Professional Real Estate Associations in Spain
Economic/Political Profile
For additional information and research reports on the commercial market in Netherlands, click here,
http://www.joneslanglasalle.nl/Netherlands/NL-NL/Pages/research.aspx
http://www.dtz.nl/en/page_en.asp?id=100660
http://www.colliers.nl/index.php?sid=87&l=eng
http://www.cbre.eu/emea_en/research/report_results
http://www.cushwake.com/cwmbs4q09/pdf/netherlands_off_4q09.pdf
For additional research on the residential market in the Netherlands, click here
http://www.rics.org/site/download_feed.aspx?fileID=6026&fileExtension=PDF
For Information on housing oriented for the international community,click here
http://www.expatica.com/nl/housing.html
Databanks of property value indices for the Netherlands,click here
http://www.ipd.com/GlobalNetwork/IPDinEurope/Netherlands/tabid/464/Default.aspx
Online catalogue of the Real Estate Information Centre, offering over 35,000 titles about real estate. These include articles, full text publications, reports, and statistical data,click here
http://www.vastgoedkennis.nl/search.aspx
Ministry of Housing, Spatial Planning and Development,click here
Financing a Property
For resources about financing property in Spain, click here
http://www.abc-property.com/article.asp?idarticle=276
http://www.propertyshowrooms.com/spain/property/investment/spanish-investment-property-mortgages.asp
Market Conditions
For information on residential and commercial property market conditions in Spain, click here
http://www.joneslanglasalle.es/spain/es-es/Pages/research.aspx
http://www.colliers.com/Markets/Spain/MarketReports/
http://www.cbre.eu/emea_en/research/report_results
Buying a Property
Foreigners are permitted to own property in Spain and are granted the same rights, obligations and restrictions as Spanish nationals. Fee simple ownership is permitted but foreigner are advised to check local government authorities for ownership issues such as taxation, restrictive covenants, etc Separate buyer and seller agency is not common in Spain, and most agents represent both parties. The foreign agent who wishes to represent his/her buyer should obtain a written agreement with the listing agent outlining duties and responsibilities of each agent and determine the method of payment of commission and amounts, at the beginning of the negotiations. The real estate agent generally works on a commission basis, not a salary. Commission is generally paid by the seller at the time of the buyer’s signing of final documents at the Notary Public office. It is important for cooperating agents to obtain a written agreement with the seller’s agent prior to closing of the transaction. Escrow (Handling of Trust Funds): Traditionally, the buyer and seller have met at the Notary Public’s office to sign the deed and to exchange funds and deliver possession of the property. With increasing sophistication in the marketplace, some agents have established trust accounts and manage third party funds for release upon the performance of conditions. Currently no bonds or errors and omissions insurance are available in Spain to protect these funds. Some companies in the country have established escrow services as third party neutral agents, and certain U.S. title insurance companies are now offering escrow services through their U.S.-based escrow accounts when used in conjunction with the issuance of a policy of title insurance. Since agent management of third party funds is a new area in Spain, foreign parties should check carefully on costs, operating procedures, and the reputation of those who will be handling the funds in a transnational operation. For detailed information and professional advice about buying a property in Spain, consult a member of ICREA’s member association, AEGI. For a full roster of AEGI members operating throughout Spain, click here (link to ICREA Member Directory)
For detailed information and professional advice about buying a property in Sweden, consult a member of ICREA’s member association, Mäklarsamfundet. For a full roster of member Mäklarsamfundet is operating throughout Sweden, click here (link to ICREA Membership Directory.
For additional resources on buying property in Spain, click here
Other Industry Sources
For other government and industry resources, click here,
