Wednesday, November 08, 2006

Notaries in Spain

Here in our neck of the woods we are still busy running back and forth in and around Valencia with sales of properties and overlooking refurbishments with runny noses to match. Yes, sorry to say that colds have run through our office with a vengeance, but you can now get close to us again as coughs and sneezes have left us.
For those of you who like statistics, here are some good ones which landed on my desk not long ago:
In Germany you would have to pay a notary 600 € on a 100.000€ property for the paperwork on the purchase, whereas here in Spain the average would be 264 €.
The Spanish government have brought out a new price list for notaries reducing the cost which will come into force in 2007 i.e.;
30€ per page of escritura, 341€ for the purchase of a 250.000 € property etc.

Valencia golf Clubs


There always seems to be an answer for everything doesn't there? While the green party will downcast, as estate agents we should be celebrating as will anybody lucky enough to have properties close to where new golf courses which once were just projects could now become reality. Those in our areas which have now been approved on 19.10.06 are – Náquera, Pobla de Vallbona, Lliria, Picassent, El Puig, Burriana, etc.
For yet another slant on the topic Sr. Ramón Dávila, president of Promoter in Andalucía was on 2nd Nov. responding to critics in Almeria on the amount of Golf courses in the south of Spain and their effect on the environment and their excessive use of water on Spain's low water reserves. Sr. Dávila answered that in Andalucía there are 100 Golf clubs which use a total of 250.000 cubic metres of water. This amounts to 0.3% of the water consumed in Andalucía. If the Golf courses were closed its workers would be out of work which would affect the economy much more. He went on to state that golf is not only a sport, but that it is also a serious tourist attraction for mainly British golfers followed by Scandinavians from between October to April which is when their own climate changes. This means that hotels can stay open for the winter period which in turn means yearly contracts for employees instead of seasonal ones. The obvious knock on effects of more business for the surrounding areas were also pointed out by Sr. Dávila, as well as, the fact that golf tourists also stay longer than the average tourist, spend more, and of course golf courses do not have to be near the sea taking up valuable coastal land.
So there you have it – those with properties or land near the new golf courses can start counting their profits as the prices start going up!