General Information

Legal and Financial Issues

Spanish law now requires developers to provide bank guarantees to protect the investor’s money from day one, whilst mortgages (of between 60% and 70%) are available, subject to status, on every off-plan unit, enabling the purchaser to complete if he/she chooses to do so. Euro mortgage rates are currently around 3.4% (Feb 2004).

Our Spanish lawyers will deal with all aspects of purchasing and selling your property, whilst remaining in regular and direct contact with us. We will forward-purchase Euros to protect you from currency fluctuations and remit your funds to meet each stage payment.