Frequently asked Questions about Buying in Spain

What kind of Property in Spain does Iberian International sell?

Iberian International has a wide selection of properties for sale in Spain including Spanish villas, town houses, duplex, bungalows and apartments. Our properties in Spain are available in all types of locations from spectacular marinas to championship golf courses, along the coast and in the country. Iberian International offer Spanish properties you'll love at a price you can afford.

How often do you run inspection trips to view your Spanish property?

Iberian International run inspection trips every week from the UK, and all major European countries.These visits include accommodation in the Iberian International Hotel, all meals, transport, flights and courier service. The inspection trips are solely for those people who are travelling with the intention of viewing Iberian International's overseas properties with a potential to buy property in spain.

What can I expect from an inspection trip to Spain?

Trips are for prospective buyers who have a serious interest in property in Spain, in turn we guarantee "No Pressure". We only ask that you are in a position to buy if you find the right Spanish property. These visits are designed to show you the area, the lifestyle and also the cost of full-time or part-time living in this wonderful part of the world.

How do I pay for my Spanish Property?

Iberian International act solely in the capacity of developers. The following outlines the method of payment for new properties (without mortgage).

10% deposit on reservation of the property
€3,000 payable in Spain (holding deposit) balance of 10% to be paid within 14 days to UK Head Office in Leatherhead, Surrey
40% interim payment must be made within 30 days of the above
25% interim payment
25% balance of purchase price payable on completion.

Are there any additional costs for my Spanish property?

We suggest as a guide that you budget for additional costs of approximately 11% of the purchase price of your Spanish home. This includes (approximately):

7% IVA (Spanish Transfer Tax)
4% Legal Services, i.e. including Notary Fees, Abodago (Solicitors Fee) and Water/Electricity set up taxes
£275 Iberian International Administration Charges
Additional charges for electricity & water meters

How much will I expect to pay annually for my Spanish Property?

Annual costs for running a house or apartment in Spain are considerably lower than in the UK (approx £800-£1000 p.a. for a property). Costs vary according to the size of the Spanish property and how much it is in use. This includes:

Estimated charge for water
Estimated charge for electricity
Local rates
Community fees
House and contents insurance

Do I have to use a Spanish solicitor?

Yes, you must use a Spanish solicitor as they will have full knowledge of Spanish laws and how the system operates when purchasing property overseas. It is recommended that you find a solicitor that speaks good English and has excellent knowledge of the Spanish property market.

For further information on buying property in Spain, or for more information on our range of discounted spanish property, please call our International Property Consultants on

0800 542 4848