Financing

Normally a 7% acquisition tax will need to be paid by the buyer at the moment of signing the public deed, plus 2-3% expenses for a solicitor, notary and transfer of the property in all registries in the new owner’s name or company.

If you need or want to take out a mortgage on the property we can recommend a bank that will inform you about the actual conditions. Usually the bank sends an evaluator to the property and will accompany you to the notary when the mortgage will be entered in the documentation of the property. This is in most cases possible up to 70% of the valuation. The bank will need your passport, your earning slips for the past three months and your actual taxable yearly salary.