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14 de octubre de 2020
Info Bahia Tenerife
Who holds the 10% deposit when buying a property in Tenerife ?
Normally, the 10% deposit is held by the Real estate agency, until the signing of the title deed in the notary. In this way, if the seller desists to sign …
14 de octubre de 2020
Info Bahia Tenerife
Finally you have found the house you were looking for. What is the next step?
When you have found the property you were looking for, you need to get it off the market as soon as you can. You must sign a contract or letter …
14 de octubre de 2020
Info Bahia Tenerife
What are the extra fees and charges for buying a property in tenerife?
To buy a property in Tenerife, you must normally pay 10% of the property's sale price. Additionally you must pay: 1) 6.5% of taxes to the government by transfer of …