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.

256 properties

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5 bedroom house for sale, Iznate, Malaga Costa del Sol, Andalucia

5 bedroom house for sale, Iznate, Malaga Costa del Sol, Andalucia
550,000 EUR

5 bedroom house for sale, Iznate, Malaga Costa del Sol, Andalucia

Full of charm and character is this beautifully refurbished, immaculate 5 bedroom villa run as a B & B, with beautiful landscaped garden and pool, enjoying stunning countryside views from its peaceful...

REF: 232863
  • Plot Size: 877 square metres (0.09 hectares / 0.22 acres)
  • Bedrooms: 5
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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
2,600,000 EUR

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

Enjoying uninterrupted sea views from its second line beach location in Estepona, is this exceptional, modern and luxurious 4 bedroom villa nestling in lush gardens with pool. This fantastic c...

REF: 232843
  • Floor Size: 746 square metres
  • Plot Size: 1,280 square metres (0.13 hectares / 0.32 acres)
  • Bedrooms: 4
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6 bedroom farmhouse for sale, Alcaucin, Malaga Costa del Sol, Andalucia

6 bedroom farmhouse for sale, Alcaucin, Malaga Costa del Sol, Andalucia
480,000 EUR

6 bedroom farmhouse for sale, Alcaucin, Malaga Costa del Sol, Andalucia

Ideally situated in a quiet setting within over 19,000m2 of useable land, this is an excellent opportunity to purchase 3 country houses in one, with a total of 6/7 bedrooms, 3 bathrooms, a separate 60...

REF: 232690
  • Bedrooms: 6
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4 bedroom villa for sale, El Madronal, Benahavis, Malaga Costa del Sol, Andalucia

4 bedroom villa for sale, El Madronal, Benahavis, Malaga Costa del Sol, Andalucia
1,970,000 EUR

4 bedroom villa for sale, El Madronal, Benahavis, Malaga Costa del Sol, Andalucia

A beautiful, spacious and superbly presented four bedroom villa in an elevated position in El Madronal. Set in a gated community with round the clock security in the hills above San Pedro and ...

REF: 232540
  • Floor Size: 678 square metres
  • Plot Size: 1,350 square metres (0.14 hectares / 0.33 acres)
  • Bedrooms: 4
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4 bedroom villa for sale, Colmenar, Malaga Costa del Sol, Andalucia

4 bedroom villa for sale, Colmenar, Malaga Costa del Sol, Andalucia
275,000 EUR

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

A unique opportunity to acquire 2 beautiful properties with 2 bedrooms each, nestling in nearly 1.5 acres of glorious landscaped gardens with pool, located in a private and peaceful area enjoying stun...

REF: 232520
  • Floor Size: 183 square metres
  • Plot Size: 5,750 square metres (0.58 hectares / 1.42 acres)
  • Bedrooms: 4
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Restaurant Bar for sale, Marbella, Malaga Costa del Sol, Andalucia

Restaurant Bar for sale, Marbella, Malaga Costa del Sol, Andalucia
6,500,000 EUR

Restaurant Bar for sale, Marbella, Malaga Costa del Sol, Andalucia

Rare opportunity to acquire a fabulous 2 storey, front line restaurant enjoying sea views from its privileged South facing location right on the Marbella promenade and a few minutes walk from the old ...

REF: 232372
  • Floor Size: 1,067 square metres
  • Bedrooms: 0
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5 bedroom villa for sale, Paraiso Barronal, Estepona, Malaga Costa del Sol, Andalucia

5 bedroom villa for sale, Paraiso Barronal, Estepona, Malaga Costa del Sol, Andalucia
1,150,000 EUR

5 bedroom villa for sale, Paraiso Barronal, Estepona, Malaga Costa del Sol, Andalucia

In an excellent setting next to the beach in Paraiso Barronal and close to Extepona, this is a superb opportunity to purchase a spacious 5 bedroom villa and 2 adjacent commercial spaces, which are cur...

REF: 232341
  • Floor Size: 276 square metres
  • Plot Size: 433 square metres (0.04 hectares / 0.11 acres)
  • Bedrooms: 5
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2 bedroom villa for sale, Mojacar, Almeria Costa Almeria, Andalucia

2 bedroom villa for sale, Mojacar, Almeria Costa Almeria, Andalucia
349,900 EUR

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

A unique and delightful Moorish-style property in Mojacar with impressive views to the sea, set against the foothills of Sierra Cabrera and is one of the few detached properties in the village. ...

REF: 232297
  • Floor Size: 100 square metres
  • Plot Size: 209 square metres (0.02 hectares / 0.05 acres)
  • Bedrooms: 2
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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
5,995,000 EUR

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

Simply stunning and beautifully presented 6 bedroom Zen-style villa, with a vast total living area of 1,046m2, ideally situated in a quiet setting in Benahavis, within beautifully manicured plot of 2,...

REF: 232291
  • Floor Size: 1,046 square metres
  • Plot Size: 2,000 square metres (0.20 hectares / 0.49 acres)
  • Bedrooms: 6
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6 bedroom farmhouse for sale, Comares, Malaga Costa del Sol, Andalucia

6 bedroom farmhouse for sale, Comares, Malaga Costa del Sol, Andalucia
225,000 EUR

6 bedroom farmhouse for sale, Comares, Malaga Costa del Sol, Andalucia

Ideally situated in a quiet countryside setting in Comares and within a large plot, this is an excellent opportunity to purchase 2 houses, 1 of which is habitable and the other requiring complete rest...

REF: 232240
  • Floor Size: 205 square metres
  • Plot Size: 12,735 square metres (1.27 hectares / 3.15 acres)
  • Bedrooms: 6
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