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If you are not a resident of Tenerife and considering purchasing a property, you’ll need to bear in mind that the legal steps and systems are different to follow from those you may have experienced in your country or city where you live now. It is essential to note that while several foreigners enjoy life in Spain, many who have bought properties from Tenerife Estate Agents in recent years now face serious problems with their homes/villas or apartments. The following advice is intended to assist you to attain the information you need to consider decision about buying property in Tenerife in Spain. Before you complete your Tenerife Property, you must ensure that the following- • First, you have watched out the Land Registry Extract available and checked it the following details. • Seller or Tenerife estate agents must be registered owner and the land and the property for sale in Tenerife must match the details registered. • Check if there are any charges or debt such as mortgage on the property. Registered estate agents in Tenerife will offer 100% mortgage. • Check whether the property is a legal bill or planning permission or not. You can be informed by the town hall whether the land or building has all licenses and permissions or not. You can also contact TenerifeEstateAgents.net for further details on properties for sale in Tenerife. • If you’re buying off-plan land or property, make sure that the property you’re going to buy has been certified as completed by a registered architect and as a new build in the property register. The registration certificate should also provide the details on developers insurance against structural and other defects in the construction. But if you’re going to buy private properties you’ll not need to file these details separately. • If you’re buying the Tenerife property built on rural land or land that is not classified for construction, must go through for additional information from the regional government. • Check the latest town plan restriction that is restricted by the government. • You should make sure you have some essential documents before buying any property for sale in Tenerife. For more information on the document list that you should have visit https://www.gov.uk/how-to-buy-property-in-spain. Everyone needs to stay their costs down once buying property in Spain. It’s comprehensible that prospective Spanish property house owners wish to make sure that the buying method takes as very little from their hard-earned savings as attainable. However, it’s a fine line between cutting your prices and risking that the group action isn’t completed properly. Too several Spanish home buyers have found to their price that the savings they thought they’d created have left them vulnerable. For instance, that the utility bills haven’t been transferred into the new name or that arrangements haven’t been created properly for tax to be paid. Unpaid taxes, like Spanish IBI (council tax) will produce issues for the long run. Ultimately you would possibly realize that you just not only have back tax to pay however fines and interest as well. So what are you able to do to form certain that everything is correctly in place for your new purchase? Using the proper professionals is the answer.
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