- +34 636 383 338
- info@barcelonahomehunter.com
- Barcelona, Spain
We created the Guide To Buying Property In Barcelona because it can be a complex process, and yes, their are some shady characters out there, but with our team of experts, we’ll help guide you every step of the way. From choosing the perfect location to navigating the legal process, we’re here to help. Trust us to make your dream of owning property in Barcelona a reality.
Real Estate Services
Our real estate team in Barcelona provides top-quality services to make your property buying experience smooth and hassle-free. From selecting properties, to contract signing, and all the steps in between, we are here to guide you. Let us be your Guide To Buying Property In Barcelona
American Real Estate Experts In Barcelona
Barcelona is a vibrant city with plenty of diverse neighborhoods to choose from. Each neighborhood has its own unique charm and atmosphere, and it’s important to find the one that suits your lifestyle.
Discover the hidden gems and local hotspots that make each neighborhood special, and find the perfect place to call home in Barcelona.
We begin by understanding the type of property you want to buy, including the price range and preferred location. This initial consultation helps us tailor our search to meet your specific needs and preferences.
Our team will find properties that match your criteria and arrange appointment options for you to view these properties. We utilize our extensive network and resources to ensure you have access to the best options available.
We will accompany you to the property viewings to provide insights and answer any questions you may have. Additionally, we can view properties on your behalf before you see them in person, ensuring they meet your standards and expectations.
We will advise you on the negotiation of the price, terms, and dates. Our expertise in the market allows us to secure the best possible deal for you, ensuring a smooth and favorable transaction.
We assist and accompany you in making the 'Good Faith Deposit' or 'Earnest Money', known in Spain as the "Arras". We will also guide you through the final closing at the Notary office, known as the "Escritura", ensuring all legal and financial aspects are handled correctly.
We can recommend an English-speaking lawyer, appraiser, accountant, architect, and construction company if needed. These professionals will provide additional support and expertise throughout the buying process.
We can help you prepare for and obtain a Spanish bank account and Tax Identification Number, known as the "NIE", if needed. This is essential for completing the purchase and managing your property in Spain.
During viewings, we will ask all relevant questions and advise you on the best areas for investment. Our goal is to ensure you make an informed decision that aligns with your investment goals and lifestyle preferences.
Mortgage Pre-Approval: If using a mortgage, it’s advisable to have it pre-approved with a Spanish bank. This can streamline the buying process and provide clarity on your budget. Need help? We know people. Pro Tip – Get more than one offer, and expect to take a month, or two. You will also need to get your bank documents, certified translations into Spanish. Generally this will be cheaper to do in the States, but not always. And if you need help, we are here. We know the people. In our experience very few American lenders will make a mortgage in Europe (and the few who do charge a major premium). We know English speaking mortgage brokers in Spain if you need help.
NIE: The NIE (Número de Identificación de Extranjero) is a unique identification number assigned to foreigners in Spain who need to interact with the Spanish authorities for legal, financial, or administrative purposes. Need help? We know people. If you are doing an investment property, we can help you with this. If you will be moving here, we can connect you with a great visa lawyer.
Open a Spanish Bank Account: Open a Spanish bank account to facilitate transactions. Ensure you have funds available for the earnest money deposit, typically 10% of the purchase price.
Submit an Offer:We will assist you in making an offer on the property. And advise you if you want to negotiate the terms such as price, closing date, and contingencies.
Payment of Earnest Money: Once your offer is accepted, you will be required to pay the earnest money deposit, known as the contrato de arras, usually 10% of the purchase price. This deposit is held in the seller’s agency’s escrow account and will be credited to the sale at closing.
Finalizing the Sale: The closing process, known as the Escritura, involves the final deed signing and payments. This takes place at the Notary office and is mutually agreed upon between the buyer and seller.
Timeline: The timeframe for closing can vary depending on various factors such as mortgage arrangements, seller circumstances, and agreement between parties. While you could close in as little as a few weeks, on average, it takes 2 to 4 months.
10% of the purchase price, though for new builds in Barcelona, it is 11.5%.
Origination, appraisal and inspection fees, typically run1.5% - 2% of purchase price
Approximately 1% of the purchase price, a bit higher with a mortgage
Typically ranges from €500 and up, depending on the complexity.
Range from 0.3% to 0.5% of the purchase price.
('Cheque Bancario') Varies by bank, ranges between €50 to €150.
We offer comprehensive support and guidance throughout the search and buying process. We'll provide detailed advice, help gather necessary paperwork, and keep you informed at every step. Our goal is to ensure a smooth, stress-free experience, enabling confident, well-informed decisions.
The Sellers Agent Represents the Seller. Always work with a dedicated Buyers Agent. We represent you, the buyer. Our sole purpose is to ensure your best interests are served throughout the purchasing process.
Please provide as much detail as possible in your message to help us understand your needs better. Such as the number of bedrooms needed, and your approximate viewing or moving time.
Submit the form and one of our agents will be in touch with you shortly.
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