MAKING OVERSEAS PAYMENTS FOR BUYING PROPERTY IN SPAIN
Sun-flooded ski slopes in the north, cloudless stretches of shoreline in the south and breezy Mediterranean resorts in the east make Spain an attractive proposition for overseas property buyers. At the end of 2014, the International Monetary Fund suggested that the decline in Spanish house prices was ending, with an average of around 30,000 properties being sold each month. The European hotspot is also Britain’s favourite place to buy overseas homes – given that you can purchase a six-bed Majorcan chalet for the cost of a one-bed basement flat in London, it’s little surprise.
With the help of the international property experts at Smart Currency and Spain Buying Guide, we’ve put together this guide to help you demystify the legal and financial processes behind purchasing Spanish property. We’ll look at the big questions like overseas mortgages, as well as important details like the cheapest way to send money abroad.
Our Spain property guide will help to answer most important questions to consider when buying property in Spain.
1. What are my first steps?
2. How does the purchasing process work?
3. How much will any extra expenses add up to?
4. What about exchange rates?
5. What are my first steps?
To find out everything you need to know about buying property overseas, download our Spain property guide by completing the below form.