Peter Spain

Tips On Tenerife Property Purchases


Purchasing real estate in Tenerife may be thought of as a daunting prospect by some, but this need not be the case. The following advice can go a long way toward making the dream of Tenerife property ownership a reality.

Obtaining The Help Of A Savvy Estate Agent

A key initial step is to secure the aid of a trustworthy estate agent who is able to walk you through the property buying experience. Those who attempt to buy in Tenerife without this sort of assistance may find it to be a difficult process indeed. Getting advice from those who are not well-schooled on what is required can make things much harder than they need to be.

Many properties are going to be on offer, and it is best to work with someone who has the best knowledge and inside information on the best properties available. Estate agents are great for finding the perfect property to fit your needs.

Making Your Choice

Identifying the right kind of property is critical, and you may not be able to do it on your own. Allow an agent to assist along the way, and it will not be long before you're making your decision. Verify that the details about the property are as advertised and that the purchase will go through without issues. An estate agent can make certain that every bit of documentation is in order and that the transaction is smooth.

Closing The Deal

To purchase a property in Spain generally and Tenerife in particular, these steps are required:

* Select the property

* Determine that taxes and property requirements are met and up to date

* Open a Tenerife bank account

* Sign a contrato de Arras (temporary agreement)

* Provide the N.I.E. number

* Execute the final purchase contract and have it notarised

* Remit all taxes due

* Finalise new registration of ownership

Tenerife estate agents are trained to help make all of the above steps go as seamlessly as possible. Availing yourself of this kind of assistance is the best way to ensure that the property buying experience in Tenerife is a great one and least stressful and troublesome.

Getting the help of a reputable and established estate agent allows you to spend more time enjoying the beautiful Tenerife weather.

Estate agents are trained to help make all of the above steps go as seamlessly as possible. Availing yourself of this kind of assistance is the best way to ensure that the property buying experience in Tenerife is a great one and least stressful and troublesome.

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