Purchase Process

How to Buy Property in or near Barcelona

purchase process barcelona

If you need one, applying for a mortgage with a Spanish bank is the first step. They lend to foreign buyers. Mark Carr of Spain Advisors explains mortgage requirements and terms.

 

You found the property you want to buy. Call us to reserve it.

A nice property at a good price won’t last long.

We’ll call the agent, see the property, start negotiating the price, and reserve it in your name. If an agreement is reached, we’ll manage the purchase process. We advise you not to sign a document until we see it. It’s a foreign country with home rules and ‘fine print’ that you should know about.

spain purchase process

Our Purchase Service

We have several years of experience managing property purchases in and near Barcelona. Below is a summary of the process.

Mortgage

If you need a loan, this is the first step.

Read more

Property Found

We call the agent to visit the property, negotiate the price, and reserve it.

Read more

Due Diligence

Make sure the property is safe to buy.

Read more

Contracts & Closing

Negotiate the pre-sales contract with conditions to protect you.

Read more

A view from Barceloneta

Noah bought here in 2017

“My experience was fine. I looked for about 8 months in Raval, Gothic, Gracia, and Barceloneta. Most of the agents don’t speak much English, so I couldn’t get complete information …

Read Testimonial

Due Diligence. A must in Barcelona. We investigate the property thoroughly to be sure it’s safe to buy. 

This includes:

  • Confirm the property’s true owner and that all elements (terraces, etc.) on the property are declared.
  • Find unpaid mortgages and liens. All debts on the property must be paid or the buyer assumes them.
  • Investigate the property’s condition and repair history. The owners must pay a % of building repairs. We can recommend an architect for inspection and renovation possibilities. 
  • Research zoning laws and use restrictions that affect the property.

For some advice, check our articles

The TOTAL Cost of Buying Property in Barcelona

The Arras Contract in Spain

Visa d’or d’Espanya

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