If you are thinking of buying a property on the Costa del Sol, the first thing you need to do is choose a Real Estate agency.

The real estate agency you choose shoud have...

• experience and knowledge of the Spanish real estate market in general and specifically the Costa del Sol.
  
• a large portfolio of properties to offer you the best choice.
  
• highly qualified staff in all areas of their business.
  
• staff that speak the most important European languages as well as the Spanish autonomy languages, to enable them to attend you in the language you prefer.
  
• a Guarantee that your purchase will have no hidden surprises.
  
• be with you throughout the whole purchase process.

We fulfil all of these requirements, making the ageny for even the most demanding clients.

The stages of a property purchase with Garu.

1) After finding out the details of the type of property you wish to buy, the agent will show you a wide range of possibilities and advise you of the advantages and disadvantages of each property.

When you are interested in a property, do not hesitate to ask your agent details of any household charges, counsel tax, community charges, as well as details of title deeds and mortgage.

2) Once you have decided on a property, the office manager will explain in detail the costs of the purchase. The amount of the costs will depend on the characteristics of the property (new, resale, commercial premises, plot...) and the buyer (company, individual, age and financial status).

It is very important that you leave this meeting understanding clearly how much the property will cost you.

When you have made the decision to buy, the manager will ask you to leave a deposit so as to take the property off the market and make sure that it cannot be sold to another buyer.


3) When the deposit has been made, the financial/legal team at GARU will do all the necessary investigations with the property register to assure you that you are buying the property from the real owner and that there are no hidden charges.

If you need a mortgage, GARU will take care of everything. We will supply several banks with all the necessary paperwork, we will arrange an evaluation in your name and provide the lowest interest rate for you.

4) Two weeks after the deposit has been placed, you will have to add to it to make up 10% of the purchase price.

Finally, on the day of signing the title deeds, one of our legal/financial consultants will accompany you to the Notary to sign the contract of the property. The notary will ask the Land Register to fax a copy of the latest data of the property to confirm the owner’s name and that there are no debts being passed on. Once you sign the contract and pay the rest of the price, you will receive the keys of the property. The Notary will then fax the Land Register your details to avoid the property being sold twice.

The property is now yours. For consistency you must register your title deed. Garu can take care of this if you so wish as well as putting your name on household bills and local property taxes.

If you wish to have a lawyer with you at the purchase, you should estimate the cost between 1% and 2% of the purchase price. Garu can put you in contact with lawyers that have a good reputation that can also speak your language.

In any case GARU will offer you, completely free, a 20 year title deed guarantee. (Guarantee subject to conditions of insurance policy of financial loss. Property title. Proprietor type (ref. CEPP0901).

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