PROPERTY RENT OR BUY, PALMA DE MALLORCA SPAIN.
We are very happy to recommend a village location and not a resort location, as this is what has worked for us, in
integrating into the community since 1999. Rent to buy is for persons who have come to the decision that the weather, locally grown food and
healthy relaxed environment combines to give a better
lifestyle for the whole family with
a high level of security and safety.
The main issues:
Rent to buy has the ability to stop the upward momentum of a properties rising price.
It allows both parties to plan around a future sales date.
It enables adjustment in all aspects of relocation, whether they be personal or for the whole family.
You get to know all about the property and its workings, neighbours and services instead of just buying and being left with a property to deal
with alone.
It develops a relationship from the day you sign the contract with a banker who more than likely knows the property.
It enables you to seek the best terms from the banking market, knowing exactly which property you intend to own.
From the outset the seller and the buyer agree the financial rent to buy terms in dispersal of funds at the point of sale date.
History has shown that rent to buy can be completed within 11 months but can have built in a further term which would be an extension period, for
the purchaser.
You can know what the best terms are now and work towards all the savings that Spain legally allows.
A rent to buy is always supervised with the relevant legal bodies under the law of Spain and is overseen by a lawyer who isfully conversant with
the home language of the purchaser.
The full enjoyment of rent to buy is only fully appreciated some weeks after the moving in period! with that extra paperwork which ensures
complete peace of mind.
Rent to buy is suitable for residents of Spain, European Union, eastern Europe and in fact all denominations who hold a valid right to obtain
certificate of residency.
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