Spain is a fantastic country to visit and live in. There are numerous cities of considerable size, offering all the services you need plus a fantastic diversity regarding nature, culture, music, gastronomy, wines, activities, etc.
The property prices have drop down between 20 and 40 % in most areas from 2.008 to 2.012 so it is the time to buy now!
Within all the options in Spain, Marbella is simply THE PLACE TO BE for many reasons out of which we highlight:
Once you have found the property you like, the basic purchase process in Marbella is:
Before going to the Notary and register the property officially, the following costs and taxes should apply:
Registration fees: normally 0.2 % ,or even less, of the value declared in the deed.
Notary fees: normally do not exceed 0.3% of the value declared in the deed.
Buyer pays for it provided the vendor is not a developer or normally trading in the business of resale properties. If the “minimum fiscal value” of the property, as per the Regional Government, is greater than the price, then the minimum fiscal valuation applies: 8% is applicable up to the amount of 400,000€ or 30,000€ in the case of garages except those belonging to the dwelling and with a maximum of two; 9% is applicable to the amount between 400,000€ and 700,000€ or between 30,000€ and 50,000€ for garages; 10% is applicable to the amount exceeding 700,000€ or 50,000€ for garages.
Attorney’s fees. Contracting a lawyer is not compulsory but it is recommendable. Its fees normally do not exceed 1% of the purchase value.
The NIE is not a residency permit.
The NIE is the “Nonresident identification Number”. This is a unique personal number which is provided by the “Oficina de Extranjeros” (nonresidents office). This number will be needed and shown in all official documents of yours.
Your NIE will be required when opening a bank account, buying a property, a car, setting up a business, do your tax declaration, etc.
The documents you need to present to obtain your NIE are:
This process normally takes from 1 to 5 weeks and the document is to be picked up personally.
Depending on the Directive 2010/31/EU of the European Parliament and of the Council of May 19, 2010, with respect to the energy certification of buildings, the Royal Decree 235/2013 in the Spanish context, by which incorporates the basic procedure for certification of energy efficiency of existing buildings.
This Royal Decree establishes the obligation to make available to the buyers or users of buildings energy performance certificate which must include factual information about the energy efficiency of a building or property, (energy demand or consumption) as well as values reference, such as minimum energy requirements in order that the owners or tenants of the building or house, to compare and assess their energy efficiency.
This document is issued by a certifying containing technical information on current energy characteristics of each property and the energy efficiency of a building or unit thereof, calculated according to the calculation method defined by the Ministries of Industry, Energy and Tourism and Development.
The aim of this Royal Decree, is to optimize the energy resources used today, adapting housing and routing it to become more energy efficient through improvement options in both its thermal envelope, such as adequacy of facilities, while pursues the use of renewable energy, replacing those that increase CO2 emissions to the atmosphere, and thus contributing to a reduction in climate change.
Than contact Escanda Properties and we will gladly answer
all your property questions you might have!