Wednesday, Feb 08th
Last update05:25:37 PM GMT
Clear and complete information
The property certificate and your title deeds will contain a very detailed description of your property and the whole building. Restrictions will be put in place to guarantee the uniform appearance of the complex. While you are absent, the management company will be entitled to take all decisions to guarantee the proper use and value of your property.
Imagine you have just found the property of your dreams. How do you go about purchasing it? Many potential buyers are afraid that the legal and financial aspects of buying a property involve a long and stressful process, especially when buying a property in a foreign country from an unknown party. What documents do I need? How do I pay? Is my payment safe? What financial guarantees are there? What should I do to avoid potential problems? These are all questions commonly asked.
At Baobab Domains, the buying process is safe and easy. All documents comply with the legal requirements for property development. Each deposit you make is assured, and our solid financial foundation gives you an extra level of guarantee. You reap the benefit of our experience in construction and our knowledge of the rental market.
Furniture is drawn to scale on our plans. More importantly, the stated surface area of each property includes only the interior build areas, excluding the terrace or any communal areas. This point can make a significant difference when comparing properties, as a square metre is not the same everywhere you go!
The first step of your purchase involves signing a private sale contract and management contract. The contract of sale meets all legal requirements and includes all necessary details, such as exact description of the property, its location and price etc. Through the management contract the owners appoint Rent2ndTenerife S.L . as the company responsible for managing the lettings. At the second step, when the building is completed, the title deeds are signed in front of the notary and inscribed with your name into the land register.
Baobab Domains could not be the development it is without the immeasurable support and experience of our local partner, SecondhomeTenerife. Founded in 1994, SecondhomeTenerife has been operating in Tenerife for 15 years, specialising in the administration of residential complexes in areas such as Costa Adeje, La Caleta, Fañabé and Palm-Mar. They are without equal in their ability to provide a stable, secure, growing network, which not only looks after and promotes your property, but also ensures continuing good management of the complex and a continuous flow of guests. Through the management contract, their daughter company Rent2ndhomeTenerife S.L. will provide management for a minimum term of 10 years.
Our sales manager will listen attentively to your wishes and aims, and help you decide which property meets your needs. Purchasing a property is a very important decision, one which must be considered carefully. It is essential that you are well informed and we believe that if you have all the information to be able to make a fair comparison, you will ultimately choose Baobab Domains. What we offer is unique throughout the whole of Europe.
