Questions and answers
What can you offer - and what does it cost?
1. We can offer ALL homes advertised on finn.no (not just our own ads) and idealista.
2. We have extensive experience in the market and very good feedback.
3. We work for you for free - the developer / seller pays us for our work.
Who secures the purchase?
Buying a home abroad is exciting, but at the same time we know that it can feel both complicated and a little scary. Getting to grips with bureaucracy, laws and tax regulations can be difficult - especially if you don't speak the language. When you have found the right home for you, it is important that someone secures the purchase primarily in terms of ownership and encumbrances and arranges all the practicalities.
You are free to choose who you want to use as legal advisor. Spain1 has its own legal department (Spain1 Legal) which takes care of all the legal aspects of the property transfer itself, and helps with everything from creating an account in a Spanish bank, to applying for N.I.E. number, take out house insurance, make a will and submit a Spanish tax return.
What is a NIE number?
NIE number (Numero de Identidad Extranjero) corresponds to Norwegians' social security number and always starts with an "X" or "Y" followed by seven numbers and a letter. The number is not transferable and it does not expire.
As well as being crucial for any fiscal transactions in Spain, such as buying a home, the NIE number is also required to carry out almost any practical task in Spain, from receiving a package in the post to opening a Spanish bank account.
Taxes and costs on purchase?
The price of new homes is stated without VAT. The total costs in connection with the purchase of new buildings will be approximately 13.5%. Including 10% VAT, 1.5% document fee as well as notary costs, registration in the Spanish property register and legal representation.
If you buy a second-hand property, no document tax is paid and you can count on approx. 12-13% in costs. Including 10% transfer tax, notary fees, registration in the Spanish property register and legal representation.
What homes does Spain1 sell?
In Spain, there is an open housing market, which means that many brokers sell the same homes. In Norway, it is common for one broker to sell one home, but here there are many of us. When you search for a home on finn.no or on other sites, you may have noticed that the exact same home and new build project is listed by several estate agents.
For you as a customer, the process is greatly simplified. You don't have to deal with several different actors, and deal with a broker who does all the work for you. If you see relevant homes advertised by other brokers, you can send us the link and we will provide you with information / show you the homes.
