BUYING REAL ESTATE

Buying Real Estate in the Canary Islands, Buyer's Agent 

Buying real estate in Fuerteventura? A smart investment! Thanks to the almost guaranteed sunshine throughout the year, the Canary Islands are a hotspot for tourists from all over Europe. With an average yearly temperature of 23°C, there is no low season, and rental prices remain stable all year round.

As a prospective buyer, we offer you various ways of collaboration. Our specialty is assisting buyers in their search for their dream home and providing them with comprehensive guidance throughout the entire purchasing process. In this capacity, we act as your buyer's agent. We become your personal and dedicated house hunter without having to consider our own listings or depend on specific real estate agencies or developers. Your dreams and expectations are our top priority. Additionally, we also offer an all-inclusive package of both practical and legal assistance during the purchasing process.

Occasionally, we also directly offer properties for sale. In this case, we operate as traditional real estate agents.

We want to emphasize the importance of conducting all of this in your native language. Therefore, we cater to Dutch-speaking, French-speaking, and English-speaking clients. What are you waiting for? Your paradise retreat in Fuerteventura awaits you!

Our different services as a real estate agent:

Check My Property 

Have you found your dream home or real estate project, but are you unsure about the accuracy of the provided details, the precision of the project presentation, or the match between the photos and reality? Let us, as your trusted advisor, visit the property before you take the leap yourself.

If you decide to proceed with the purchase, we can guide you through this complex process. You can find more information under "Legal and Practical Assistance in Real Estate Purchase."

Regional Prospecting

If you're not sure where you want to find your new home under the Canarian sun, we offer guided regional exploration. We have divided Fuerteventura into 3 regions. To explore each region, you can count on 1 day.

House Hunting

Turn to Canary Immo for a customized house hunt! After a free intake interview, we'll get to work and search for your place under the sun. We'll present you with at least 4 potential properties that closely match your expectations. There are no limitations in the offering because we work independently of real estate agencies or developers; only your dreams and expectations are our priority. If you decide to purchase one of the properties we find, our real estate purchase assistance will automatically start.

Legal and Practical Assistance in Real Estate Purchase

Finding your ideal place under the sun is one thing, but actually buying and using the property is another story. We guide you both practically and legally. Furthermore, we find it important to be able to communicate in your native language, which is why we primarily focus on Dutch-speaking, French-speaking, and English-speaking clients. This unique combination provides 360-degree all-inclusive assistance and 100% peace of mind. It's obvious that, as a purchasing agent, we personally handle the practical assistance. As for the legal guidance, we collaborate with a carefully selected partner who is specialized and renowned in this field. What tasks are included in this package? 

Practical Assistance:

• (Re)visiting the property or project you've chosen. 
• Mapping out the pros and cons and discussing them with you to ensure you're well-prepared. 
• Reviewing the sales conditions: price, down payment, availability, etc. 
• Assisting in price negotiations and, if possible, closing the deal.
•  Monitoring all aspects during the sales process in consultation with our legal advisor. 
• (If applicable) Monitoring construction work when purchasing a new construction project. Note that technical monitoring must be carried out by architects. 
• Advising and facilitating specific works or renovations: kitchens, bathrooms, solar panels, air conditioning, swimming pools, and garden landscaping. This includes requesting and negotiating quotes and helping to close contracts. Monitoring and facilitating the execution of these works is optional. 
• Advising on furniture, household items, lighting, curtains, internet, banking, insurance, etc., and recommending potential partners or suppliers. Facilitating and performing these tasks is also optional. 
• Advising on finances and rental possibilities. Always available for a listening ear and help when needed. 

Legal Assistance:

• (If desired) Applying for an NIE number. The NIE is a personal identification number, and without this number, it's impossible to buy real estate in Spain. 
• Tax payment. Unfortunately, buying real estate in Spain entails paying taxes. Since 2018, you must be pre-registered with the Spanish tax authorities to meet tax obligations in Spain. We arrange this for you. 
• Drafting the sales agreement. A purchase comes with a compromise, a contract. We draft this for you or review the compromise offered by the seller and safeguard your interests. Additionally, we ensure that you understand what you're buying and signing. 
• Debt check. In Spain and the Canary Islands, you can take over debts on real estate; these are not automatically cleared upon sale. Are there any existing mortgages and what about ongoing bills like water, electricity, comunidad, etc.? You must be sure you're buying completely debt-free. We check this for you. 
• Payments. There are various ways to settle the balance at the notary. We guide and facilitate this according to your preferences. 
• The notary. The role of a notary is very limited in Spain. The Spanish notary will prepare the deed based on the information we provide. They won't conduct research on the property you're buying! They're also not responsible for the transaction, the accuracy of the information, or the documentation provided! We watch over this for you. We make an appointment with the notary, verify the accuracy of the deed, and guide you through the signing of the deed and financial transaction. 
• Registration. Even on the Canary Islands, a real estate purchase must be registered with the relevant authorities. However, the notary doesn't do this automatically, and as the new owner, you're responsible for this. We ensure that this is arranged for you. Transfer taxes: After signing the authentic deed, you must handle the declaration and payment of this tax yourself. The notary doesn't take care of this. Of course, we ensure that this is arranged for you.
• Cadastre: You must inform the municipality and the cadastre of your new property. Annually, you will have to pay property tax, known as Ground Tax or Cadastre Income (KI), called Impuesto sobre los Bienes Inmuebles (IBI) or SUMA in some municipalities. For all our clients, we ensure that this tax is automatically collected from their bank account, so you never pay late and avoid fines.
• After the purchase: Congratulations, you are now the proud owner! But there are still many administrative matters to be dealt with. We also take care of these formalities, including:
  • Payment of the notary's bill 
  • Collecting your authentic deed from the notary 
  • Cancellation of the mortgage Payment of registration fees for registration 
  • Transfer of the water connection + signing of contract + direct debit of water bills 
  • Transfer of the electricity connection + signing of contract + direct debit of electricity bills 
  • Registration with the municipality for the Basura tax (waste collection) + direct debit of Basura 
  • Registration with the comunidad (homeowners association/syndicate) + direct debit of comunidad costs (if applicable)

DREAMING OF A HOME UNDER THE CANARY SUN? MAKE YOUR DREAM COME TRUE.

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