Safety and security of a property is an important matter if it is a detached house. In this case, you should think of:
As for apartments, as a rule the development projects have surveillance cameras in the common areas. Keys to the common door are very often incompiable which means that you can’t make any copies. That ensures that strangers won’t get access to your home.
When buying a property, its new owner needs to re-connect the house with electricity and water services. If you are buying a property via a professional real estate agency, you will be offered this service. To deal with this issue on your won, you need to contact a private electricity and water supply company, provide documents that prove you property ownership and resign a contract. If you provide the company with the bank account details, the utility payments can be made automatically.
Leasing your home in Spain can bring over 5% of the annual income from the market cost of the property. For example, leasing a seaside studio which costs €100,000, you can get about €5000 per year. When choosing the right property and entrust its lease to professionals, you can increase the annual rent income up to 7%. So, as you can see, you get a stable income source by investing in Spanish properties.
There are five grounds that allow to obtain a Spanish citizenship:
For many foreigners the easiest way to get Spanish citizenship is the last option in the list below. As a rule, you can apply for citizenship after 10 years living the country. But this term may be shortened to 5, 3 or sometimes event for 2 years.
NIE is the Numero de identidad de extranjero, the identification number of a foreigner. It is required for financial and legal procedures, like buying a property, tax payments, applying for documents when moving to the country and etc. NIE is issued by the Spanish Immigration Office. To apply for the NIE, you need to stay legally in the country for a certain period of time (for example, studying or holidays) and have compelling reasons for its obtaining (buying a property and etc).
Congratulations, you have found a buyer for your Spanish property! You should now instruct a lawyer to represent you in the…
Disclaimer: this post is of general interest only and is not to be construed or intended as substitute for professional legal advice.
Las Fallas festival When: 1st - 19th March 2020 Where: Valencia, Spain Website: visitvalencia.com…