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.

315 properties

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Apartment for sale, Kempinski, Estepona, Malaga Costa del Sol, Andalucia

Apartment for sale, Kempinski, Estepona, Malaga Costa del Sol, Andalucia
650,000 EUR

Apartment for sale, Kempinski, Estepona, Malaga Costa del Sol, Andalucia

Spacious and beautifully presented 5th floor studio apartment, with a total living area of 72m2, plus a large terrace with stunning views over the tropical gardens towards the sea, situated within a p...

REF: 218066
  • Floor Size: 72 square metres
  • Bedrooms: 0
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9 bedroom villa for sale, Los Flamingos Golf, Estepona, Malaga Costa del Sol, Andalucia

9 bedroom villa for sale, Los Flamingos Golf, Estepona, Malaga Costa del Sol, Andalucia
2,475,000 EUR

9 bedroom villa for sale, Los Flamingos Golf, Estepona, Malaga Costa del Sol, Andalucia

A breathtaking luxury villa with 9 bedrooms, a large swimming pool and spectacular views across the sea to Gibraltar and North Africa, situated near the 5 Star Hotel Villa Padierna in Los Flamingos ov...

REF: 217962
  • Floor Size: 550 square metres
  • Plot Size: 1,500 square metres (0.15 hectares / 0.37 acres)
  • Bedrooms: 9
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5 bedroom villa for sale, Javea, Alicante Costa Blanca, Valencia

5 bedroom villa for sale, Javea, Alicante Costa Blanca, Valencia
590,000 EUR

5 bedroom villa for sale, Javea, Alicante Costa Blanca, Valencia

Spacious and inviting 5 bedroom south facing villa, with the added advantage of having an independent apartment, ideally situated within the prestigious Tesoro Park development in Javea, just 5km from...

REF: 217851
  • Bedrooms: 5
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7 bedroom villa for sale, Marbella Hill Club, Marbella, Malaga Costa del Sol, Marbella Golden Mile

7 bedroom villa for sale, Marbella Hill Club, Marbella, Malaga Costa del Sol, Marbella Golden Mile
7,500,000 EUR

7 bedroom villa for sale, Marbella Hill Club, Marbella, Malaga Costa del Sol, Marbella Golden Mile

Grand, spacious and beautifully presented, this recently built 7 bedroom villa is ideally located in a quiet and private setting within the prestigious Marbella Hill Club. With the most amazing...

REF: 217733
  • Floor Size: 761 square metres
  • Plot Size: 2,685 square metres (0.27 hectares / 0.66 acres)
  • Bedrooms: 7
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6 bedroom villa for sale, Los Naranjos Golf, Nueva Andalucia, Malaga Costa del Sol, Andalucia

6 bedroom villa for sale, Los Naranjos Golf, Nueva Andalucia, Malaga Costa del Sol, Andalucia
3,500,000 EUR

6 bedroom villa for sale, Los Naranjos Golf, Nueva Andalucia, Malaga Costa del Sol, Andalucia

Grand, spacious, contemporary and superbly presented 6 bedroom villa, ideally situated within the prestigious and highly sought after Los Naranjos Golf development, in the golfing valley of Nueva Anda...

REF: 217732
  • Floor Size: 645 square metres
  • Plot Size: 2,577 square metres (0.26 hectares / 0.64 acres)
  • Bedrooms: 6
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6 bedroom villa for sale, Sierra Blanca, Marbella, Malaga Costa del Sol, Marbella Golden Mile

6 bedroom villa for sale, Sierra Blanca, Marbella, Malaga Costa del Sol, Marbella Golden Mile
9,500,000 EUR

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

With excellent and luxurious fixtures and fittings throughout, this immaculate 6 bedroom villa has a vast total living area of 1,052m2 and is set within a mature landscaped plot of 4,137m2 with a swim...

REF: 217571
  • Floor Size: 1,052 square metres
  • Plot Size: 4,137 square metres (0.41 hectares / 1.02 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
2,900,000 EUR

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

Immaculate newly built 5 bedroom villa, with a total spacious living area of 550m2, set within a flat landscaped plot of 1,390m2 with a swimming pool, ideally located next to the Villa Padierna Hotel ...

REF: 217283
  • Floor Size: 550 square metres
  • Plot Size: 1,390 square metres (0.14 hectares / 0.34 acres)
  • Bedrooms: 5
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6 bedroom villa for sale, Alhaurin de la Torre, Malaga Costa del Sol, Andalucia

6 bedroom villa for sale, Alhaurin de la Torre, Malaga Costa del Sol, Andalucia
535,000 EUR

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

2 lovely villas with a total spacious living area of 191m2, ideally situated within the popular Alhaurin de la Torre area. Set on a plot of just over 1,000m2 with mature gardens and a swimming...

REF: 217200
  • Floor Size: 191 square metres
  • Plot Size: 1,000 square metres (0.10 hectares / 0.25 acres)
  • Bedrooms: 6
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5 bedroom villa for sale, La Zagaleta Golf, Benahavis, Malaga Costa del Sol, Andalucia

5 bedroom villa for sale, La Zagaleta Golf, Benahavis, Malaga Costa del Sol, Andalucia
3,950,000 EUR

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

Elegant, spacious and beautifully presented 5 bedroom villa, with a vast total living area of 1,390m2 which is presented in a classic style. Ideally located in the exclusive La Zagaleta estate ...

REF: 217191
  • Floor Size: 1,390 square metres
  • Plot Size: 4,975 square metres (0.50 hectares / 1.23 acres)
  • Bedrooms: 5
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3 bedroom villa for sale, San Vicente Del Raspeig, Alicante Costa Blanca, Valencia

3 bedroom villa for sale, San Vicente  Del Raspeig, Alicante Costa Blanca, Valencia
250,000 EUR

3 bedroom villa for sale, San Vicente Del Raspeig, Alicante Costa Blanca, Valencia

Pretty 3 bedroom single level villa, with a total living area of 110m2, set within a flat 1,000m2 plot with a swimming pool, located in a quiet area in San Vicente Del Raspeig. The property f...

REF: 217093
  • Floor Size: 110 square metres
  • Plot Size: 1,000 square metres (0.10 hectares / 0.25 acres)
  • Bedrooms: 3
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