Telephones: +34 646700010 & +34 607111910 | email: info@alpujarra-sun-property.com

VÁLOR BRANCH OF "CAJA GRANADA"  

Costs involved when purchasing a property in Spain:-

1) Transmission Tax (Levied at 7%)

2) Land Registry admin fee  (Approx 300€)

3) Notary fees (Approx 300€)

4) Agency fees are normally included unless a low price has been negotiated

5) Lawyer fees (1%)   ( NB: This choice is optional)

MORTGAGE INFORMATION

Thanks to the current economical climate banks in Spain are still shy of lending country properties especially to non-residents. 

Mortgages that do become available must comply with the following requisites. The first step is to arrange for a bank survey plus provide the bank with all proof of income plus NIE certificates.

Should the mortgage be approved, the banks will lend the following percentages of the BANK VALUATION and not the SALE PRICE.

       Resident        Non-resident

Village properties:-               80%                      60%

Country properties:-             60%                       50%