Buying Process
No Fuss
We help you make the right decision when choosing your property.
We at Keys property Group are good listeners. You tell us your needs and your expectations and with our local knowledge we guide you to the best possible purchase for the lowest possible price. You are our client. We act in all circumstances in your interests. (Should you be a vendor the same level of transparency applies.)
No Stress
We deal with the legal and financial aspects.
We enjoy showing clients around one of the most beautiful areas of southern Spain. From the fincas in the hills behind us to the penthouses in the ports, the range and choice of properties is stunning. We want you to enjoy it too. When you make your choice and the price and conditions are agreed then the normal legal and financial procedures follow. Should you so wish we can offer you a choice of several reputable legal firms to handle the transaction and financial people for mortgage/banking advice etc.
No Anxiety
we avoid possible pitfalls with the minimum of fuss.
Normal legal procedure to conclude the purchase.
Step 1
We draw up a “reservation contract” signed by both parties. The buyer will pay a deposit of 6,000 euros. This guarantees the property is removed from the market. The contract will have stated the date of completion.
Step 2
If that date is within thirty days the next step is to sign the deed in the offices of a public Notary.
Step 3
If the agreed date of completion is later than 30 days normal procedure is to sign a “private purchase contract” and pay 10% of the purchase price, less the 6000 euros already paid.
Step 4
Completion of purchase. The final payment and exchange of keys takes place before a public notary who signs the new title deed. The notary’s office has already asked the Land Registry for a “nota simple continuada” which means the Property Registry is informed and is aware that a change of owners on this particular property will take place in this notary’s office. This is added protection for the buyer.
Step 5
Still in the office of the Notary, the buyer pays the vendor the final balance (normally bankers draft) and the vendor gives the keys of the property to the buyer.
Step 6
Registration of the change of owners is made in the Property registry. The Notary, on the same day of the signing, informs the Land Registry that the completion of the purchase has taken place. The deed now has to be taken physically to the registry in order to be properly registered.