We know the process of buying or selling a property in Spain inside out. Below you will find a some information on legal services, financing and currency exchange. These steps might be different from what you are used to from your home country, so feel free to contact us or download our legal brochure that offers more extensive information
Buying or selling a property is a big step, especially in a foreign country. Different laws, tax systems and regulations could make the process a bit overwhelming. The easiest and most secure way to solve this is to have a local legal representative or a lawyer to oversee the whole process and who will keep your best interest their first priority.
There are NO risks when buying or selling a property in Spain, as long as it is done correctly and in the right order.Through our many years of experience, we know the process and can recommend several excellent companies and representatives. Do you already have one? No problem, we will assist and cooperate with any representative you may already have.
Ask us any questions that may arise and we can put you in contact with the right person, speaking your language.
Do you need a mortgage in Spain? What does it cost? Should you ask for a loan in your own country?
There are many factors to consider when applying for a mortgage or opening a bank account in Spain. Most banks have different terms and costs for their services so consider first when you need from your bank before looking into conditions. Each case is individual and different.
Most banks will lend you up to 70% of the lowest of either the valuation or the purchase price. This does not mean 70% of the total cost of purchase. Keep in mind that the taxes of purchase and bank charges are not included in this figure. The interest rates are normally based on either Euribor or Libor + the banks interest. Ask us, and we can advise you.
We recommend Bank in Spain. They are a company dedicated to get you the best mortgage possible. Send the documents once and they will have the bank fight to give you the best terms possible. If you don’t use or want any of the offers, they do not charge you for their services.
A foreign exchange company also known as foreign exchange broker is a company that offers currency exchange and international payments to private individuals and companies. These companies offer in almost every case a much better exchange rate than your bank. An easy way to save big amounts when transferring money to Spain or from Spain. Ask us about this subject and we will put you in contact with a representative who speaks your language for more information.
Currencies Direct have helped clients transfer money abroad since 1996 and can with confidence say that we’re global currency specialists.
No matter where you are in the world, we can help you from one of our 21 global offices, based across key geographies.
It’s within these offices that our enthusiastic, local experts – who know the intricate details of transferring money from specific countries – are ready to talk.
They’ve helped plenty of satisfied customers with their currency requirements, and know that not one currency transfer is the same.