BEWARE: The ‘reserve’ does not reserve the flat for you. It does not take the flat off the market, and it does not bind the seller or their agent in any way. The reserve is incorrectly titled and very confusing. On the reserve, you write your offer for the property and pay a deposit of app 1% of the purchase … Read More

Spanish NIE’s – The Basics NIE Defined and Basic Requirement 1) It’s a Spanish tax identification number for foreigners. It connects you to the Spanish government and is required to do almost anything in Spain. 2) Apply. You may apply while you’re in Spain, but you must be in Spain legally. You can also apply at a Spanish Embassy or … Read More

How to Buy Property in Barcelona A Guide for Foreigners Barcelona is a great place to buy property, but proceed with caution and plan it out. Doing business in a foreign country is not easy. Below is an nine-step guide to buying property in Barcelona for non-Spaniards. Step 1. Calculate the property’s Total Cost You have to know the ‘Grand … Read More

Looking to Buy Property in Barcelona? Start Here Barcelona is spread over about 100 sq kilometers. This is an introduction to the neighborhoods and some towns nearby. Prices. There’s no standard or ‘market price’ as the buildings and flats differ too much in condition and layout. The comments here are only a guide. Comparing the Price. As a very general … Read More

What is an Apostille? In a Nutshell: When you sign a document before a Notary Public, the Notary confirms your identity to be sure you are really the person signing. Easy. But what if the Notary Public is a fraud? That’s where the Apostille comes in. It confirms that the Notary’s identity. The Notary confirms the Signer, the Apostille confirms … Read More

What is the Total Cost for Property in Barcelona? This post outlines the Buyer’s TOTAL COST for buying and owning property (a house, flat or apartment) in Barcelona, including taxes and fees. It’s divided into three sections: A. The TOTAL COST when paying in Cash B. The TOTAL COST when paying with a Mortgage C. The COSTS related to Owning Property  … Read More

How to Buy Property in Barcelona This post provides a brief summary of the basic concepts to understand when buying property in Barcelona. It will cover the following four areas: I. The Property’s Total Cost II. Evaluating the Listed Price III. Making an Offer IV. Negotiating the Price I. The Property’s Total Cost In the Barcelona area, a Buyer must … Read More

Buying Property in Barcelona? Understand the ‘Arras’ Contract The Arras contract contains the important, and normally the final, terms of a property-purchase agreement. When the Buyer signs, they must pay a 10% deposit. Thus, only sign if you are absolutely sure you’re ready to buy. 1) How it works a) Buyer. The Buyer pays 10% of the property’s purchase price … Read More

Prepare a Will for Each Country Where You Own Assets WHY? It will make things a lot easier for your heirs. For your assets located in Spain, only a Spanish judge can transfer title of these assets to your heirs. The Spanish judge cannot dispose of your assets located in another country. This is true world wide. Judges can only touch … Read More