We know buying a house in a foreign country is a serious decision that requires a lot of deliberation. Matters such as taxes, security, or bureaucracy come to mind immediately relating to how we will manage the purchase. However, we want to make sure you are not intimidated by these aspects, and we have developed a graphic summary to compile all the information about each step along the way.
Naturally, we will be constantly available for any questions you may have about the process, to help and guide you in your purchase decision.
Please contact us on our email (firstname.lastname@example.org) or our phone number (+44 (0) 1737 735 014).
Payment of a deposit and signature of a reservation document
Compliance-anti-money laundering check
This agreement identifies, notably, the buyer and the seller, the exact price and payment terms, reps&warranties, remedies in case of default and date of execution of the final transfer deed
Asset concluded: total price minus the reservation deposit
25% minus the reservation deposit
Tax: 10% on top of the price
After receiving the use license
Signed in front of notary
Transfer or ownership enforceable against third parties upon registration of the acquisition in the land registry office
Payment of the remaining price
A coefficient is applied to the cadastral value, the depends of the City Council
Depends on the development and the size of property
1 Bedroom – between 50-70€/month
2 Bedroom – between 70-1500€/month
3 Bedroom – between 80-2000€/month
Stamp Duty (IS)
VAT tax: 10%
Not related with the purchase price
Depends on the complexity and purchase price
Between 600-1000€ depending on the property cost 1,5%