Buying in Barcelona
Are you thinking of buying a property in Barcelona, but do not know how to go about it? Would you like some help in searching for the perfect apartment?
Do you need to get a NIE or open a Spanish bank account and don’t know how?
If so, Casamona International can help you. As an international company we all speak English and have employees who speak all the major languages, including Danish. Our contracts and agreements can be in English as well.
First step is to think about the financing and what the total cost will be.
When buying a property, you will have to consider:
The buying price
Notary fees: €500 – €1000
Transfer tax: 10 % of the buying price, (paid within 20 days after paying for the property at the notary)
Registration taxes : €1500 – €2000
You are purchasing a property for a €100.000 and you are above the age of 32. The apartment itself costs €100.000, however due to the transfer tax you will have to add another 10% to the value. The final price, including the costs of a notary and registration taxes, will be around €112.000 for acquiring the property.
If you need assistance with the buying process from a lawyer, then his fee will be roughly 1% of the buying price.
Before buying a property you need to know how and if you can finance it.
It is possible to pay by transfer or bank check.
Getting a mortgage in Spain:
If you are NOT a Spanish citizen, there can be difficulties getting a mortgage for more than 50% of the buying price.The bank will need to evaluate the flat (takes around 2 weeks) and the evaluation will often be lower than the market price. The evaluation of the apartment can be used to set the price, but is often not. However, the price evaluated by the bank will be the amount you can get a 50% loan of. Casamona can advice and help you with the process.
Getting a mortgage in your own country:
Casamona can help you get in contact with a mortgage specialist who can help you find the best solution.
Getting a NIE
1. What is a NIE?
The NIE or Numero de Identificacion de Extranjeros, is a document which permits you to sell or buy a property in Spain, as well as other services (health, bank and finance transactions, etc.).
The Casamona team offers a management contract in which we help our clients with practical stuff, such as a NIE, in order to ease the process of integrating themselves in the Spanish system.
2. How to get a NIE:
In order to obtain a NIE you can choose one of the following options:
If you are already in Spain, you can show up in person at the Foreigners Office at the police station and stand in line for a NIE.
Address: Rambla de Guipuscoa 74 in Barcelona.
There are four steps in the application process for the NIE:
You need an appointment (cita previa) for the Oficina de Extranjeros. You can get this here. Click on ‘Barcelona’ then ‘Certificados EU’.
Fill a NIE application form that can be found here:
For non-EU citizens, a proof of legal entry into Spain and two passport photos will be needed;
Assuming all your forms are correctly filled out and you have the correct documentation, you will be given pay slip, which must be taken to a bank to pay for the associated taxes (this is around €10.60).
Be aware, however, that many banks will only deal with this transaction between 8.30am and 10.30am, so be prepared to either get to the Foreigners’ Office early, or complete the process over two days. Once paid, you must take your stamped slip back to the office, where you will be able to process your NIE. You will be given the number, but will have to return in approximately one week to pick up the official paper.
At the Spanish embassy in your country;
In the case that you have a buyer’s agent contract, our team can help you with this process (cf : section 4.c)
Contact us at firstname.lastname@example.org
Casamona team is always happy to help with any questions concerning these matters.
Opening a Spanish Bank Account
In order to do this you will need a NIE and a valid passport.
Casamona can advise you on which bank to choose and how much is needed to pay their services.
Casamona can do this for you – if you have a buyer’s agent contract: more information in section 4(c) – Finding an apartment (Buyer’s agent contract).
At Casamona International we offer the Buyer Consultant service.
- If you are looking for an apartment in Barcelona – for more than 300.000 euros and need Casamona’s help through the whole buying process
- If you are looking for an apartment under €300.000 in Barcelona
- If you are looking for homes outside Barcelona
We would love to help you during the entire buying process – Learn more about the Buyers Package
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