Frequently Asked Questions
Q. Are all your properties freehold?
A.Yes - our partners in Spain guarantee that all of the properties you will be shown are freehold with debt-free escrituras (property deeds).
Q. If I decide to go on an inspection trip will I be under pressure to buy?
A. No, we do not condone pressure selling and would cease dealing with our current partners in Spain if they adopted this practice. In fact the reason why we only do business with one company in Spain is simply because in partnership we are able to show you the properties that you want to see
Q. Do you have ties to specific developers?
No - We have specific developers on our books, however, we have no connection to the developers other than this working relationship. We are always looking to expand our portfolio of properties and new developers will therefore add to our already extensive portfolio.
Q. Will you try to sell me the "property of the week"?
No, we believe it is important that you see the properties that match your requirements and not ours.
Q. How do I open a Spanish Bank Account?
Our partners in Spain will assist you with the opening of a Spanish Bank Account should you decide to purchase a property on your visit.
Q. Do I need a Spanish will?
We recommend that you arrange for a Spanish Will to be completed as it is quite straightforward to do and is inexpensive. It only applies to your property and goods in Spain and has no effect on a UK will. The laws in Spain are different to the UK and a Spanish Will will ensure that in the event of the property owners death the property and goods in Spain get to the correct beneficiary.
Q. What additional services do you offer?
Introductions to UK based independent financial advisers, financial advice in Spain with a choice of tailored packages to suit your requirements, comprehensive after sales service, furniture pack purchase, currency brokerage (see inspection visits)
Q. Do I pay tax if I sell my home in Spain and bring the money back to the UK?
A. Yes, you would be liable for Capital Gains Tax unless the house was your only home or you had held it for over 10 years. The Capital Gains Tax liability reduces after holding the property for 5 years and we would recommend you contact a solicitor for full details.
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