Spanish Property

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Spanish Property

Spain has become increasingly popular with buyers from the UK over the last few years and so property prices have risen accordingly.

This is not surprising as Spain is and is likely to always be one of the most popular holiday destinations in Europe.

This also means that getting holiday bookings should never be difficult as there will always be plenty of demand.

New properties

However, with the increase in demand for Spanish property, there has also been a huge increase in the number of new properties being built. You do need to do your research about plans for future development in the area if don't want to buy a property which ends up in the middle of a building site!

As in France, once you have signed a contract and paid a deposit (typically 10%) the agreement is legally binding so make sure you fully understand what you are letting yourself in for.

Expect to pay a further 10% to 15% of your property's value to cover stamp duty, land registry charges, local taxes and legal fees.