Rent To Buy

Have you Heard of Rent to Buy? Do you know how it works? Here is how!

SELLERS

Do you have a property on the market which isn't getting as much interest as you would like? well Rent to Buy may work for you. On the rent to buy scheme our aim is to get you very close or the asking price. You are in control from the start, by setting the Rent to buy term normally a minimum of 2 years, the deposit you would like along with the monthly rent.

During the term set, the buyers are responsible for all bills on the property including community fees but excluding the suma (as this keeps the property in your name until completion) over the term all the rent and deposit is deducted from the purchase price and at the end of the term the balance would be due through the notary as in a normal sale.

This is all done through a legal contract between the sellers and buyers Lawyers.

BUYERS

Are you looking to buy a Property in Spain but don't want to go through the banks, or your waiting for some expected income then Rent to Buy could be for you.

This enables you to buy a property over a set term with no added interest. The purchase price remains the same from the start to the end of the term. You will need to pay a deposit which is normally a minimum of 10% however this varies depending on the property along with the length of the term and the monthly rent.

During the term you would be responsible for the bills and the upkeep of the property.

Does this all sound straight forward? Guess what it is.

For more information on selling or buying please contact us.