5 Things to Do BEFORE You Buy a Property in Spain!

[@aidamedia5465]

Really interesting video, Sean. Gave me answers to questions that I had not even thought of. Will check out your other videos. I enjoyed the Sotogrande vs Marbella, Which is better? discussion as neighbours of mine have just been on holiday in Sotogrande. Happily subscribed.

[@CloudNineSpain]

Thanks so much for your feedback. Much appreciated! If there are any topics or areas that you would like us to cover on video, just let me know. Best regards, Sean

[@iNMOspectorSpain]

great insights! Starting from the property portals and the information provided by real estate agents and sellers - which is essentially the same "person"!

[@CloudNineSpain]

indeed!

[@melonmelon7427]

I found the same flat listed on two different portals, by the same agent and using the exact same pictures, however the flat was listed a two different address. After doing some google street research I was able to get the exact location of the flat which was not in the desirable location advertised on one of the portals, but in a less desirable location listed on the other portal.

[@CloudNineSpain]

Thanks for your feedback

[@davidgray2163]

Brilliant advice. Massive thanks.

[@CloudNineSpain]

Glad it was helpful!

[@joshuacook2447]

Hello, great video thank you. Where is best to find the pre approval… I’m not strong with Spanish and I.e Santander is in Spanish when I try it

[@CloudNineSpain]

Hi Joshua - thanks for your comment - much appreciated. Here is the link for pre-approval - habeno.com/form?partnerId=b108e12a-b2b4-4fe6-32a5-08db459bccc4

[@yieldtothenight]

Don't sign any viewing papers with agents unless it states they will match the price of any other agent. listing the same property. Fiber Optic is vastly superior to WiMax or ADSL so If internet is important check that it has Fiber. Check out so see if any farms are nearby because being near a pig farms for example can result in a lot more flies being around.

[@johntreadwell6846]

Brilliant advice thanks 👏

[@CloudNineSpain]

Glad it was helpful!

[@bcgrandtours7827]

Hi Sean. Very useful advice. Ive subscribed to your channel for future information regarding listings in Spain. This year we're looking to explore Cantabria and Biscay. My only question is how easy is to get a mortgage as a canadian citizen if we put a 50% down-payment for a 250000€ property. I have a couple friends they already purchased properties newly built in Malaga and in Marbella. Thank you! We can prove income of 70000€ annual income from CRA

[@CloudNineSpain]

Best write to Sean directly here: [e-mail]

[@creandolibertadfinanciera1366]

Great video … as an American , can I apply for a mortgage there in Spain 🇪🇸? How long is the term and the percentage they give to foreigners? Thank u

[@CloudNineSpain]

Thanks for the comment. Some banks in Spain won´t lend to applicants earning in USD, so it´s important to use a broker to save time speaking to the wrong people. Normal lending rules apply - you need to show proof of income, debt, etc. Normal maximum loan is 60%-70% of the price or valuation, whichever figure is lower. Maximum terms differ depending on the bank. Normally it would co-incide with projected retirement age

[@miguelbarradas9858]

Thank you for the advice 👏👏👏

[@CloudNineSpain]

You're so welcome!

[@formonthills]

Great information 👍🏼 thank you

[@CloudNineSpain]

Glad it was helpful!

[@michaelellard4664]

Great advice thank you.

[@CloudNineSpain]

Glad it was helpful!

[@ROSIEBGOOD]

Thank you 😊

[@Fashionseesta]

Great video! Thanks!

[@CloudNineSpain]

Glad you liked it!

[@billyohara239]

Thanks for the advice how do I find an agent

[@CloudNineSpain]

I would do some research online, see who is active and has the types of properties and locations that you are looking for. Speak to a few of them, see who is responsive, see who you get along with. Let us know how you get on!

[@billyohara239]

@CloudNineSpain thanks

[@222drewdrew]

very useful info,,, thanks

[@CloudNineSpain]

Glad it was helpful!

[@mattdawson9294]

Hi sean, im really looking into spanish investments, im fairly new to this (not spain) and would like as much advice as possible, do you have any time to discuss these questions i have please.

[@CloudNineSpain]

Please email [e-mail], many thanks Matt

[@yvonfem]

The only investement in spain is a bad one if you can afford to walk away when things go wrong thats fine the life style is great

[@christinecrowley5689]

So the buyer pays tax on the property ,but if i was to resell that property, do i still have to pay tax again.

[@CloudNineSpain]

Hi Christine - when you re-sell the property, you would be liable for agency fees, legal fees and tax on any capital gain made if it´s not your permanent residence. These are fairly uniform fees in real estate across Europe. Hope this helps!

[@alexfry8985]

Welche Orte in Estepona sind zu empfehlen für eine Kurzzeitvermietung?

[@CloudNineSpain]

Sorry our German is a little rusty.

[@MidnightExpressMC]

@@CloudNineSpain😂

[@kenbyrne1355]

Sound advice thanks

[@CloudNineSpain]

Glad it was helpful!

[@jackeaton2804]

Hi, I was just wondering if you have any thought on David Lloyds Signature homes in Spain? Are they legit??

[@CloudNineSpain]

We´re probably not the best people to ask as it´s not something happening on our patch. With any branded developments, I would urge prospective buyers to check out the terms of the operating contract, i.e. how long is the brand committed to the project? And what would happen if David Lloyd ended their involvement.

[@jackeaton2804]

@@CloudNineSpainthank you!

[@Schnuffi666]

Great info

[@CloudNineSpain]

Thanks!

[@creandolibertadfinanciera1366]

Thank u … can u recommend a broker ? And a agente inmobiliario that can help me ../ looking to buy a property Valencia or Alicante Thank u

[@CloudNineSpain]

If you are looking in Alicante we can help, we have a team up there. If you email Sean with your requirements he can advise [e-mail]

[@surfboard_teether]

Hi Simon, I want to buy land in the Canary Islands with my smsf I’m from Australia Can you help me ?

[@CloudNineSpain]

Hi there, we only work on the Costa del Sol and Costa Blanca I am afraid!

[@BasicBeachCommunity1]

On point

[@saga4646]

Can americans be approved for mortgages in spain?

[@CloudNineSpain]

Yes, absolutely, but better to use a mortgage broker who can introduce you to the more US-friendly lenders.

[@Guilia11]

You may never know the value of that little money you have until you go bankrupt the bad experience I had last year really made me feel our school curriculum should have more financial literacy and education... It is never enough to have a good job, a huge salary and all the luxuries at your disposal,... But putting some money aside and investing it wisely is never a bad idea,... I learned to invest, no matter how small but life really taught me the hard way.... Investing gives you an edge over tomorrow.... I hope everyone learns too God bless you in your efforts to educate others, it is always interesting to watch your contents.

[@CloudNineSpain]

Thanks for your kind words Guilia - much appreciated. Investing is never easy. Hopefully we´ve been able to help a few people along the way!

[@toniguy4635]

That's where I'm at, been left some money and I'm researching everything I can to see what I can invest in. It's a nightmare

[@VistaRealEstate-gu9ou]

Hi there !im interested to buy 1bedroom apartment in spain where foreigners are allowed to do so,how can i reach out to your company for further guidlines ?

[@CloudNineSpain]

you can reach is via [e-mail] thanks!

[@fernandowang9541]

Sean, I need your contact info

[@CloudNineSpain]

[e-mail]

[@Redaoran]

Wih the 90 day rule There's no point buying properties in ES.

[@CarlosAlberto-ii1li]

First thing is if a Brit is involved.......walk away

[@CloudNineSpain]

Oooh, that´s a bit harsh!

[@ykgina031205]

👍👍👍