08 May 2012 11:10 AM:

 Hi there,

In my opinion I would definately steer clear of buying without title deeds or habitation certificate. We own a lovely villa with a pool which is fully legal but if we had our time again and knew what we know now,  we would rent a property out there rather than buy. They are so cheap to rent and you don't have the hassle of trying to sell in the furture if you don't like the area. Also, the inheritance tax is horrendous if the inheritors are non residents as the tax is based on each inheritor. Unlike the UK where the estate is taxed if over £650,000.   We are currently on a swap website and are hoping to do a swap for a UK property. If we are lucky enough to get one, we will rent it out and the rent will pay for a rental home in spain.

Regard,

Sue Potts 

Thread: What Does awaiting Title Deeds mean

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