Ball Park Figure
#1
Forum Regular
Thread Starter
Joined: Jun 2017
Posts: 75
Ball Park Figure
Me again
Yes I know we said we would rent first and we will. But on the buying front. We have been reading the forum and on the buying front.
If we seen something for sale say 100k for the sake of the argument.
I know its hard but with negotiations and all fees what would you guess would be the final cost for us.
Second question as a cash buyer how long would the hole process take from viewing to getting keys
Yes I know we said we would rent first and we will. But on the buying front. We have been reading the forum and on the buying front.
If we seen something for sale say 100k for the sake of the argument.
I know its hard but with negotiations and all fees what would you guess would be the final cost for us.
Second question as a cash buyer how long would the hole process take from viewing to getting keys
#2
BE Forum Addict
Joined: Apr 2010
Location: London (mainly)/Oliva
Posts: 2,137
Re: Ball Park Figure
Me again
Yes I know we said we would rent first and we will. But on the buying front. We have been reading the forum and on the buying front.
If we seen something for sale say 100k for the sake of the argument.
I know its hard but with negotiations and all fees what would you guess would be the final cost for us.
Second question as a cash buyer how long would the hole process take from viewing to getting keys
Yes I know we said we would rent first and we will. But on the buying front. We have been reading the forum and on the buying front.
If we seen something for sale say 100k for the sake of the argument.
I know its hard but with negotiations and all fees what would you guess would be the final cost for us.
Second question as a cash buyer how long would the hole process take from viewing to getting keys
Buying and selling costs are expensive so you need to be as sure as you can be that you have bought the right price for you.
You should look ahead and ask yourselves whether the property will suit you as you get older. eg proximity of shops, transport, walkability and the like.
#3
Forum Regular
Joined: Nov 2013
Posts: 289
Re: Ball Park Figure
Me again
Yes I know we said we would rent first and we will. But on the buying front. We have been reading the forum and on the buying front.
If we seen something for sale say 100k for the sake of the argument.
I know its hard but with negotiations and all fees what would you guess would be the final cost for us.
Second question as a cash buyer how long would the hole process take from viewing to getting keys
Yes I know we said we would rent first and we will. But on the buying front. We have been reading the forum and on the buying front.
If we seen something for sale say 100k for the sake of the argument.
I know its hard but with negotiations and all fees what would you guess would be the final cost for us.
Second question as a cash buyer how long would the hole process take from viewing to getting keys
If you are buying from a Brit you can usually negotiate a lower price, depending on circumstances. The Spanish are less likely to give a discount. We've noticed that the prices are starting to creep up, along with the number of sales, in our area. Having said that, I would rent first to confirm that the area you are looking at is right for you. It would cost an extra 20% to buy & sell if you get it wrong.
Good luck
#4
Re: Ball Park Figure
Me again
Yes I know we said we would rent first and we will. But on the buying front. We have been reading the forum and on the buying front.
If we seen something for sale say 100k for the sake of the argument.
I know its hard but with negotiations and all fees what would you guess would be the final cost for us.
Second question as a cash buyer how long would the hole process take from viewing to getting keys
Yes I know we said we would rent first and we will. But on the buying front. We have been reading the forum and on the buying front.
If we seen something for sale say 100k for the sake of the argument.
I know its hard but with negotiations and all fees what would you guess would be the final cost for us.
Second question as a cash buyer how long would the hole process take from viewing to getting keys
#5
Forum Regular
Joined: Sep 2015
Posts: 170
Re: Ball Park Figure
You could also argue that if a place is on sale for €100k, it would be likely that you could buy it for 10% less - the same as the cost of legals and taxes. As a general rule, try thinking that the price you see in the agent's ad ought to be the price you end up paying all in.
#6
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Joined: Aug 2012
Location: Granada Province
Posts: 549
Re: Ball Park Figure
You could also argue that if a place is on sale for €100k, it would be likely that you could buy it for 10% less - the same as the cost of legals and taxes. As a general rule, try thinking that the price you see in the agent's ad ought to be the price you end up paying all in.
I think 15% on top of your purchase price will do it.