6 Spain
Where: Moraira, northern Costa Blanca
Buying in Spain
From Peter Esders, Judicare
judicaregroup.com
Buying costs These vary from region to region, as some of the taxes are diff erent, but budget on around 10-11 per cent of the value of the property for legal fees and costs.
Transaction time For resale property, you would normally expect the whole process to take around six to eight weeks.
€349,000 (£296,500)
‡ Panoramic sea views to Calpe ‡ T ree bedrooms, three bathrooms ‡ 165m2
built on a 980m2 plot
‡ Built in 1973 ‡ 4x8m private pool and poolside area ‡ Five minutes’ drive to the beach, three minutes to local shops ‡ Nearest fl ying – there is a very active UK expat microlighting community in Moraira and Jávea, using offi cial and private airstrips costablancafl
yers.net
For more details: Select Villas of Moraira,
selectvillasofmoraira.co.uk
T ey like: ‡ T is is a wonderful villa, and we are quite tempted to make an off er on it. We love it
‡ T e views are superb, as it is in an elevated position ‡ It has mature gardens which we like very much — yet there is plenty of room for the lemon tree I have always dreamt of
‡ T e swimming pool is a lovely extra, and really sells this villa ‡ T e guest bedroom is en-suite — always a great advantage ‡ T ere is an active fl ying club nearby that looks a lot of fun
T ey dislike: ‡ We can think of no negatives at all!
Process The process in Spain is well-tested, and uses the notarial system — ie, title deeds are signed before the notary public. However, the notary gets involved right at the end (ie, signing the title deed), and doesn’t get involved in contracts and searches prior to that point (although quick searches might take place immediately prior to signature, but after you have committed yourself to the purchase). There is no set method for the exchange of contracts like there is in the UK, and similarly there is no standard set of searches carried out. In the UK, we are used to things like coalmining searches and the like, but this is rare abroad.
Beware In order to buy a property with enough land to fl y a plane, you would need to move inland. This shouldn’t raise any particular problems, but your lawyer will need to check on the legality of the property in the fi rst place — does it have planning permission; is it registered? Is it classifi ed as “rural” land? Your lawyer must check it is in the seller’s name, as inheritance is not always formalised in country areas. Thirdly, check on rights of way over the land.
“Buying costs in Spain vary from region to region”
For our Spanish buying guide, visit
aplaceinthesun.com | 33
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