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Mortgage on your property in Spain with 3 years suspended payment

ByTheSea estate agents can offer you now in collaboration with a large Spanish bank a very interesting mortgage on various new build projects on the Costa Blanca.

The mortgage offered has 3 years suspended payment of rent and amortization on the mortgage, after these 3 years you will start paying the mortgage as if it is the first day of the mortgage. 3 years living for free in your new house.

The maximum of the mortgage is 70% of the purchase price of the property, acceptance of the mortgage and the amount of mortgage given depends on the financial situation of the customer. This mortgage is available for selected new build properties in Spain, the property can be used for permanent residence and holiday home and both Spanish as not Spanish customers can apply for this mortgage.

The new build properties that we can offer this mortgage on are key-ready. There are apartments, townhouses and a few villa´s available with this 3 years suspended mortgage payment. Very often we receive new projects where we can offer this mortgage on, just ask us for more information.

Some examples of properties where we can offer you this mortgage on you will find below:

The acceptance of the mortgage is always subject to the financial situation of the customer, the bank will make  a personal study of the financial situation with the financial documentation of each the customer.

Are you interested in this mortgage and would you like to enjoy your new home for 3 years without paying any mortgage? Contact ByTheSea estate agents on: Taco Albertsma 0034-687527472, 0034-966695613 or taco@bythesea.es

The Padron, inhabitants registry in Spain

What is the Padron why do you need it? The Padron is the official register of all inhabitants of a region or city. In Spain it is required for everybody staying permanent in Spain (not being on holiday) to be registered in the Padron if the place where he lives.In order to register you will need to identify yourself and to demonstrate that you have the right to reside at the address that you want to register on. This is for registration as home owner as well a for a renter.

A. In the case that the property is yours and you want to register in the Padron you will need to take the following documents:

* Title deeds of the property

* Identification, passport and NIE number

* The filled in official application form

B. In the case that the property is not yours but you rent it or you stay with family for example, you will need the following:

* Rental contract when it is a rented home

* When there is no rental contract available there is a form that you can apply for at the Padron office. This form needs to be filled in by the owner of the property and handed in together with a copy of the passport of ID card with the NIE number. This form is to confirm that the owner agrees on you living at that address.

* The filled in official application form

In same cases the registration office of the Padron can ask for more documentation.

In all cases you will needs to supply them with the following details:

* First name and last name

* Gender

* Residential address

* Nationality

* Place of birth and date of birth

* Identitynumber of your passport/ID card and NIE number

Why is it important to register in the Padon?

Thanks to the details from the Padron the city hall knows how many inhabitants a city or region has and how it is composed. This way the city hall can deside to take certain actions that benefit the inhabitants of a city or region. For instance hiring an extra doctor for the medical centre or opening a school. When you are registered in the Padron you also have the right to vote on the local elections, this is for both inhabitants with the Spanish nationality as inhabitants that don´t have the Spanish nationality.

When you situation changes:

When for instance you move to another city you will have to register yourself in the Padron of the new city. When you go to register there you inform them which area you came from and they will take of informing the registration office wher you were registered. If you need for some reason a proof that you are no longer registered in the area you will have to go the registration office to de-register before leaving the area, they will then give you a document stating that a no longer registered as an inhabitant of that area.

When you change of recidence address in the same town you will have to report that to the registration office of Padron.

The ones that decide to leave Spain to go and live in another country need to go the Padron office to report that. Then you will be de-registered and you will receive a document stating that you are no longer an inhabitant of that region.

What profits do you have from registering in the Padron?

* You will have the roght to vote on the local elections of your cityhall.

* When you have children you will be able to send them to a school near your home

* A GP in the medical centre of your area

You will also need to hand in a copy of the registration in Padron when you apply for certain Spanish documents, for instance when you apply for a Spanish driver license.

NIE number

¿What is the NIE?

The NIE (Número de Identificación de Extranjeros) is an identification number for foreigners in Spain. With foreigners we mean everybody that doesn´t have the Spanish nationality, being from a country that is a member of the European Union and being from a country that is not a member of the European Union.

The NIE, is a personal, unique and exclusive identification number, the number can only be given out by the general direction of the National Police and the Civil Guard.

¿For what do you need the NIE?

The NIE is for those that want to come to Spain to live or to have a relation with Spain for a social, economical or professional interest.

For example, the NIE number permits the holder of the number to work inside the Spanish territory, buy or sell a house or company registered in Spain, ask for a mortgage to a Spanish bank, start a company, pay tax, etc. For all these things you will need to identify yourself with NIE number.

¿How and where can you apply for the NIE number?

The NIE you can apply for inside Spain and outside Spain. In both cases it has to be the one that needs the number in person explaining his motives to apply for the NIE number. In the case that you want another person to apply for your NIE number through a power of attorney, we of ByTheSea recommend that in this case you always contract a solicitor to do this on your be halve.

You can apply for the NIE number inside Spain or in the country where you live in the Spanish embassy or consulate.

The time that it takes to get the NIE number varies from 1 day until various weeks; this depending on the police station where you have applied. When you wish to apply through the Spanish embassy your country you should count on several months to receive the NIE number.

What do you need to obtain a NIE number:

* Official application form

* Passport, both for EU citizens as not EU citizens

* Documentation to proof your motives for application

* Official fees, paid in a Spanish bank

In the case that you apply for the NIE number in Spain you need documents proving that you are not staying in Spain in a not legal way.