Please refer to our Charges page for an example breakdown and explanation of the different charges. At the moment, a general guide is 14-15% of the declared purchase price.

There are many variables that affect the cost when stated as a percentage of the purchase price. For example, taxes vary from region to region and, in some cases, according to the property price. Another important factor is whether clients are applying for the maximum mortgage or a lower amount. We advise all clients to contact us for an estimated cost breakdown relative to their circumstances.

In nearly all cases, the mortgage will be a repayment mortgage, which means the monthly payment is made up of both capital and interest. Your mortgage will be paid off in full at the end of the term. Some lenders allow you to pay interest-only during the first one or two years of a construction mortgage, but not for the purchase of an existing property.

It is compulsory to have buildings insurance with an insurer of the bank’s choice. In addition, life insurance is nearly always compulsory, also with an insurer of the bank’s choice. We are aware of the banks though that don’t require it.

To be classed as a fiscal resident (one who pays Spanish income tax), usually you need to be paying these taxes before you apply. Some banks will class you as a resident with as little as 6 months’ payslips, if it is clear that you are in a long-term job with a reputable company. Others need to see at least two annual Spanish tax statements (declaraciones de renta).

Buy-to-let products do not exist in Spain and never have. Banks do not take into account future rental income.

Because it is the only way to get to know the areas properly. We live and work locally in the areas and nobody knows the areas better than our local people on the spot. In addition, it's a good way to get to know each other so that we can find the right place in the right area for you. We take care of you and make sure that you make the right decision. And if it requires more than one inspection trip down to Spain before decisions can be made, we are here with you all the way. Our work will not stop until you have found the dream house and everything is 100% as you want it.

Conducting property inspections with a well respected Spanish property agent helps to ensure you receive accurate answers to key questions, such as:

• Is this a good area for rentals?
• How much is the cost of living?
• Are property prices rising here?
• How close am I to key amenities such as shops, bus routes, doctors etc.?
• Is this a sensible buy based on my needs?

• Free legal advice from an independent property lawyer.
• Free financial advice from an independent mortgage brokerage.
• Area and property presentation.
• Exclusive service, advice and guidance from one of our experienced Property Consultants.