Property
Hi all is it advisable to rent before buying a property .As we are not familiar with all areas and have a property to sell its very hard trying to visit different areas .
Hi all is it advisable to rent before buying a property .As we are not familiar with all areas and have a property to sell its very hard trying to visit different areas .
Posted: Thu Sep 14, 2017 4:11am
Legendary helpful member
From what you've said, it certainly sounds like you need to spend some time exploring the various areas. Renting out of season could be the way to do it, or you could also look at the deals some hotels do to try and maintain occupancy during off season times. That way you wouldn't need to spend time shopping and cooking, and could spend all your time exploring!
Posted: Thu Sep 14, 2017 5:18pm
Thanks Jim I will look into that .
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Posted: Wed Feb 15, 2023 10:08pm
I tried buying a property by signing arras contract and paid later on, after the five days given, the senia, does not said deposit, however, it clarify that I will lose or will be given double if seller does not fulfill sale.
Then my mother was not well now in hospital, I decided not to buy.
I requested please my deposit or senia refunded...
I am also asking for all past bills of gas and electricity and communal, etc IBI and also to send me an email, they only use WhatsApp, .. and the agency wouldn't pass me the seller lawyer's email details to ask for info..
However, I've paid the senia/deposit by my 18 years old daugther's bank account, how is the possibility, if any, to get my sena back, they do not call it deposit in the arras contract, if this can help me get out at all and recover my money?
Any advice of how to recover it and do not buy is very welcome,
Posted: Thu Feb 16, 2023 9:18am
Legendary helpful member
Welcome to the forum, when you post it’s advisable to start a new thread rather than tag onto something unrelated as you’ll get more response that way.
I don’t quite understand what you’re trying to say
If you purchase a property you need to place a deposit. The initial amount can vary as it’s a holding fee, so let’s say 3000€. Then you need to pay the balance so that your solicitor has a 10% deposit (usually) at 28 days. If you as the buyer withdraws, you lose what ever you have paid either the holding fee or full deposit. You will obviously still be liable for legal fees.
If a seller withdraws that’s when double the deposit is returned. However this is all dependent in what was originally agreed, when you decided to purchase. If no variables were discussed, then the normal rule applies.
So if you as a buyer pulls out of a sale, you’ve lost your money.
Not sure why you want access to utility bills on a property you are not purchasing.
You need to contact your solicitor to explain the situation to you and confirm your rights.
Posted: Thu Feb 16, 2023 9:57am
Super helpful member
Totally recommend that you rent before committing to buy especially without any knowledge of the areas or people who reside there. Treat the experience similar as if you were buying a home where you currently live. Visit potential areas during both day and night to observe what happens at that location(s). The following links hold a plethora of information:
https://www.gov.uk/guidance/how-to-buy-property-in-spain
https://wise.com/gb/blog/buy-property-in-spain
https://www.volawyers.com/how-to-buy-in-spain-a-guide-for-purchasers/
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