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.

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5 bedroom villa for sale, Casablanca, Marbella, Malaga Costa del Sol, Andalucia

5 bedroom villa for sale, Casablanca, Marbella, Malaga Costa del Sol, Andalucia
3,900,000 EUR

5 bedroom villa for sale, Casablanca, Marbella, Malaga Costa del Sol, Andalucia

Modern and spacious 5 bedroom beach-side villa, with a total living area of 317m2, ideally situated within a highly sought after and quiet development just 2 streets back from the beach, on the Golden...

REF: 216924
  • Floor Size: 317 square metres
  • Plot Size: 800 square metres (0.08 hectares / 0.20 acres)
  • Bedrooms: 5
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2 bedroom villa for sale, Alhaurin de la Torre, Malaga Costa del Sol, Andalucia

2 bedroom villa for sale, Alhaurin de la Torre, Malaga Costa del Sol, Andalucia
329,000 EUR

2 bedroom villa for sale, Alhaurin de la Torre, Malaga Costa del Sol, Andalucia

Charming, spacious and beautifully presented 2 bedroom villa, ideally situated in a quiet setting at the top of Los Pinos, with lovely open views over the mountains, yet within walking distance into t...

REF: 216800
  • Floor Size: 130 square metres
  • Plot Size: 1,410 square metres (0.14 hectares / 0.35 acres)
  • Bedrooms: 2
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4 bedroom villa for sale, Alhaurin el Grande, Malaga Costa del Sol, Andalucia

4 bedroom villa for sale, Alhaurin el Grande, Malaga Costa del Sol, Andalucia
349,000 EUR

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

Pretty 4 bedroom country villa, with a total living area of 167m2, set within mature gardens of 3,200m2 with lawns, swimming pool, covered yoga area and a selection of fruit trees. Benefiting f...

REF: 216795
  • Floor Size: 167 square metres
  • Plot Size: 3,200 square metres (0.32 hectares / 0.79 acres)
  • Bedrooms: 4
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5 bedroom villa for sale, Sierra Blanca, Marbella, Malaga Costa del Sol, Marbella Golden Mile

5 bedroom villa for sale, Sierra Blanca, Marbella, Malaga Costa del Sol, Marbella Golden Mile
4,800,000 EUR

5 bedroom villa for sale, Sierra Blanca, Marbella, Malaga Costa del Sol, Marbella Golden Mile

Grand and spacious 5 bedroom mansion, with a vast total living area of 1,130m2 which has been designed to impress and accessed via a long sweeping driveway. Set within beautifully manicured plo...

REF: 216763
  • Floor Size: 1,130 square metres
  • Plot Size: 2,000 square metres (0.20 hectares / 0.49 acres)
  • Bedrooms: 5
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6 bedroom villa for sale, Benahavis, Malaga Costa del Sol, Andalucia

6 bedroom villa for sale, Benahavis, Malaga Costa del Sol, Andalucia
3,450,000 EUR

6 bedroom villa for sale, Benahavis, Malaga Costa del Sol, Andalucia

Immaculate and beautifully presented 6 bedroom villa, with a total bright living area of 845m2, set within a large plot of 3,655m2 with a swimming pool and spectacular panoramic sea views, ideally sit...

REF: 216571
  • Floor Size: 854 square metres
  • Plot Size: 3,655 square metres (0.37 hectares / 0.90 acres)
  • Bedrooms: 6
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5 bedroom villa for sale, Los Flamingos Golf, Benahavis, Malaga Costa del Sol, Andalucia

5 bedroom villa for sale, Los Flamingos Golf, Benahavis, Malaga Costa del Sol, Andalucia
2,950,000 EUR

5 bedroom villa for sale, Los Flamingos Golf, Benahavis, Malaga Costa del Sol, Andalucia

Full of character and charm, this superb 5 bedroom villa is situated in a quiet setting alongside the Los Flamingos Golf course, set within a secluded plot of 16,170m2 with a heated swimming pool, sta...

REF: 216568
  • Floor Size: 432 square metres
  • Plot Size: 16,170 square metres (1.62 hectares / 4.00 acres)
  • Bedrooms: 5
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10 bedroom villa for sale, La Zagaleta Golf, Benahavis, Malaga Costa del Sol, Andalucia

10 bedroom villa for sale, La Zagaleta Golf, Benahavis, Malaga Costa del Sol, Andalucia
11,900,000 EUR

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

Superb newly built 10 bedroom mansion, ideally located within the prestigious La Zagaleta Golf resort in Benahavis, set within a large plot of 8,209m2 with a swimming pool and stunning breathtaking se...

REF: 216564
  • Floor Size: 2,560 square metres
  • Plot Size: 8,209 square metres (0.82 hectares / 2.03 acres)
  • Bedrooms: 10
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10 bedroom villa for sale, Estepona, Malaga Costa del Sol, Andalucia

10 bedroom villa for sale, Estepona, Malaga Costa del Sol, Andalucia
8,000,000 EUR

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

Grand, spacious and authentic 10 bedroom Spanish country estate, ideally located near the sea, within an exceptional quiet setting close to Estepona. Beautifully designed in a traditional Andal...

REF: 216563
  • Floor Size: 892 square metres
  • Plot Size: 600,245 square metres (60.02 hectares / 148.33 acres)
  • Bedrooms: 10
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5 bedroom villa for sale, Condes De Luque, Benahavis, Malaga Costa del Sol, Andalucia

5 bedroom villa for sale, Condes De Luque, Benahavis, Malaga Costa del Sol, Andalucia
2,650,000 EUR

5 bedroom villa for sale, Condes De Luque, Benahavis, Malaga Costa del Sol, Andalucia

Spacious and newly built 5 bedroom contemporary villa, with a vast total living area of 716m2, ideally located in a prestigious development in Benahavis with 24 hour security. Features include...

REF: 216540
  • Floor Size: 716 square metres
  • Plot Size: 1,417 square metres (0.14 hectares / 0.35 acres)
  • Bedrooms: 5
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4 bedroom villa for sale, Elviria, Marbella, Malaga Costa del Sol, Andalucia

4 bedroom villa for sale, Elviria, Marbella, Malaga Costa del Sol, Andalucia
1,500,000 EUR

4 bedroom villa for sale, Elviria, Marbella, Malaga Costa del Sol, Andalucia

Bright and spacious 4 bedroom villa, with a total living area of 271m2, ideally located in a quiet residential area in Elviria, surrounded by a lovely 1,030m2 garden with a private swimming pool. ...

REF: 216498
  • Floor Size: 271 square metres
  • Plot Size: 1,030 square metres (0.10 hectares / 0.25 acres)
  • Bedrooms: 4
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