If you are considering buying a rural property the chances are you will have come across the acronym DAFO. For many the mere mention of the word can cause sweats. Do you need one? Should you buy a house that doesn’t have one? Should you get one before selling? So many questions, and it seems that almost everyone has their own opinion on the matter, most of which rarely agree with each other. So what...
What is the NIE? The NIE or Número de Identificación Extranjero (foreigner identification number) is the way by which the Spanish government identify all foreigners in Spain that have any financial activity. This means that anyone that wants to buy or sell anything that attracts tax, and isn’t a Spanish citizen needs one. Will I need an NIE? You will need one yes. To buy or to sell a house...
You’ve found the property you want to invest in. Great! Now, here comes the science! In fact the process of buying in Spain can be relatively simple in comparison to other countries. There are two main ways in which it is done basically – with or without a mortgage. Without a mortgage In this instance it is effectively a case of agreeing a purchase price with the vendor which starts verbally....
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