Resale investments
Bought primarily as a holiday home or full time residence, resale properties are becoming increasingly popular given the shortage of land in prime locations. As Spain has a year-round season, beach visitors in the summer and golfers in the winter, this produces excellent rental yields.

Our first recommendation to any client is to employ a solicitor who specialises in drawing conveyances with extensive experience and knowledge of all the legal and fiscal aspects of property transactions in Spain. Your decision to employ a solicitor will provide you with peace of mind and save you considerable expense in the future.

Once a solicitor has been chosen we will guide you through the pre-contract enquiries and searches. These will include the following;

1. An enquiry at the Land Registry to ensure that the person or company selling the property is the legitimate owner and is entitled to sell the property. A land charges search must also be made to reveal any adverse entries and ensure that the property is free of charges and encumbrances.

2. Enquiries must be made at the appropriate local authority departments (urban district council offices) to check that taxes and rates have been paid (residential Property Tax, which is similar to Council Tax, and refuse collection charges).

3. When purchasing a property from a previous owner the solicitor shall ensure the vendor is up to date with all condominium charges (service charges for maintenance of the building or development), electricity, water, telephone bills etc.

Locations 4 u is a specialist in Resale properties in Spain.

The benefit of buying a Resale property in Spain is that they often represent very good value especially in the resort areas where many Resale properties in Spain are sold fully furnished.

When purchasing a Resale property in Spain especially on a development it is always advisable to speak to people who already live there to find out the plans for the area and any problems there might be with that area.

Why not let Locations 4 u find you your ideal Resale Property in Spain.