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Your
lawyer will also ensure the safe transfer of money,
that the title deeds are finalised and that the property
is legally signed for and secured.
If
you grant Power of Attorney to your lawyer, he will
be able to complete the sale/purchase on your behalf,
without the need for costly trips to Spain.
If
you have bought a new home, you will be required to
pay in stages. Payments vary from developer starting
with your initial deposit of 3,000€, after 30-60
days you will pay a further 25-50% with the balance
paid upon completion. You will get the exact requirements
from the builder upon placing the deposit.
Other
costs will need to be added for legal fees, Notary fees,
land registry, VAT and stamp duty, this amounts to approx
10%. Your lawyer will confirm all costs for you.
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