Ciudad Quesada Property For Sale
The importance of earnest money contracts on the purchase of housing: types, differences and consequences
The sale of housing is usually initiated through a first installment of money, commonly called signal or reserve, which is intended to ensure that such housing will be for the buyer and not for no other person.
This signal or reserve, which is formalized through a document whose legal name is the earnest money, will be, in principle, the first payment of the price of one of the most significant financial outlays that makes a person or a family unit.
There are different types differentiated by doctrine and defined by the Supreme Court arras. The importance of knowing lies in the different consequences that occur depending on whether you sign one or the other, consequences will be determined mainly by the content that is given in the wording.
Confirmatory, criminal and penitential: And so, three types of arras allowed.
1. Confirmatory Arras.
They are those that are proof of perfection or conclusion of the sales contract and are a sign of their celebration. the price is agreed, delivery is on account of this and do not allow to withdraw in case of default. They are a real guarantee for both the buyer who wants it, and the seller, that future sales will be done.
In the event of default, the aggrieved buyer may choose to enforce or resolution, with compensation for damages in the latter case, provided that such damages are tested.
2. Criminal Arras.
Its purpose is securing the contract by the threat posed to the defaulter economic loss: represent compensation for damages, but do not prevent the enforcement of the obligation. While the latter case and to compensation and compliance requirement, the court may moderate the amount of the first, if it is a partial default. Therefore, if one violates the terms and obligations of the contract it is the buyer will lose the amount paid, whereas if it is the seller who fails, it must return so bent the amount received.
3. Penitential Arras.
Also called arras of withdrawal, constitute a lawful for the parties to unilaterally disengage from the contract by means loss or bent restitution. They are those usually intended use and that, in principle, are in every mind of seller and buyer, although they are exceptional. That is, if not expressed clearly its consequences, or the provision of the Civil Code which are regulated (Article 1454) mentioned, we face other arras.
Attentive therefore to sign a pledge, since before the recognized diversity, both doctrine and jurisprudence have been understood that, in the absence of express indication in the contracts, delivering arras has a purely confirmatory function or payment a part of the final price.
Ciudad Quesada Property For Sale
Living in a peaceful environment, surrounded by nature and with quality services is possible if you explore our Ciudad Quesada Property For Sale options. This residential area, located on the Southern Costa Blanca within the municipality of Rojales, has long been the preferred destination for European buyers seeking sun, sea, and golf in equal measure.
Ciudad Quesada stands out for its privileged Mediterranean climate, with over 300 days of sunshine per year. Its moderate altitude allows you to enjoy unobstructed views of the natural surroundings, the La Mata salt flats, and even the sea on clear days. Additionally, it is only 10 minutes from the beaches of Guardamar del Segura and less than 40 minutes from Alicante airport.
Those who choose to live here value:
- International and welcoming atmosphere, perfect for easy integration.
- Wide gastronomic and commercial offer, with restaurants, supermarkets, banks, and pharmacies.
- Green and sports areas, such as Parque Recorral and golf courses.
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Good road connections to Alicante, Elche, Torrevieja, and Murcia.
It is no coincidence that the demand for homes for sale in Ciudad Quesada is on the rise. Here, you are not just buying a house, you are gaining a better quality of life.
Property Types Available: Charming Homes with All Amenities
Exploring our selection of Ciudad Quesada Property For Sale , you will discover properties for every taste and lifestyle. From luxury villas to Mediterranean-style chalets, charming townhouses, or modern apartments, all our homes are located in well-maintained residential areas with excellent sunlight exposure.
Our properties stand out for offering:
- Private or community swimming pool to relax during the summer.
- Spacious gardens and terraces, ideal for outdoor dining.
- Appliances, air conditioning, heating, and modern finishes.
- Views of the natural surroundings or the golf course.
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Privileged locations: close to services, green areas, and golf courses.
Whether you are looking for a second home, a real estate investment, or your next permanent residence, Ciudad Quesada has the perfect home for you. We also offer new-build and resale properties, all ready to make you fall in love.
Vincent Real Estate: Experts in Helping You Find Your Ideal Home
Are you interested in any of our Ciudad Quesada Property For Sale? At Vincent Real Estate, we assist you throughout the entire process: from the initial search to the signing of the purchase, with a professional team that speaks your language and knows the local market perfectly.
Our agents specialize in foreign clients, so we know how to make buying a home in Spain easier for you: legal advice, coordination of visits, document management, personalized support, and much more.
Additionally, many of our properties are exclusive, meaning you won’t find them at other agencies. And if any of them catch your eye, book your visit as soon as possible! In this area, attractive homes don’t stay available for long.
Email: info@vincent-realestate.com
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UK Phone: +44 208 0998997 | ES Phone: +34 966 712 440
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