Casa Quest is where you’ll find one of the largest selections of property for sale in the Canary Islands. It covers Tenerife, Lanzarote, Fuerteventura and Gran Canaria. This unique website displays thousands of properties from some of the best real estate agents on the islands.
Using the most up to date search technology, Casa Quest have created a site where you can search through all properties on site and build up a portfolio before contacting the real estate agent representing the properties.
With Casa Quest you get an unbiased view of the whole buying and selling process. It’s an information site aimed at providing the most honest and up to date information regarding property for sale in the Canary Islands.
New Developments in the Canary Islands
Investing in a new development can bring about substantial returns on investment. They often increase in value significantly before completion. In most cases you’ll have to pay in stages, therefore only needing a small mortgage. There’s a wealth of information and support about new developments on the internet.
Here’s just some of the latest new development you’ll find online…
1 Bed Apartment in Costa del Silencio
These are the last two one-bedroom apartments left on this brand new quiet residential complex. The complex is situated near the sea. Viewing is highly recommended.
Price: €101.350 EUR
1 Bed Apartment in Callao Salvaje
Brand new one-bedroom apartments situated in the quiet residential area of Callao Salvaje. Finished to a high standard with quality materials.
Price: €116.500 EUR
The Purchase Process (Buying a property in Spain)
Doing the research
Firstly, decide on which one of these paradise islands you’d like to buy property on. Is it to be a home or an investment? Find out about the state of the market as well as facilities, weather, transport, schooling, etc.
Think realistically about the type of property you can afford. Look at a variety of different properties within your price range; this will give you a broader knowledge of current market values.
Once you’ve drawn up your shortlist of properties take a couple of weeks off and spend it in your chosen location.
Buying the property
This is where you make an offer subject to contract. The solicitor will help draw up the purchase contract and a deposit will be paid.
Once the offer has been accepted, the solicitor will prepare the ‘Title Deeds’ (Escritura).
This will need to be signed in front of a Spanish “Notary” – which is someone who works as both a lawyer and a public official. He/she will make sure that the conveyance deed is drawn up correctly and will witness the signing. The notary also collects the fees and taxes.
Once the balance of the purchase price has been paid and witnessed by the notary, the sale is complete.
After the purchase
The notary will then arrange for the details of the title deeds to be sent to the local land registry for official registration.