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.

354 properties

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

4 bedroom farmhouse for sale, Comares, Malaga Costa del Sol, Andalucia
249,000 EUR

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

A simply stunning country cortijo full of rustic character and features, surrounded by beautiful walled courtyards, pebble and flagstone patios, two outbuildings and a huge plot of land, perhaps perfe...

REF: 223136
  • Floor Size: 176 square metres
  • Plot Size: 18,350 square metres (1.84 hectares / 4.53 acres)
  • Bedrooms: 4
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3 bedroom villa for sale, Los Romanes, Malaga Costa del Sol, Andalucia

3 bedroom villa for sale, Los Romanes, Malaga Costa del Sol, Andalucia
299,950 EUR

3 bedroom villa for sale, Los Romanes, Malaga Costa del Sol, Andalucia

A beautiful, traditional style cortijo packed with original rustic features and a registered tourist apartment, overlooking Lake Vinuela and within a short walk of the village of Los Romanes. ...

REF: 223131
  • Plot Size: 1,500 square metres (0.15 hectares / 0.37 acres)
  • Bedrooms: 3
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3 bedroom villa for sale, Benitachell, Alicante Costa Blanca, Valencia

3 bedroom villa for sale, Benitachell, Alicante Costa Blanca, Valencia
1,285,000 EUR

3 bedroom villa for sale, Benitachell, Alicante Costa Blanca, Valencia

Brand new luxury 3 bedroom villa with pool enjoying stunning sea views from its location in Moraira-Benitachell, on the North of Costa Blanca. This marvellous property is in a unique residentia...

REF: 223044
  • Floor Size: 395 square metres
  • Plot Size: 885 square metres (0.09 hectares / 0.22 acres)
  • Bedrooms: 3
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4 bedroom villa for sale, Velez Malaga, Malaga Costa del Sol, Andalucia

4 bedroom villa for sale, Velez Malaga, Malaga Costa del Sol, Andalucia
399,995 EUR

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

A unique opportunity to acquire a beautiful 4 bedroom 'Cortijo' with expansive pool enjoying breathtaking sea views, set in over 10 acres of land near Velez Malaga. This charming property is ...

REF: 223035
  • Floor Size: 230 square metres
  • Plot Size: 40,600 square metres (4.06 hectares / 10.03 acres)
  • Bedrooms: 4
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7 bedroom villa for sale, Comares, Malaga Costa del Sol, Andalucia

7 bedroom villa for sale, Comares, Malaga Costa del Sol, Andalucia
318,000 EUR

7 bedroom villa for sale, Comares, Malaga Costa del Sol, Andalucia

Set in 3000m2 of land, nestling on the Southern slopes of the Benamargosa river valley, is this unique cluster of buildings with a pool, located in Comares. The property is called Los Algarrobo...

REF: 223018
  • Floor Size: 210 square metres
  • Plot Size: 3,000 square metres (0.30 hectares / 0.74 acres)
  • Bedrooms: 7
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3 bedroom villa for sale, Alcaucin, Malaga Costa del Sol, Andalucia

3 bedroom villa for sale, Alcaucin, Malaga Costa del Sol, Andalucia
274,000 EUR

3 bedroom villa for sale, Alcaucin, Malaga Costa del Sol, Andalucia

A beautiful spacious 3 bedroom villa with separate apartment and pool enjoying breathtaking mountain views from its location in Alcaucin. This well kept and modern property is south facing and ...

REF: 223015
  • Plot Size: 1,480 square metres (0.15 hectares / 0.37 acres)
  • Bedrooms: 3
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4 bedroom house for sale, Vinuela, Malaga Costa del Sol, Andalucia

4 bedroom house for sale, Vinuela, Malaga Costa del Sol, Andalucia
235,000 EUR

4 bedroom house for sale, Vinuela, Malaga Costa del Sol, Andalucia

With wonderful views over the lush river valley, this impressive and typically Andalusian country home, which is in excellent condition throughout, has many sturdy, well built and pretty features and ...

REF: 223005
  • 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 and a pool, located in a private and peaceful area enjoying stunning countryside views near Colmenar. A very charming...

REF: 222994
  • Floor Size: 183 square metres
  • Plot Size: 5,750 square metres (0.58 hectares / 1.42 acres)
  • Bedrooms: 4
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3 bedroom villa for sale, Riogordo, Malaga Costa del Sol, Andalucia

3 bedroom villa for sale, Riogordo, Malaga Costa del Sol, Andalucia
370,000 EUR

3 bedroom villa for sale, Riogordo, Malaga Costa del Sol, Andalucia

Set in over 4 acres of beautiful land is this splendid 3 bedroom villa with pool enjoying breathtaking mountain views from a peaceful location above the country town of Riogordo. An unusual, s...

REF: 222993
  • Plot Size: 17,000 square metres (1.70 hectares / 4.20 acres)
  • Bedrooms: 3
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4 bedroom villa for sale, Alhaurin de la Torre, Malaga Costa del Sol, Andalucia

4 bedroom villa for sale, Alhaurin de la Torre, Malaga Costa del Sol, Andalucia
398,000 EUR

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

Enjoying panoramic views across the Guadalhorce valley is this spacious and modern 4 bedroom villa with pool, located on the highest urban part of the mountain in Alhaurin de la Torre. It is on...

REF: 222958
  • Floor Size: 391 square metres
  • Plot Size: 1,000 square metres (0.10 hectares / 0.25 acres)
  • Bedrooms: 4
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