Fuerteventura Estate Agent
When purchasing a new property you need an estate agent that you can trust especially if you are purchasing a property abroad. Carmen Villazán is the leading Fuerteventura Estate Agents. A family run firm with over twenty years experience in Fuerteventura real estate, our philosophy has always been to provide a complete service, giving you advice and offering you only quality properties. As the leading Fuerteventura Estate Agent we base our service on the satisfaction of our previous clients. There are many companies on Fuerteventura, Estate Agents who promise many things, but we feel that our track record speaks for itself. We have a wide portfolio of properties of only the highest standards and we pride ourselves on being able to match our clients to their ideal property whether it be for a holiday home, relocation or investment.
Our full service does not just include showing you our properties that are available. Whilst we are fully conversant in English, we are a Spanish family and as such understand the laws, red tape and peculiarities of purchasing a property in Fuerteventura very well.
The Spanish legal system is a little different from other European legal systems and it is possible to make the necessary checks and enquiries in a similar way to those made in the UK. There are many websites and programmes telling you about the pitfalls of buying property in Spain, but provided you have all the appropriate legal advice, purchasing a property in Spain is as safe as it is at home.
When purchasing a property in Spain there are several different types of contracts available and we are happy to discuss which one best suits your needs. It is customary in Spain for buyers to sign a preliminary agreement with a small payment that ensures the property is taken off the market. This is a signed contract which is legally binding to all parties.
When buying a new property the main things to be checked that we offer as part of our service are that:
- The vendors are the registered owners of the property.
- The legal description of the property and its boundaries is accurate.
- There are no debts, charges or mortgages attached to the property as you will then become liable for them.
- There is an outline planning permission and a building license.
- All bank guarantees or insurance policies will be issued to secure the payments made until completion of your property purchase.
The Canary Island Tax regime is slightly different than the one in mainland Spain and very different from that in the UK. The Canary Island government offer an incentive for buying property on Fuerteventura. For properties under construction the IGIC, which is what the Canary Island Tax is called, will be paid at 5% of the purchase price rather than the VAT at 7%. In addition to this you will also have to pay AJD or Document Tax at 0.5 % of the purchase price, rather than 1% as it is in mainland Spain.
All other paper work such as Land Registry, Title Deeds, wills etc that also needs to be done before the purchase of your property is completed, is included in our fully comprehensive service.