Blog

You must get the NIE (identification number of foreigners) and pay a fee of € 12 at the police stationYou should also open a bank account (without the NIE you can not do it) to be able to transfer the total amount of the sale price in this account in …

Normally, the 10% deposit is held by the Real estate agency, until the signing of the title deed in the notary. In this way, if the seller desists to sign the title deed once the deposit is transferred, he must return double the amount received, and in case of desisting …

When you have found the property you were looking for, you need to get it off the market as soon as you can. You must sign a contract or letter of intent with the 10% deposit to get it off the market. But if you are on holidays, logically you …

To buy a property in Tenerife, you must normally pay 10% of the property's sale price.Additionally you must pay:1) 6.5% of taxes to the government by transfer of ownership over the sale price. For example 150,000 € 6.5% = 9750 €2) The inscription of the title dee in the notary …