Frequently Asked Questions
Can I get a Spanish mortgage?
Yes, depending on your personal circumstances you may be able to get a Spanish mortgage. Read our guide to getting a mortgage in Spain for more information.
Why move with Movehappy?
Our unique Movehappy package saves all of our clients up to €18,000!
Can you collect me from the airport when I come to view properties?
Usually yes, please just check with us to make sure we are free before booking your flights. Alicante and Murcia airports are covered. This service is complimentary.
Can you suggest somewhere to stay during my visit?
Yes we work with a number of great local hotels in both Alicante and Murcia regions.
Will we be given an itinerary of property viewings?
We will have discussed at length before your visit the properties you wish to view and we will organise an itinerary for you accordingly.
Will I be collected from my hotel for the viewings?
Yes we will always collect you from your hotel and of course drop you back once we are finished.
Will I be shown the local area?
Yes we have lived locally for nearly 20 years and will ensure you have a perfect understanding of the area you are buying in.
Will I have free time?
Yes, you will have the opportunity to be flexible and importantly time is set aside for you to reflect, relax and enjoy this beautiful area.
How do we know the builders we are seeing are reputable?
We have completed our due diligence and in many cases have worked with our select builders since we started in 2003.
Can I get my property cheaper with another Agent?
No, all property prices are set by the builder. There is only one price for all agents for all new build properties in Spain. For this reason we have created our Movehappy package to ensure you get the best deal.
Can I get my property cheaper directly from the Builder?
No, the Builder has identical prices to the Agent on all new build properties in Spain. For this reason we have created Movehappy for you to get the best deal.
I have found my property, what happens next?
We will reserve your chosen property. A reservation fee of between €3000 and €6000 is required at this stage, paid by card or transfer. This reservation fee is part of the overall cost of the property. You will be required to sign a reservation document confirming your will to purchase the property. The builder also signs to agree to the sale.
What is the legal process?
Once the reservation fee has been paid and the contract has been signed the next step is to meet our English speaking lawyers. They will check the contract, take a copy of the contract and proof of the reservation payment.
We would then complete power of attorney giving your lawyer the necessary authorisations to carry out the purchase of your property on your behalf. This simplifies the whole process and means you do not have to return to Spain until the purchase is complete.
With the power of attorney we will apply for your NIE numbers. This is a tax identification number in Spain and is required before a purchase can be made.
We will check purchase contracts and manage deposits and all stage payments of the purchase.
Once the property is complete we will manage all completion payments and update the land registry details in Madrid.
What will the legal process cost me?
Nothing. The good news is, the above legal process is paid for by your Movehappy package.
What additional costs will I have?
Costs vary between the provinces of Alicante and Murcia and also on the purchase value but as a guide, please use the following:
- IVA (VAT) – 10%
- Stamp Dudty – 1.5% Alicante and 2% Murcia
- Notary and Land registry – €3000
- Utility connection (electricity and water) – €600
At the time of purchase a full breakdown of costs will be given to you by our legal team.
How do I open a Spanish bank account?
During your initial visit to Spain we will open your Spanish bank account with a local bank, who have a strong office network of English speaking staff and online banking in English.
How do I change my pounds into Euros?
We will introduce you to our currency partner. It takes just 5 minutes to open an account. They guarantee the best rates in the industry for our clients, and transfers are free of charge.
Do you offer an after sales service?
At Movehappy we endeavour to make your experience as a Spanish property homeowner enjoyable and stress free. Our dedicated multilingual aftercare team will provide you with a free lifetime aftercare service.
Have Another Question?
Your Movehappy team is standing by ready to answer any questions you may have! Get in touch, and we’ll provide you with everything you need to know!