Important contacts in Tenerife
Often, having found their new holiday home, many purchasers are eager to proceed and in their haste to become the new owner assume that by merely paying the vendor for the property that all will turn out well in the end.
There is no substitute for correct legal advice and you should engage the services of an Abogado (Spanish Solicitor) who speaks fluent English.
The Notary is a public official. All property sales transactions and purchases in Spain are required to be registered in a local deed registry and the title deed (Escritura de Compraventa) must be prepared by the Notary. Both the seller and the buyer then sign this deed in the Notary's presence.
The function of a professional Estate Agent in Tenerife is far more comprehensive than that of an Estate Agent in the United Kingdom. It is, therefore, of paramount importance that you choose an agent who is reputable, displays a high degree of professionalism and has a range of services and property portfolio on offer.
Often overlooked the Spanish Bank Manager can be a valuable source of information on property matters once you have found your ideal home.