The supply of housing for sale in Spain has experienced notable growth in recent months. The new housing requirements arising from the pandemic, the immediate need for liquidity or economic uncertainty have forced many homeowners to hang up the ‘for sale’ sign and quickly look for a buyer for their primary or second home. However, […]Continue reading
Do you know what a deposit contract is? Also known as an earnest money contract, it is the legal documentation that allows you to reserve a property that you like before formalising the purchase contract. The truth is that it is a tool that is very often used in this type of situation, because it […]Continue reading
Now that Brexit has been and gone, and the United Kingdom is no longer part of the European Union, the circumstances for British buyers in Mallorca, Menorca and Ibiza have changed; but so to have the possibilities! Foreign buyers from outside the European Union have had a special exception made for them when it comes […]Continue reading
Despite the ongoing situation currently taking place in Mallorca as well as the rest of the world, many families are choosing to move house. To do so, they may have to sell the one they are living in to buy a new one, but what will happen to them if their buyer does not give […]Continue reading
The year is 2021 and Brexit has finally gone through. This means that a few things have definitely changed when it comes to buying abroad in Mallorca, Menorca or Ibiza. As the UK is no longer part of the European Union, the legalities of buying a property have become similar to those of someone from […]Continue reading
In real estate, when a deal is about to take place, an appraisal is used to determine the price of a property on the real estate market. Valuations are carried out by professionals approved by the Bank of Spain who analyse various values to determine the total value of the property. These actions are carried […]Continue reading
