50% in Advance, the rest when signing the deed.

• Dealing with the Estate agent.
• Assuring you get the Energy certificate & the occupation certificate with the Architect.
• We make sure you buy: Freehold, no mortgages, no debts, no charges, no tenants and no occupants.
• Legal advice.
• Contract of sale.
• Arranging the Spanish fiscal numbers (“N.I.E.”).
• I.E. registration in Treasury.
• Purchase Deed at the Notary Public.
• Full representation and management by Power of Attorney, in which case you would have to add 300€ + 63€ ( 21% VATax ) = 363€ to cover Notary Public expenses, translator and legal fees, all payable to MCH SOLICITORS by banking transfer. Should you wish to revoke the P.O.A. you may do it at any time by going to any Notary Public in the world and paying him about 80€. The P.O.A. save you time, troubles and money ( flight tickets, hotels, etc. )
• Dealing with all the taxes on behalf of you.
• Setting up utility bills new contracts & direct debits.
• Local rates (IBI SUMA) ownership changing & direct debit.

Therefore, As a buyer, you only have to pay:

IF YOU NEED A SPANISH MORTGAGE, you should add:

• Setting up bank commission: approx. 1 %  of the loan amount.
• Real estate survey: 300€ v.a.tax included approx.
• Life insurance: 800€ / year approx.
• Home insurance: 300€ / year approx.
• Legal fees: 450€ + 94,50€ (21% V.A.Tax) = 544,50€.
•  

For instance: Selling price of a resale property 140.000€ obtaining an Spanish mortgage of 90.000€.

Purchase expenses example: 

     – Selling price: 140.000€

     – 10% tax : 14.000€

     – 1.076,90€ to MCH SOLICITORS + 363 € P.O.A. if wanted

     – Notary expenses: From 1.000€ up to 2.500€.

     – Land registry expenses: From 450€ up to 850€.

     – Bank check charge = 300 € approx.

               Purchase total expenses 159.089,90€ approx.

Mortgage expenses example: 

     – Setting up: 900€ (average of 1% of the loan amount).

      – Survey : 300€ approx.

      – Legal fees: 450€ +94,50€ (21% V.A.Tax) = 544,50€.

                  Mortgage total expenses =1.744,50€.

                  Lump sum purchase + mortgage example: 160.834,40€ approx. + 363 € P.O.A. if wanted.

• Purchase price over 200.000 €  FULL  legal & fiscal pack to MCH SOLICITORS = 0,5% of the purchase  price + 21% iva.