Spanish property consultancy launched to combat legal problems

Indeed, Spanish residential values have fallen by up to 40% from the market peak, offering good value for eager investors, but while now is the time to buy, caution and due diligence is necessary, advises Strategic & Buy.

The new company is launching its consultancy service with a warranty which in the event of problems with property title, questionable building permits, or debts secured against property, will ensure them against these risks for five years.

S&B’s service begins by identifying a shortlist of properties to meet the client’s needs, undertaking thorough investigations to ensure there are no construction problems or legal impediments, and investigating future urban or rural plans. It undertakes de-mystification and simplification of all Spanish property documentation, and provides supervision by a Spanish notary and a bi-lingual team to guide the buyer through the signing of all binding documentation and title deeds.

Sheena Campbell-Royle OBE, managing director of Strategic and Buy who is based in Barcelona says: “Now is a great time to be looking at Spanish residential property and with values having fallen by up to 40% there are many higher-grade houses and apartments on offer at exceptional value.

Gerald Bowey, London-based director of S&B says: “You need a team of experts in the Spanish market that are independent who not only offer you bi-lingual advice, but also tell you where the real opportunities are to be had.

“We can’t emphasise enough the importance of taking advice from a lawyer unconnected to the seller, estate agent or property developer, who is an integral part of that team.” adds Bowey.