How to buy Property in Spain if you are a foreigner. Step by step guide.
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- čas přidán 9. 09. 2024
- I have partnered with a real estate agent named Yameley, here on the Costa del Sol. I sit down with her and one of her colleagues, they take me step by step through the process of buying a property here in Spain. What type of documents you will need. How the process works, how to find a lawyer to help you. What types of taxes and fees you will need to pay. We discuss how the contract signing takes place and even how the contract is notarized to finalize the deal. All of this can be handled through their office, which makes the process very smooth for a foreigner buyer. There is also a way to fast track your Spanish residency. You are eligible for a Visa Gold program if your property costs more than €500,000.
Please contact me directly if you are interested in purchasing a property. +34 657 07 1179. This number also accepts whatsapp calls & messages. You can also send me an email at admin@runhorse.com. I will take down your information and have Yameley contact you directly. If you have any more questions, I can send them to Yameley. Make sure you contact me directly to get the discount on fees. Please only serious inquiries about real estate. Thank you so much.
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Me he asociado con un agente inmobiliario llamado Yameley, aquí en la Costa del Sol. Me siento con ella y uno de sus compañeros, me llevan paso a paso en el proceso de compra de una propiedad aquí en España. Qué tipo de documentos necesitarás. Cómo funciona el proceso, cómo encontrar un abogado que lo ayude. Qué tipos de impuestos y tarifas deberá pagar. Discutimos cómo se lleva a cabo la firma del contrato e incluso cómo se certifica ante notario el contrato para finalizar el trato. Todo esto se puede manejar a través de su oficina, lo que hace que el proceso sea muy sencillo para un comprador extranjero. También hay una forma de acelerar tu residencia en español. Eres elegible para un programa Visa Gold si tu propiedad cuesta más de 500.000 €.
Por favor contácteme directamente si está interesado en comprar una propiedad. +34 657 07 1179. Este número también acepta llamadas y mensajes de whatsapp. Anotaré tu información y haré que Yameley te contacte directamente. Si tiene más preguntas, se las puedo enviar a Yameley. Asegúrese de comunicarse conmigo directamente para obtener el descuento en las tarifas. Por favor, solo consultas serias sobre bienes raíces. Muchas gracias.
Hello everyone, I hope you are enjoying the video. The links to contact me directly are in the description to the video. Please feel free to contact me if you are interested in more information about buying a property, I will be happy to help you. Please serious requests only. Thanks so much.
This content is GOLD!! something i have been thinking about for a couple of years now - adding it to my saved videos to watch again later. THANKYOU!!
Thanks my friend, if you are looking for more information, I can put you in touch with Yameley. She is the best.
I'm so happy you made this... I'm proud of you xx
Hi Tom, very happy that you enjoyed the content. Let me know if I can help you with a property search. Thanks again.
Fantastic... more videos like this...maybe one on how to buy commercial real estate
@@realfreedom8932 That could be a good idea, they have a large office, I am sure someone deals in that type of real estate. Contact me directly if you want to know more. admin@runhorse.com .
Great video Kerry, I have always been advised to use a Independant Lawyer/Notary!!!!
If you're buying a property in Spain it's crucial that you instruct an independent Spanish lawyer/Notary early in the buying process to ensure that your interests are protected. You're chosen lawyer should: Be independent -This means your lawyer/Notary is not linked in any way to the vendor or estate agent.
Hi Keith, that's some good advice for sure. You have to know how to find a lawyer you can trust. This company has some lawyers that are used to handling foreign transactions. That's quite important, so they know the process already. If you simply select a lawyer out of the phone book, you are simply rolling the dice. Thanks.
The same" phone book" you find an Estate Agent you can trust, but both should be independent of each other and all you want is that both parties to act in the interest of you the Buyer! ask Yameley if my advice is wrong.
No one offers the asking price.
Never ask the estate agent to recommend a lawyer. The only people who can tell you if a property is legal and has all the right building permissions is the local town hall.
Don’t bring a car over as it can be an expensive hassle to re-register it. If it’s LHD it could be worth it. Used cars in Spain tend to be more expensive in Spain but they are usually in better condition as it is dry and there is no salt on the roads.
I might be interested in seeing some of your properties when we are able to visit Spain. I’m from the USA so we have to wait until we are allowed to travel to Spain. A very interesting video. This information is very valuable in what’s involved in purchasing a property as a foreigner. Thanks traveladdictguy.
Hi Kat5, so happy that this information was helpful for you. Please contact me if you would like to see a property when yoj arrive. We can also show you some online. My contacts are in the description. Don't hesitate to contact me, for any questions. Thanks so much.
Good stuff man. Just a general warning to all - if you DO own a property in Spain, make sure that it's being looked well after if you're out of town or abroad. Neighbors checking in daily, alarms etc. There's a very serious and unique situation in Spain where people looking for a home (squatters) may enter a place and if they change the locks within 48 hours and the police isn't contacted by the owner, they may end up staying there for a long time or even indefinitely. You'll at that point need a court order (which can take months!) in order to re-enter your home and even if you bring the police and confront the occupants they won't be able to do anything without said court order.
DO learn about this stuff before buying a property in Spain.
There's a lot more to be said about this but this happens to a lot of people so do make sure that you're not victimized by this behavior because if it does happen you're in for a lot of stress and a legal nightmare.
Hi Rebjorn79, that's great information that anyone who owns property should be aware of. It's a good idea to have cameras installed at your property for that reason today. So you can monitor them while away or have someone check up on them. Luckily we have not had many issues with this happening here in Málaga. There was something going on like this in Marbella. Thanks for sharing.
@@TravelAddictGuy Glad you didn't have any issues. This thing might be more common in some regions than others but I do know that it happens all over Spain. I've read/heard many stories and I've personally witnessed this happening on more than one occasion. Not to be taken lightly.
@@rebjorn79 There're called "Okupas" it mostly happens to bank owned properties but could happen to any one.
@@j.m.b5441 Yeah. Many who do this prefer to occupy bank owned property because there's less of a chance that there'll be an immediate stress situation for them because private owners are more likely to take immediate action and put more pressure on the occupants.
Since the financial crisis banks have taken control over more and more properties and many of them are just sitting there empty. Still, it absolutely happens with private property as well.
Where I lived in Barcelona there were okupas everywhere and even friends of mine participated. It's definitely something that happens a lot in Spain and it can cause a lot of grief for private owners.
I really liked this video, lots of good information. Looking forward to the house tours also. Now I can't wait to get back to Spain to start house hunting.
Hi Scott, what type of place would you like to see? I would like to do a video at a less expensive property and maybe a more expensive one, so we can see the difference. Please feel free to contact me, I will be happy to put you in contact with Yameley. admin@runhorse.com or call or message me direct, my number is in the description. Looking forward to meeting you one day.
Wow we were just talking about this. Kerry is a man of his word, real as can be! Awesome vid and and a lovely lady.
Hi Adventure, she is a good friend of mine and someone I personally trust. I am proud to be working with her on real estate sales. Wanted to get all of the information together to share with anyone who is looking to move to Spain. Thanks mate.
Hiya Kerry, very informative video. This will help many people. Great vlog.
Hi Nicky, I feel like we are building a little community here. So happy to help, everyone has been so nice to me. It's the least I can do. Thank you.🙏
@@TravelAddictGuy Your channel is great. It will be great when we can all travel again. And meet up and have one big party.
Good info well noted.
Thanks
Glad it was helpful! Thank you.
Hi Kerry good info but not fair on a buyer if they change their mind as they loose the deposit but seller can and loose nothing as said in video just hand back deposit.so think that should be addressed as buyer beware still.no joke loosing 6000 deposit because you change your mind and see a better deal or a better property or a better area.so be real sure a word of warning to buyers.
HI John, I think you misunderstood something. If the buyer backs out, they lose their deposit. If the seller backs out, you get your money back of course. Everything is drawn up in legal documents, with the help of a lawyer. Otherwise, yes someone could just decide not to sell and keep your money.
I sold a house i had AEG and car parking space i had Benalmadena on Ebay Uk.If you put all the properties on Ebay Uk you will be inundated with emails and calls. I may contact you guys when i manage to sort apartment to rent Torremollinos. Kerry you are going to be brilliant at this. Spainish banks will not allow you to buy blind which i think is the right thing.
Hi Jasmine, thanks so much for sharing your wisdom with my audience. We would be happy to manage your apartment for you. Thanks for the encouragement Jasmin, you are really kind.
Hi, you mentioned you thought about buying property yourself. What would be your chosen area? Love to see the properties.
Hello, I was actually looking in Malaga when I first got here. Wanted to get an idea of how the process worked really. Why not live in Malaga, it's a great city. I will try to get a tour of one or two of the properties. What price range would you like to see?
@@TravelAddictGuy It was just curiosity. Have place to deal with in Torremollinos, renovate for holiday market. whenever that will be.
Does anyone know if you are a European citizen, but you are stuck in Asia because of the pandemic, can you buy an apartment(in Spain) from Asia?
Hi DB, my understanding is that you can buy an apartment from outside of Spain. Send me an email and I can put you in touch with Yamely. admin@runhorse.com
Hola! I forgot one question, do they only work in the south of the country?
Yameley can put you in touch with another team realtor throughout Spain.
@@TravelAddictGuy Sounds great, I can't wait!!
Thanks.
great video thanks for the info !
Glad it was helpful! If you or someone you know is looking for more information, feel free to contact me. Thanks so much.
Me and my wife would like to retire in Spain in a few more years, this has been really informative!
Do you know if one can have a mortgage payment in Spain while still working in the US?
And once you buy a property how much time is someone allowed to live there in a year?
Thanks for your great videos.
Greetings from NC!!
Hi J.M.B, I have sent these questions to Yameley. I will let you know when I hear back from her. Thanks for the good questions. You are always welcome.
@@TravelAddictGuy Thank you! Im looking forward to her answers!
Hello, she told me that you are allowed to stay here in Spain if you own a property. You will need to apply for temporary residency, if you want to stay for longer than 3 months at a time. She has contacted the bank and has yet to hear back from them about the mortgage situation. That really may depend on your financial situation and is more of a question for the bank. If you you want to contact me directly, I will put you in touch with Yameley directly. Thanks. admin@runhorse.com or my number is in the description.
@@TravelAddictGuy Thanks a lot!!
This is very nice of you, to have taken time for this.
We'll definitely be in touch as soon as we're ready.
@@j.m.b5441 Looking forward to working with you, when you are ready. You're welcome.
Hi TAG! Are you on a work visa in Spain ? I am curious about how you are able to live there full time? I want to buy a place on the beach and join you. Your videos make it look so appealing.
Hi M, Yes I have temporary residency here, because I work with a Spanish company. I have not addressed this topic because it's a difficult one and the answer is different for anyone. Normally you have to apply for residency, before coming to Spain. If I can find a lawyer to interview in the future, I will make a video, otherwise It is very hard to give advice. I am glad that you are enjoying my videos.
I buy my properties already
Ok, that's great.
Great video Kerry!
Hi Mango, so happy that you enjoyed it. Thank you.
One question. Why is he wearing sunglasses inside the building????
The sun was bright that day.😁
I wouldn't never buy a property anywhere worldwide.
It's better to be free , travel the whole world rent as much as you stay and leave without any headaches.
Hi FM, glad that you are a free spirit. It's always nice to have a place to call home, especially if you have a family. That does not prevent you from traveling. What is right for you, may not be right for someone else. It is great to travel the world, I am happy that you can do it.
Actually getting nie is less than 10$ if you do it through Spain embassy
Hi, my understanding is that you have to go to the National Police here. You can also do it at the embassy, are you sure? Is this for European citizens only or all countries. Thanks for the information.
Yes I'm sure American citizens
@@gitamirzaei3028 Ok, thanks so much. Will save people some money hopefully.
DO U OFFER......Rent 2 Buy//OWN.........Please!!
Hi Malcolm, that's a great question. It would depend on the property owner, we would have to make a deal with them. Please contact me and I will put you in touch with Yameley. admin@runhorse.com or my # is in the description. Thanks so much.
HAPPY 2 PAY FULL ASKING PRICE!! ON A LONG TERM BASIS..MIN 10YRS =120 MONTHS......AGREED??
@@malcolmbrownson5205 The owner would have to agree to this type of deal. Send me your contact and I will put you in touch with Yameley.
Great video and info! Is there properties all over costa del sol or only in malaga? Also if you do go to the homes, it would be great to see a bit of the neighborhood!! Cant wait to move!
Hi Shelly, were you the woman that told me she had purchased a property here in Spain? If you are currently looking, I would be happy to send you some information on current properties that are available. We have properties all over the Costa del Sol. admin@runhorse.com is my email.
@@TravelAddictGuy no I haven't bought a property. My husband and I are looking, but not ready to actually purchase for a about a year. We are currently trying to decide what area, part of costa del sol and neighborhood we want to be in. Your videos have be so helpful in showing us different parts!
@@shellygaddes8896 Sorry, a woman recently told me she had bought a property here. Please feel free to send me an email or contact me directly. I will put you in touch with Yameley and she can send you a list of what we have available right now. No pressure, when you come here we will be happy to show you some places. admin@runhorse.com is my contact.
Looks like a mafia sit-down
I'm gonna make you an offer you can't refuse.😁
Interesting, 500,000 property and you become automatic resident! Sounds good
Hi JB, that's a great option if you are looking to move here permanently. Buy a property and become a Spanish resident. That's a win-win for sure.
Love the sarcasm ! 🤣🤣🤣👌🏽👌🏽👌🏽
Joke !!!