Buying a house or a flat in Alicante is something that we can get relatively easy and it is that there is a great variety of real estate and associations that can help us in it. But, we must be clear that it is not the same to ask for a mortgage in a bank for a resident that for the person who only comes to spend a few days in the city. In the same way, we must keep in mind that there are certain requirements to be fulfilled when obtaining a loan. And lastly, even if we had the money to buy the house, there are a number of steps we must take to do so. To make everything simpler, we tell you the steps and the procedures to go through.
Buying a home with a mortgage
If we want to buy a house in Alicante and we want to do it with a mortgage, the banks will ask us for certain economic guarantees. On the one hand, we must have the residence and an account in the bank to be able to request the mortgage. But, in addition, we must be able to present proof of income.
If we have payroll, this will be the documentary that will be taken as reference. On the other hand, we must take into account that, in the case of the self-employed, they will be asked for the income statements, in addition to the quarterly taxes.
If we are pensioners, the bank will have proof of the income we receive and we charge in Spain, which will be enough if we ask for the mortgage in the same bank. If we want to request it in another, we must provide this proof of income along with other documentation that we can request.
Steps to buy the house
Once we have seen the house we want to buy, we must contact the real estate company that has it on your list. Real estate is one of the best options we have to do these operations. They deal with a lot of paperwork, so it’s worth bearing in mind.
Although we have not seen any houses that we like, we can also get in touch with them so they start looking for what we like the most. This is a process that can take days or months, and it is that we must go looking at the houses until we find the one we really want to buy.
On the other hand, once we have it and want to buy it, it will be time to go to the bank. This is a process that we can do, but can also do the real estate if we are in another country or if we simply want them to take care of everything.
In case of having the money and we do not need mortgaged, we must go to the bank in the same way so that it makes the transfer or the operation that we have agreed with the real estate agent.
Once we have gone through the bank, provided the necessary documentation, etc., the bank will tell us the amount of mortgage that grants us, as well as the conditions for it. In case of accepting them, we must go to a notary to sign the sale. In this case, it will be necessary for future owners to be present, as the real estate can not do so unless they are given powers, which is often expensive.
And, once signed, we have nothing left to enjoy our house.