What do I need to know when buying property in Madrid?

"1. It is important to research the area you are interested in buying property in, to ensure it is the right fit for you. 2. Make sure to get a lawyer to help you with the legal aspects of the purchase. 3. Consider the cost of living in Madrid, as well as the taxes and fees associated with buying property. 4. Be aware of the different types of property available, such as apartments, villas, and townhouses. 5. Understand the process of obtaining a mortgage in Spain, if you are planning to finance the purchase. 6. Familiarize yourself with the Spanish real estate market, to ensure you are getting the best deal. 7. Make sure to get a surveyor to inspect the property before you buy it. 8. Be aware of the different types of contracts available, such as a private contract or a public deed. 9. Understand the different types of taxes associated with buying property in Spain, such as the Plusvalía tax. 10. Consider the different types of insurance you may need to purchase, such as home insurance," remarked another expat in Madrid, Spain.