In this episode of the All about Spain-podcast, recorded at the Second Home Expo in Ghent, Glenn Snels and Glenn Janssens take you through the most important steps and legal points of interest when buying a property in Spain.
Among other things, they discuss how to choose a suitable search region, what is involved in concluding a reservation contract, the role of the notary, financing options and conducting a home inspection. They also share practical tips on buying furniture and arranging essential utilities such as internet and electricity.
Listen to the episode via the website or on spotify.
Takeaways:
- First determine your search region in Spain.
- A reservation contract is similar to an option.
- Provide suspensive conditions in the contract.
- The notary comes only at the end of the purchase procedure.
- Check the ownership situation of the property.
- Financing can be through Belgian banks or local Spanish banks.
- On compromise, there is a binding purchase.
- Property inspection is crucial before purchase.
- Make sure you have a good inventory of furniture when you buy.
- Solar panels are an interesting option in Spain.
