We therefore have long-standing links with local lawyers, banks, mortgage lenders and property agents, and know which developers deliver a superior standard of finish, and more importantly, those to avoid.

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.

Any decision to invest should not be based upon the above information and should only be made after taking independent financial and legal advice.