elche, San Juan, Torrevieja, Elda etc...

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