What will I need to purchase property in Spain?

Employed Applicants.

 

  • 1) Contract of employment.
  • 2) Letter from employer confirming position, length of service, annual income plus bonuses.
  • 3) Photo copies of wage slips for the last 3 months.
  • 4) Photocopies of P60 or equivalent tax returns for the last 2 YEARS.
  • 5) If employed in Spain, your latest copy of your declaration de la Renta plus details of any additional income.
  • 6) Any certificates from accountants confirming drawings etc.

 

Self Employed.

 

  • 1) Certified letter from accountants confirming drawings from the business.
  • 2) Copies of the last years financial accounts (profit and Loss accounts plus balance sheets.
  • 3) Personal tax return documents i.e. ( P 60 and tax return documents i.e. self Assessment forms).

 

Additional information required.

 

  • 1) Full personal contact details, address, telephone number and fax numbers.
  • 2) Photocopies of valid passports.
  • 3) Full contact details of your bankers to enable us to obtain a bankers reference.
  • 4) Details of existing major liabilities ( mortgage, HP etc. detailing capital outstanding, terms of monthly requirements.
  • 5) Copy of the purchase contact of the property you wish to purchase here in Spain, stipulating the agreed purchase price.
  • 6) Any additional supporting documentation, which you may feel relevant for the bank to process your mortgage request.

 

• For both of the above you will need 6.000 € deposit to reserve your property it can either be a bankers draft on a credit card or cheque but if using a cheque here in Spain it could take upto ten days to clear.