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15 years of success on the market allows us to judge the needs of most Europeans when purchasing a property in Gran Canaria in a very precise manner. One of our observations is that the existing properties are not sufficient for our customers requirements. For this reason, we started promoting and selecting our own new buildings of luxury apartments. Success has shown that we are right. This success is due to the fact that our new buildings have many value-adding elements, some of which could be summarised as follows:

Building and equipment quality:
The materials and the modern most complete equipment fulfill a high European standard. The buyer can choose most of the equipment and decorative elements.

Selected locations:
We choose our plots so they are in a quiet area and enjoy panoramic views.

Privacy:
The community of owners has a reduced size privacy is therefore guaranteed.

Our new buildings are already the ideal second home for many customers. 

Remember:
HEALTH AND QUALITY OF LIFE ARE THE BEST INVESTMENTS YOU CAN MAKE!

INTRODUCTION TO PROPERTY PURCHASE IN SPAIN
The process of purchasing a property on the Canary Islands is similar to the process in any other European country. There are however some differences. Although we would like to discuss every detail with you personally we hope this paragraph will help you get a first orientation:
You Take The Decision To Purchase A Property, What Do You Do?
Once you have decided for a particular property, you can reserve the property by entering a private contract of option to purchase and making a down payment in general 10% of the purchase price. The contract of option to purchase includes all the important purchase conditions: Purchase Price, Latest Date For Completion, Transmittance Of The Property Free Of Charges, Inventory List Of The Furniture, Etc. Both parties Buyer and Seller are equally obliged, i.e. if one of the parties is not fulfilling the contract, they have to pay an indemnity to the other party.
Notary Conveyance:
The property is officially transmitted to the Buyer at the signature of the Deed of Conveyance (Escritura Pública de Compraventa) before a Notary Public; simultaneously the buyer pays the total purchase price. The Notary Public receives The Land Registry Office information about the property and certifies this in the deed. He advises both parties on their rights and duties, especially on tax matters. The Deed of Conveyance must then be presented at the Land Registry for its registration, this process takes 1 to 3 months.
Taxes And Legal Fees Related To The Purchase:
Following are the main features of this chapter: Purchase Tax, Notary's and Land Registry's fees, Handling Fees and Transactions. On average one has to reckon 8-10% of the purchase price, however we will make you a detailed estimate on each particular property you are interested in.
Yearly Costs:
Also after having bought the property there are taxes payable (Land Tax, Income tax, Wealth Tax). Generally these are relatively low in Spain, they do not represent a high yearly charge. If the property belongs to a complex with community facilities ("Comunidad"), there will also be a maintenance fee to pay for these. In each particular case, we will inform you in detail about these and other matters, insurance, etc.

 
 
 
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