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.

244 properties

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3 bedroom villa for sale, Rincon de la Victoria, Malaga, Malaga Costa del Sol, Andalucia

3 bedroom villa for sale, Rincon de la Victoria, Malaga, Malaga Costa del Sol, Andalucia
740,000 EUR

3 bedroom villa for sale, Rincon de la Victoria, Malaga, Malaga Costa del Sol, Andalucia

With lovely views towards the sea, this beautiful 3 bedroom villa is ideally situated within highly sought after residential area in Rincon de la Victoria, close to Malaga city centre. With a ...

REF: 236017
  • Floor Size: 266 square metres
  • Plot Size: 648 square metres (0.06 hectares / 0.16 acres)
  • Bedrooms: 3
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3 bedroom villa for sale, La Huelga, Almeria Costa Almeria, Andalucia

3 bedroom villa for sale, La Huelga, Almeria Costa Almeria, Andalucia
240,000 EUR

3 bedroom villa for sale, La Huelga, Almeria Costa Almeria, Andalucia

Fantastic opportunity to acquire a charming 3 bedroom single storey villa nestling in half an acre of beautiful landscaped gardens with fruit and olive trees and a pool, while enjoying panoramic moun...

REF: 235989
  • Floor Size: 132 square metres
  • Plot Size: 2,000 square metres (0.20 hectares / 0.49 acres)
  • Bedrooms: 3
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4 bedroom house for sale, Alhaurin el Grande, Malaga Costa del Sol, Andalucia

4 bedroom house for sale, Alhaurin el Grande, Malaga Costa del Sol, Andalucia
385,000 EUR

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

Wonderful opportunity to acquire a 3 bedroom single storey house with separate one bedroom single storey property, nestling in over half an acre of mature gardens with fruit trees and expansive pool, ...

REF: 235986
  • Floor Size: 233 square metres
  • Plot Size: 2,237 square metres (0.22 hectares / 0.55 acres)
  • Bedrooms: 4
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5 bedroom villa for sale, Estepona, Malaga Costa del Sol, Andalucia

5 bedroom villa for sale, Estepona, Malaga Costa del Sol, Andalucia
3,495,000 EUR

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

Totally refurbished 5 bedroom villa, with a luxurious total living area of 617m2, set within a large manicured plot of 3,329m2 with a swimming pool, ideally situated in a quiet setting in El Paraiso M...

REF: 235910
  • Floor Size: 617 square metres
  • Plot Size: 3,329 square metres (0.33 hectares / 0.82 acres)
  • Bedrooms: 5
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5 bedroom villa for sale, Lloret de Mar, Girona Costa Brava, Catalonia

5 bedroom villa for sale, Lloret de Mar, Girona Costa Brava, Catalonia
345,000 EUR

5 bedroom villa for sale, Lloret de Mar, Girona Costa Brava, Catalonia

Ideally located just 8 minutes from downtown Lloret de Mar and its beaches and with a coveted tourist licence, this superb 5 bedroom villa has a total spacious living area of 169m2 and is surrounded b...

REF: 235862
  • Floor Size: 169 square metres
  • Plot Size: 1,000 square metres (0.10 hectares / 0.25 acres)
  • Bedrooms: 5
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4 bedroom villa for sale, Fuente del Espanto, San Pedro de Alcantara, Malaga Costa del Sol, Andalucia

4 bedroom villa for sale, Fuente del Espanto, San Pedro de Alcantara, Malaga Costa del Sol, Andalucia
1,475,000 EUR

4 bedroom villa for sale, Fuente del Espanto, San Pedro de Alcantara, Malaga Costa del Sol, Andalucia

Absolutely exquisite 3 bedroom single storey villa with separate one bedroom La Casita, nestling in beautiful landscaped gardens with expansive pool, while enjoying panoramic views from its peaceful l...

REF: 235776
  • Floor Size: 285 square metres
  • Plot Size: 1,315 square metres (0.13 hectares / 0.32 acres)
  • Bedrooms: 4
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Restaurant Bar for sale, Lloret de Mar, Fenels, Girona Costa Brava, Catalonia

Restaurant Bar for sale, Lloret de Mar, Fenels, Girona Costa Brava, Catalonia
370,000 EUR

Restaurant Bar for sale, Lloret de Mar, Fenels, Girona Costa Brava, Catalonia

Wonderful opportunity to acquire a very well presented Restaurant and Bar ideally located near the beach and all amenities in Fenels, Lloret de Mar. This restaurant of 185m2 has been in full...

REF: 235768
  • Floor Size: 185 square metres
  • Bedrooms: 0
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2 bedroom farmhouse for sale, Los Reales Sierra Estepona, Estepona, Malaga Costa del Sol, Andalucia

2 bedroom farmhouse for sale, Los Reales Sierra Estepona, Estepona, Malaga Costa del Sol, Andalucia
795,000 EUR

2 bedroom farmhouse for sale, Los Reales Sierra Estepona, Estepona, Malaga Costa del Sol, Andalucia

With simply stunning sea and mountain views, this unique 2 bedroom finca is ideally situated in a quiet elevated setting in Los Reales Sierra Estepona, close to the Sierra Bermeja mountain and not to ...

REF: 235709
  • Floor Size: 152 square metres
  • Plot Size: 11,663 square metres (1.17 hectares / 2.88 acres)
  • Bedrooms: 2
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6 bedroom villa for sale, Lloret Blau, Girona Costa Brava, Catalonia

6 bedroom villa for sale, Lloret Blau, Girona Costa Brava, Catalonia
244,000 EUR

6 bedroom villa for sale, Lloret Blau, Girona Costa Brava, Catalonia

Located in a quiet setting in Lloret Blau and with the added advantage of having a tourist licence, this well presented 147m2 house is set within an elevated setting on a plot of 535m2 with a swimming...

REF: 235695
  • Floor Size: 147 square metres
  • Plot Size: 535 square metres (0.05 hectares / 0.13 acres)
  • Bedrooms: 6
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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
1,200,000 EUR

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

Beautifully renovated to the highest standards is this superb 3 bedroom villa with 2 guest studios, nestling in 2.5 acres of glorious landscaped gardens with fruit trees and a river, enjoying far reac...

REF: 235681
  • Floor Size: 246 square metres
  • Plot Size: 10,000 square metres (1.00 hectares / 2.47 acres)
  • Bedrooms: 5
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