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	<title>Almeria-Granada Magazine &#187; Property Articles</title>
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	<link>http://www.gallery.almeria-granada.com</link>
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		<title>For Sale &#8211; B&amp;B in the Sierra Nevada</title>
		<link>http://www.gallery.almeria-granada.com/for-sale-bb-in-the-sierra-nevada</link>
		<comments>http://www.gallery.almeria-granada.com/for-sale-bb-in-the-sierra-nevada#comments</comments>
		<pubDate>Fri, 17 Apr 2009 16:00:16 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Property Articles]]></category>
		<category><![CDATA[B&B]]></category>
		<category><![CDATA[For Sale]]></category>
		<category><![CDATA[Guest House]]></category>
		<category><![CDATA[Property]]></category>

		<guid isPermaLink="false">http://www.gallery.almeria-granada.com/?p=19</guid>
		<description><![CDATA[We just heard about this from the owner. This stunning large reformed Cortijo in the heart of the Sierra Nevada has just been reduced by over 100,000 euros in order to encourage a quick sale.
The property is located in the picturesque village of Mecina Bombaron in the area of Granada that includes the Sierra Nevada [...]]]></description>
			<content:encoded><![CDATA[<p>We just heard about this from the owner. This stunning large reformed Cortijo in the heart of the Sierra Nevada has just been reduced by over 100,000 euros in order to encourage a quick sale.</p>
<p>The property is located in the picturesque village of Mecina Bombaron in the area of Granada that includes the Sierra Nevada National Park and the Alpujaar Valley.</p>
[[Show as slideshow]]
<p>More details of the property:</p>
<p>Just reduced. Must sell quick.</p>
<p>Stunning 2 storey villa in the heart of the Sierra Nevada mountains complete with separate B&amp;B accommodation consisting of 2 self contained rooms with disabled toilets and town hall licences.</p>
<p>The ground floor of the property has been converted in to high quality horse stables with capacity for 4 horses, and is ideally positions for people who would enjoy horse trekking in the mountains.</p>
<p>The main accommodation consists of 2 bedrooms, a huge lounge dining area, an American style kitchen and a large bathroom. But this property is much more than that; there is a sunny terrace which runs the full length of the property and features stunning views down the valley. There is a paddock for the horses. The property has it&#8217;s own spring with flows in to a large drinking trough near the entrance to the main building.</p>
<p>There is an existing mortgage on this property which we understand could be passed on to the new owner.</p>
<p>This is a business, opportunity, a lifestyle change and a wonderful house, that has been reduced by almost 150,000 euros to encourage a quick sale.</p>
<h3 style="text-align: center;">Price is only 200,000 eruro.</h3>
<p> For more information on this property please contact Andy Stevenson Tel +34 616739435 or use our contact form:</p>
<p> </p>

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		<title>The Spanish buying process</title>
		<link>http://www.gallery.almeria-granada.com/the-spanish-buying-process</link>
		<comments>http://www.gallery.almeria-granada.com/the-spanish-buying-process#comments</comments>
		<pubDate>Sun, 08 Mar 2009 18:59:52 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Property Articles]]></category>
		<category><![CDATA[Buying Property]]></category>
		<category><![CDATA[Escrituras]]></category>
		<category><![CDATA[Solicitors]]></category>

		<guid isPermaLink="false">http://www.gallery.almeria-granada.com/?p=7</guid>
		<description><![CDATA[OK, so let&#8217;s presume that you have found a property that you like and want to own. What are the next steps and what potential pitfalls may be encountered before you can expect to own your dream home in Spain .
The first step would normally be a meeting with a solicitor. Most agents working within [...]]]></description>
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OK, so let&#8217;s presume that you have found a property that you like and want to own. What are the next steps and what potential pitfalls may be encountered before you can expect to own your dream home in Spain .</p>
<p>The first step would normally be a meeting with a solicitor. Most agents working within this web site will offer you the services of a local, reputable solicitor; this would usually be on the basis of an un-rewarded referral to guarantee prompt and attentive service for their legal charge.</p>
<p>During your first meeting your solicitor should explain to you the legal implications of your purchase. You will be told that normally you are required to place a small reserve on the property in order for the owner or developer to take the property off the market. Under Spanish law this is money which is conditionally un-refundable should you choose not to proceed with the purchase.</p>
<p>He will outline in detail his charges and what he will provide by way of service in return. This includes searches on the property to establish ownership and resolve outstanding debt, checking deeds (in Spain &#8216; Escrituras&#8217;) are in order and conform to the building and land being offered, in Spain these deeds are separate. He will also check building licenses are in order and that the owner or developer has satisfied any local planning conditions prior to offering the property for sale.</p>
<p>You can also expect that your solicitor handle any financial transactions on your behalf, although it is more practicable to allow him/her power of attorney over your bank account where funds are held, rather than to allow him to hold funds in &#8221;client accounts&#8221;.</p>
<p>So, reassured the purchase is sound, you go ahead and make an offer that the vendor accepts. A reserve of normally between 3,000 and 6,000 Euros is takes and the property is taken off the market.</p>
<p>You will now have 2 to 4 weeks to find the balance of 10% of the sale price to go to contracts. During this time your solicitor will receive and check the contracts of sale. If satisfactory the sale contracts will be signed and deposit taken and given to the vendor. From there on it is normally a further 2 to 4 weeks during which time a mortgage can be arranged and the Escritura drafted before you or your solicitor go before the notary (legal guardian working for the government) to have the sale completed.</p>
<p>On this day you will be required to provide funds to meet the sale price of the purchase. Between 60 and 80% can be covered by a mortgage (or Hipoteca in Spain ) depending on your circumstances and an acceptable valuation. You should allow for an additional 10% of the sale price of the property to cover fees and costs. The bulk of this being Spanish sales tax on new property or stamp duty in the case of resale&#8217;s, both levied at 7% of Escritura value. The other 3% is solicitor&#8217;s fees, notary fees and, land registry fees and charges. This may vary according to work required.</p>
<p>All fears and media panic aside; THE BUYING PROCESS in Spain is a fairly simple and painless one if you work with the right, professional and ethical suppliers. The aims of this web site are to assist the buyer in making that choice. Yes you can contact vendors directly and complete a sale without using a solicitor but it is not recommended and is potentially fraught with anxiety for a novice or experienced purchaser alike. If you have any questions on this subject or are seeking further advice please contact our admin team.</p>
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