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Safe Purchase Spain gives confidence to buyers

29th December 2009 Print

“Safe Purchase Spain” is the biggest thing to happen to Spain for years” says Des Rowson, Committee member of NAEA International including FOPDAC, Chairman of NAEA Essex and Senior Partner of DLR Properties Overseas, specialists in the sale of homes in Spain.

“For the last few years Spain has had its fair share of bad press and coupled with the recent monetary problems around the world, has suffered as a result”, says Des. “Spain is a huge country and thousands of homes have been sold over the years to many people who thoroughly enjoy their holiday or retirement home in the sun. However, it is not their stories that make the headlines; those who unfortunately have ownership problems do make the press and, for those caught up with these difficulties, it is a costly procedure.

Therefore when I was approached by Ian Hawkins, MD of the newly launched “Safe Purchase Spain”, I felt that immediately he had understood that confidence is the only thing lacking in the Spanish property market. Buyers want to know that if by any remote chance they should be caught up in legal wrangles over ownership then they have this excellent insurance as back up”.

Added Ian Hawkins, MD, Safe Purchase Spain, “As an experienced professional for many years, Des speaks volumes for the industry and clearly understands the value of providing confidence to property buyers. The NAEA International Code of Ethics provides the basis of all Safe Purchase Agents’ statements of professionalism and integrity.

Safe Purchase Spain is operating in Spain, Balearics and Canary Islands and provides a network of accredited estate agents who include insurance protection in every sale. The Safe Purchase Guarantee includes cover against fraud, identity theft, illegal building licenses, demolition orders, community disputes, unfair quotas, hidden defects, vendors and builders debts, administrative procedures, access problems, hidden leases, defective property sizes, border disputes, land registry inscription problems, illegal vendors and much more.

It is underwritten by Caser Seguros, one of Spain’s largest residential insurance companies and provides cover for 20 years from the first day of ownership and up to 360,000 euros in compensation for monetary losses.

The Safe Purchase Guarantee provides:

20 years protection based on the 130 year old US model of title insurance

Free home contents insurance for 12 months

Annual savings of up to 25% on home, health, life, car and funeral insurances

Preferential advertising rates with holidaylettings.co.uk

Guaranteed exchange rates and savings on bank charges with Moneycorp

Concluded Ian, “I genuinely believe that “Safe Purchase Spain” is the way forward for those who want to buy property in Spain. We already have English, Spanish, German and Dutch agents in our network which underlines the value that Safe Purchase offers to buyers of all nationalities.

It is a wonderful country, loved and respected by many. Despite the rise in popularity of other property hotspots in Europe, Spain remains a tried and trusted favourite. One also has to add that due to economic circumstances there are now some exceptional bargains too so anyone seriously looking to buy abroad, should consider Spain and look for a house or an agency with the Safe Purchase Spain logo”.

For more information, visit safepurchasespain.com.