Where are we now post Brexit in Spain?
Are you thinking of a buying a holiday home in Spain? Well if you’re happy with 90 days in a 180 day period nothing has changed despite covid, brexit and the end of the transition period. You will probably be stuck in the UK thinking about your new place in the sun. This isn’t a bad situation to be in, reason being you get to look for places online you can see the places that haven’t sold, the euro is getting stronger and there is a reasonable possibility that prices will fall. So all in all not the worst position to be in.
What bout finding a place, there are the popular sites like Kyero, but private inviduals cant advertise on there, so no private bargains. Have a look on idealista, fotocasa and milanuncios. Great sites with apps and you can find something for you, whether it be Marbella or a place in the mountains for 25k. If you’re Spanish isn’t up to it one of our bilingual team will make the appointment for you. Dont sign or pay anything till we have seen the paperwork and dont be afraid to make a hard offer.
We’d say rent first, you get to know the real prices and test out the area. Some people buy properties without a viewing in real life, we advise against this but we can do it with a power of attorney. Whilst you remain in the United Kingdom. We include the NIE number and opening a bank account within our fees.
So what about residency or residencia as it is called. Well you need more money than before but that is basically it. There is the golden visa where you spend more than 500,000 euros on one or more private or commercial properties. for the first year you need private health insurance or you may qualify for say the S1, in the second year you can join the Spanish state health insurance system. Around 60e a month for under 65 and 120 a month for over 65, everyone accepted no need to worry about pre existing conditions. Of course private health care might be cheaper in year 2, so check this out.
If you’re thinking of buying, renting or moving to Spain have a look at our site on the link, you have a huge choice of lawyers, we have myself a native English speaking lawyers and huge team of lawyers with tax advice, property law, company formation, autonomo, everything you need in Spain. As always this isn’t legal advice so get in touch with us today for an online or in person consultation.
Just Law Solicitos est. 1992, all of Spain covered.
John Towell LLB (Hons) Director legal at Just Law Solicitors in Spain.
Just Law Solicitors is a team of professionals in Malaga (spain), recognised within their field . Experience and professionalism is a must
