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Viewing Repossession Properties

 

Arrange your flights to either Alicante or Murcia and we can collect you from the airport and show you the properties you are interested in (subject to them still being available) and other similar repossession or distressed properties that may suit your preferences and budget.   We can help arrange for suitable accommodation if required and take you back your departure airport.

As these properties at reduced prices, they are  being sold much quicker than resale or new properties, where owners and developers are still holding out for a higher prices. Reservations are made  on a first come basis only.

If you find a suitable property to purchase,  you should ideally appoint an INDEPENDENT solicitor to check out the property on your behalf and the reservation contract before parting with your deposit. A solicitor should cost around €1500 for the purchase of a property and including a years fiscal representation, to administer your taxes and transfer of electricity, water and community liabilities into your name etc.  We can recommend  a selection of English speaking solicitors that previous clients have used and have received good service from.

During your visit, you may also need to visit a bank or broker to arrange a mortgage. In addition you may also need to arrange to apply for your NIE number ( Foreigners Tax Registration) which you will need before signing for your property at the Notary office. This could take up to a month to obtain depending on which area you apply for the NIE in.

If you need to transfer money into euros from another currency, it is highly recommended that you set up a trading facility with a specialist foreign exchange company to avoid high bank charges and commissions ( you could save 000's). It is very likely you'll save a considerable amount of money if you transfer this way but only use companies that guarantee there will be no receiving charges (at your bank in Spain) or if charged, they will refund the charges.   

 There are several airlines offering budget cost flights to these destinations all year round.  We an help you with finding suitable flights and accommodation to suit your personal preferences if you require.  A list of budget airline web sites are provided for your convenience on the above link.

You should be in a position to pay a €3,000 euro “reservation deposit” should you find a suitable property. This can generally be accomplished using your credit card if you have made previous arrangements with your bank/credit card company. This deposit is generally non-refundable. You will then be at the stage of proceeding with the purchase of your property in Spain.

 

Please either call us on 0845 224 1118 in UK or 00 34 966 795 853 in Spain, or complete the enquiry form  to start arranging your viewing trip.

   
  Aberdeen Overseas Properties Ltd. 2008© Reg'd No: SC 212740. Registered Office: 252, Union Street, Aberdeen.