Buying a Property

At Global SRC Consulting, we understand that purchasing a property involves various factors, including your objectives, residency desires, and tax considerations. Our comprehensive guidance ensures a smooth purchase process:

Purchase Price Negotiation

Utilizing our local knowledge and understanding of transaction situations, we negotiate the best price for the property, prioritizing maximizing the return on investment perspective of the purchase.

Due Diligence

Our due diligence process ensures that title and permissions are in order, and all property and vendor expenses are up to date or deducted from the seller’s funds at closing.

Arras Contract

The Arras Contract is a private but fully enforceable precontract arrangement. The purchaser typically pays a 10% deposit and has one to six months to complete the transaction, allowing time to finalize financing arrangements, conduct searches and due diligence, and organize the closure of the transaction.

Financing

While an offer is typically in place before the Arras Contract, details of any mortgage financing are finalized during this period. We consider additional financial factors to ensure the transaction remains cost-effective, avoiding unnecessary bank commissions and FX charges.

Final Escritura

The Final Escritura is signed before a local notary, with all parties involved in the transaction present. This includes the vendor, their mortgage provider, the real estate agent, the purchaser, their lender, and even the building or community president, along with all advisors. Our presence ensures a smooth process, guiding you through every step to ensure a seamless transaction.