Spanish Properties with Rental Income Potential
Spanish Properties with Rental Income Potential

Why Choose PPG

For over twenty years we have built a network of the best professional agents in the most desirable locations. We offer our clients a tailored personal service, at no extra expense. We make sure that buying your overseas property, from initial viewings to final purchase, goes as smoothly as possible.

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Spanish Properties with Rental Income Potential

Guide to the Spanish Buying Process

1. Putting down a Holding Deposit
On finding a property you wish to purchase you will need to negotiate the terms, price and conditions of the sale with the owner. This part of the process is not binding. We would recommend using an independent English speaking legal advisor. Once a purchase price has been agreed, normally a holding or reserve deposit will be required to ensure the property is removed from the market. The sum required will vary between properties and will be based on the purchase price. A time limit for the preagreement to be signed will be arranged and there will also be legal checks to be made.

2. Setting up a Pre-agreement (Contrato privado de compraventa)
The pre-agreement will set out the conditions under which the Buyer and Seller agree to complete the purchase of the property and the price they have agreed upon. Relevant details will generally be included for example the property details, purchase price and the date for completion. A deposit will be required at this point, this will vary, but will generally be 10% of the agreed price. This agreement will include a penal clause if the sale does not go through. If the seller pulls out of the sale your compensation will be double the deposit you have paid, but if you decide not to go through with the sale then your deposit will be lost. Certain checks will need to be made before signing the contract, checks should be made against the title of the property, mortgage status and if the property has any debts held against it. The planning status should also be looked into. These conditions can be varied by the seller and the buyer and other types of agreement can be made.

3. The Contract (Escritura de compraventa)
Before a non-Spanish purchaser can buy a Spanish property they will need to have set up a Spanish bank account and obtained a Spanish tax number (NIE). The completion will take place in the presence of a Notary Public. This is a Spanish public official, by law the deed of sale must be witnessed by a Notary Public. You will also need your own independent, expert legal advisor to act on your behalf. On Completion the buyer must pay the balance, that is the price agreed after the deposit has been deducted, plus any other fees on the completion date. Both buyer and seller must sign the Escritura de compraventa contract, (this is the Spanish equivalent of the title deeds). The title deeds (escritura) will be given to the buyer, this will be done in the presence of a Notary Public, they will certify that the transfer has taken place. The tax office will be sent a copy and the property registry will be informed of the transfer.

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IMPORTANT - Disclaimer :
All information provided is believed to be current and provided free of charge. No liability can be accepted for the reliability of the information and statements made as this is obtained from 3rd parties. We always recommend you take legal advice from a fully qualified Lawyer or Notary before buying a property overseas.

324 properties

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3 bedroom townhouse for sale, Sierra Blanca, Marbella, Malaga Costa del Sol, Marbella Golden Mile

3 bedroom townhouse for sale, Sierra Blanca, Marbella, Malaga Costa del Sol, Marbella Golden Mile
1,490,000 EUR

3 bedroom townhouse for sale, Sierra Blanca, Marbella, Malaga Costa del Sol, Marbella Golden Mile

Modern and spacious 3 bedroom townhouse, with a total high specification living area of 267m2, set within an easy to maintain garden with panoramic sea views, locate in a quiet area within an exclusiv...

REF: 220790
  • Floor Size: 267 square metres
  • Bedrooms: 3
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5 bedroom villa for sale, Vera, Almeria Costa Almeria, Andalucia

5 bedroom villa for sale, Vera, Almeria Costa Almeria, Andalucia
645,000 EUR

5 bedroom villa for sale, Vera, Almeria Costa Almeria, Andalucia

Set in over 3 acres of land is this beautiful three bedroom villa with pool, separate apartment and restored cortijo, enjoying breathtaking views of the countryside and Cabrera and Bedar mountains.

REF: 220719
  • Floor Size: 554 square metres
  • Plot Size: 12,201 square metres (1.22 hectares / 3.01 acres)
  • Bedrooms: 5
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6 bedroom villa for sale, Mojacar, Almeria Costa Almeria, Andalucia

6 bedroom villa for sale, Mojacar, Almeria Costa Almeria, Andalucia
575,000 EUR

6 bedroom villa for sale, Mojacar, Almeria Costa Almeria, Andalucia

Unique opportunity to acquire a superb renovated 6 bedroom villa with large pool and two separate apartments, enjoying scenic mountain views, located in Mojacar near the beach and all amenities.

REF: 220717
  • Floor Size: 303 square metres
  • Plot Size: 2,356 square metres (0.24 hectares / 0.58 acres)
  • Bedrooms: 6
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5 bedroom villa for sale, Reserva Del Higueron Resort, Benalmadena, Malaga Costa del Sol, Andalucia

5 bedroom villa for sale, Reserva Del Higueron Resort, Benalmadena, Malaga Costa del Sol, Andalucia
2,500,000 EUR

5 bedroom villa for sale, Reserva Del Higueron Resort, Benalmadena, Malaga Costa del Sol, Andalucia

Recently reduced in price, this ultramodern and luxurious 5 bedroom villa, with a vast total living area of 570m2, set within a large landscaped plot of 1,160m2 with a swimming pool, is ideally situat...

REF: 220458
  • Floor Size: 570 square metres
  • Plot Size: 1,160 square metres (0.12 hectares / 0.29 acres)
  • Bedrooms: 5
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9 bedroom villa for sale, Cartama, Malaga Costa del Sol, Andalucia

9 bedroom villa for sale, Cartama, Malaga Costa del Sol, Andalucia
746,000 EUR

9 bedroom villa for sale, Cartama, Malaga Costa del Sol, Andalucia

Full of character and charm and with a total of 9 bedrooms, this lovely country home is ideally located in a perfect setting between the towns of Coin and Cartama and with easy access. Suitable...

REF: 220431
  • Floor Size: 438 square metres
  • Plot Size: 12,074 square metres (1.21 hectares / 2.98 acres)
  • Bedrooms: 9
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5 bedroom villa for sale, Alhaurin el Grande, Malaga Costa del Sol, Andalucia

5 bedroom villa for sale, Alhaurin el Grande, Malaga Costa del Sol, Andalucia
510,000 EUR

5 bedroom villa for sale, Alhaurin el Grande, Malaga Costa del Sol, Andalucia

Excellent opportunity to purchase 2 charming country houses, with a combined total living area of 249m2, set within a quiet and mature plot of 9,491m2 which is planted with olive trees and with stunni...

REF: 220423
  • Floor Size: 249 square metres
  • Plot Size: 9,491 square metres (0.95 hectares / 2.35 acres)
  • Bedrooms: 5
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7 bedroom villa for sale, La Zagaleta Golf, Benahavis, Malaga Costa del Sol, Andalucia

7 bedroom villa for sale, La Zagaleta Golf, Benahavis, Malaga Costa del Sol, Andalucia
10,650,000 EUR

7 bedroom villa for sale, La Zagaleta Golf, Benahavis, Malaga Costa del Sol, Andalucia

A unique opportunity to acquire an exceptionally luxurious 7 bedroom villa with indoor and outdoor pools, set in over an acre of landscaped gardens, enjoying stunning sea views, located close to Marbe...

REF: 220333
  • Floor Size: 1,300 square metres
  • Plot Size: 5,500 square metres (0.55 hectares / 1.36 acres)
  • Bedrooms: 7
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4 bedroom villa for sale, Estepona, Malaga Costa del Sol, Andalucia

4 bedroom villa for sale, Estepona, Malaga Costa del Sol, Andalucia
630,000 EUR

4 bedroom villa for sale, Estepona, Malaga Costa del Sol, Andalucia

Lovely 4 bedroom villa with a total living area of 120m2, set within a large flat plot of 3,000m2 with a swimming pool and large terrace, ideally located in an quiet area within municipality of Estepo...

REF: 220100
  • Floor Size: 120 square metres
  • Plot Size: 3,000 square metres (0.30 hectares / 0.74 acres)
  • Bedrooms: 4
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9 bedroom villa for sale, Sitges, Barcelona, Catalonia

9 bedroom villa for sale, Sitges, Barcelona, Catalonia
Enquire For Price
Price Reduced

9 bedroom villa for sale, Sitges, Barcelona, Catalonia

PRICE ON ENQUIRY - Immaculate 9 bedroom estate, which is currently used for hosting corporate/private events, TV productions and as a popular wedding venue, ideally situated within a unique and natura...

REF: 219841
  • Floor Size: 400 square metres
  • Plot Size: 700,000 square metres (70.00 hectares / 172.98 acres)
  • Bedrooms: 9
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4 bedroom villa for sale, Moraira, Alicante Costa Blanca, Valencia

4 bedroom villa for sale, Moraira, Alicante Costa Blanca, Valencia
695,000 EUR

4 bedroom villa for sale, Moraira, Alicante Costa Blanca, Valencia

Newly built spacious and beautifully presented 4 bedroom villa, with a total living area of 200m2, set within an easy to maintain landscaped plot of 800m2 with a swimming pool and stunning panoramic v...

REF: 219718
  • Floor Size: 200 square metres
  • Plot Size: 800 square metres (0.08 hectares / 0.20 acres)
  • Bedrooms: 4
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