The process of purchasing real estate

The property purchase process in Spain with BARNES Madrid
BARNES is a global benchmark in the luxury real estate sector, with a well-established presence in the Spanish market. As a specialist in the high-end real estate market, BARNES Madrid accompanies you at every stage of your purchase process, ensuring that your real estate investment in Spain is carried out under the best conditions.
Key factors when buying a property in Spain
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Define the budget
It is crucial to clearly define the budget allocated to the purchase. If you do not have all the capital, it may be necessary to take out a loan.
At BARNES Madrid, we recommend first confirming with your bank the amount you can obtain, including additional costs such as potential renovations or improvements to the property.
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Nature of the real estate project
The nature of your purchase will determine the search criteria. If you are looking for a primary residence, a second home, or a rental investment, your needs may vary.
For example, for a second home, proximity to schools will not be as important as it is for a primary residence.
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Ideal location of the property
One of the most important factors to consider is the location. BARNES Madrid will help you choose between properties in the countryside, city center, or exclusive neighborhoods. You will also decide whether you prefer a house, an apartment, a renovated property with character, or new construction.
The location has a significant impact on the long-term value of your investment.
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Personalized search criteria
From the start of your project, it is important to define the specific details you are looking for in a property: number of bedrooms, living area, plot size, orientation, tranquility, and noise tolerance.
If you are looking for panoramic views or proximity to the sea, at BARNES Madrid we will ensure that the selection of properties matches your wishes.
Our team of specialized consultants is available to offer you personalized advice, whether by phone, by email, or at our offices.
Legal safeguards that protect the buyer in Spain
Buying a property in Spain with BARNES Madrid not only ensures the selection of the best real estate, but also legal protection. Two important measures protect the buyer:
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Solidarity and Urban Renewal Law (SRU Law of 2000)
This law grants the buyer a 10-day period to cancel the purchase commitment without penalty. If they decide to withdraw within this period, the deposit will be refunded in full.
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Financing contingency
According to Article L 312-16 of the Consumer Code, if the buyer does not obtain the requested mortgage, they may cancel the contract without penalty, provided this condition is stipulated in the agreement. In that case, the buyer recovers their deposit and is released from any obligation.
The property purchase process in Spain, especially in the luxury segment, can be complex, but with BARNES Madrid you will have the assurance of being guided by experts. From defining the budget to selecting the ideal property and complying with all legal regulations, our team will be by your side to ensure a safe and successful purchase.
BARNES: Your trusted partner for buying luxury properties in Spain.