Marina Caribe, Margarita, Caribbean
This superb Apart-hotel development comprises of studio's, one and two bedroom apartments, with 184 units in total and will operate as a hotel, but also offer all it's facilities for those simply seeking a fabulous holiday home in the southern Caribbean sunshine. Apartments with
1-2 Bedrooms
Prices From €65,250
( £45,000 approx )
Harbor Pointe, Florida, America
Harbor Pointe is a new development of just 96 luxury condominiums situated on the Peace River in Charlotte County, Southwest Florida. Condominiums with
3 Bedrooms
Prices From €413,457
( £285,000 approx )
Santuario del Lince, Costa de la Luz, Spain
At Lince Sanctuario we are offering stunning individually designed homes set in natural unspoilt surroundings, constructed to exacting standards by local artisans in a style preferred centuries ago, including a level of finish which will add every contemporary convenience.Villas with
4-5 Bedrooms
Prices From €1,250,000
( £862,000 approx )
Legal Advice
Once you have decided to buy a property abroad you should find a good lawyer for advice and assistance. Location+ local legal experts can guide you through the purchase of foreign property including any fees and taxes that are applicable.
Lawyers
The lawyer will ensure that the property has no associated debts owing and that the investment is safe and secure.
Your lawyer will also arrange connection of services such as gas, electricity and water and will also liaise with you on setting up direct debits or standing orders.
The lawyer will detail the exact costs associated with a specific property purchase, but as a general rule of thumb, add 10% to the purchase price for costs associated with property purchase in Spain (slightly less in Tenerife and Portugal).
This is made up of:
| IVA (VAT) | 7% |
| Stamp Duty | 1% |
| Lawyer | 1% |
| Notary and other disbursements | 1% |
| Total | 10% |
In Spain and Tenerife VAT is payable on the deposit payments but is recoverable if you assign your contract before your property has been built. In Portugal VAT is payable on property completion.
