wotagirlie
Posted 10.46AM
Wed 5 Jul 2006
You do not need to be experienced to sell your property in spain. If you negotiate the price with your buyer and make sure he has the funds to transfer, book the local notary and hire a local lawyer, who speaks both languages, if you do not speak Spanish as he will translate. Ask the buyer for a 10% non-refundable deposit and ask your lawyer to draw a simple pre purchase contract between the two of you. Set your date for the notary and you can transfer the deed and exchange the money in front of the notary. It is the buyer who needs the lawyer more than the seller in Spain, because they could inherit your debts (ie) if there is a mortgage to pay off on the property, you will need to inform the bank as they will be at the notary meeting with you.
Just shows you the so called experts on this website have no idea and couldn't possibly unless they have lived and worked in the industry out there. Doing it the way above will save you at least 6%-10% as the agents in Spain are notorious high in commissions.