Buying property in Spain « Euro Weekly News - CSN

Shopping for property in Spain « Costa Spain News


Shopping for property in Spain: Sructural surveys and securing your NIE. Picture: Shutter B / Shutterstock.com.

In Spain, acquiring a structural survey earlier than buying property is much less widespread than in another nations, however it’s nonetheless an choice price contemplating.

The development increase of the early 2000s in Spain led to some subpar constructing practices.

Though requirements have improved considerably since then, a structural survey can present precious reassurance.

This inspection not solely assesses the property itself but additionally examines the land on which it’s constructed.

Should you resolve to fee a survey and your supply is contingent upon its outcomes, it’s essential to seek the advice of with an unbiased lawyer early within the course of.

They will help incorporate the survey situation into your buy contract.

To discover a surveyor, you possibly can check with the Royal Establishment of Chartered Surveyors (RICS) web site: ricsfirms.com, which gives a listing of regulated corporations and surveyors working in Spain.

The web site means that you can filter by location to discover a appropriate skilled to your wants.

NIE Necessity

Should you’re planning to purchase property or land on the Costa Blanca, you’ll must receive an NIE (Número de Identidad de Extranjero).

It is a private identification quantity required for any fiscal transaction in Spain, together with opening a checking account or buying property.

Overseas nationals are assigned an NIE quantity after they register as residents in Spain on the Oficina de Extranjeros (immigration workplace) or a delegated police station.

Nevertheless, in case you’re shopping for property from exterior Spain, you possibly can apply for an NIE on the Spanish embassy or consulate within the UK, or you possibly can have a consultant apply in your behalf.

Having an NIE is crucial to make sure which you could proceed along with your property buy and different monetary actions in Spain.



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About Richard Roberts

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Richard Roberts, from the UK, has lived in Spain for 7 years. A passionate real estate expert, he helps clients find their ideal home or investment opportunity.

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