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.

323 properties

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

4 bedroom villa for sale, Javea, Alicante Costa Blanca, Valencia
350,000 EUR

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

A pretty 4 bedroom villa in Javea, close to the Golf Club, with swimming pool, guest apartment and panoramic views. The 200m2 property was fully renovated in 2008 and is presented in excellent ...

REF: 222260
  • Floor Size: 200 square metres
  • Plot Size: 906 square metres (0.09 hectares / 0.22 acres)
  • Bedrooms: 4
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6 bedroom villa for sale, La Mairena, Malaga Costa del Sol, Andalucia

6 bedroom villa for sale, La Mairena, Malaga Costa del Sol, Andalucia
3,800,000 EUR

6 bedroom villa for sale, La Mairena, Malaga Costa del Sol, Andalucia

Grand and spacious 6 bedroom estate, with a vast total living area of 1,254m2 and set within a large 50,000m2 plot with a swimming pool, located in a quiet setting on the hills above Marbella East, su...

REF: 222259
  • Floor Size: 1,254 square metres
  • Plot Size: 50,000 square metres (5.00 hectares / 12.36 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
399,000 EUR

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

Fabulous 5 bedroom villa, with a total spacious living area of 237m2, set within a landscaped plot of 1,000m2 with a swimming pool, ideally situated within a quiet secluded area within walking distanc...

REF: 222165
  • Floor Size: 237 square metres
  • Plot Size: 1,000 square metres (0.10 hectares / 0.25 acres)
  • Bedrooms: 5
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3 bedroom house for sale, Pizarra, Malaga Costa del Sol, Andalucia

3 bedroom house for sale, Pizarra, Malaga Costa del Sol, Andalucia
269,000 EUR

3 bedroom house for sale, Pizarra, Malaga Costa del Sol, Andalucia

Full of character and charm and with a total welcoming living area of 193m2, this lovely country house is set within a large mature plot of 11,702m2 with lovely open valley and countryside views. <...

REF: 222092
  • Floor Size: 193 square metres
  • Plot Size: 11,702 square metres (1.17 hectares / 2.89 acres)
  • Bedrooms: 3
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4 bedroom villa for sale, Sierra Blanca, Marbella, Malaga Costa del Sol, Marbella Golden Mile

4 bedroom villa for sale, Sierra Blanca, Marbella, Malaga Costa del Sol, Marbella Golden Mile
2,900,000 EUR

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

Bright and spacious 4 bedroom villa with lovely sea views, ideally situated within one of the most sought after areas on the Golden Mile, in Sierra Blanca. South facing and set within a matur...

REF: 222079
  • Floor Size: 821 square metres
  • Plot Size: 1,455 square metres (0.15 hectares / 0.36 acres)
  • Bedrooms: 4
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6 bedroom villa for sale, Aloha, Nueva Andalucia, Malaga Costa del Sol, Andalucia

6 bedroom villa for sale, Aloha, Nueva Andalucia, Malaga Costa del Sol, Andalucia
4,200,000 EUR

6 bedroom villa for sale, Aloha, Nueva Andalucia, Malaga Costa del Sol, Andalucia

Immaculately presented throughout, this superb bright and spacious villa has a total living area of 484m2, which has been completely refurbished and is ideally located right in the heart of the golf v...

REF: 221914
  • Floor Size: 484 square metres
  • Plot Size: 2,117 square metres (0.21 hectares / 0.52 acres)
  • Bedrooms: 6
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5 bedroom townhouse for sale, Bel Air, Estepona, Malaga Costa del Sol, Andalucia

5 bedroom townhouse for sale, Bel Air, Estepona, Malaga Costa del Sol, Andalucia
485,000 EUR

5 bedroom townhouse for sale, Bel Air, Estepona, Malaga Costa del Sol, Andalucia

Beautifully maintained and extremely well located near Los Flamingos and Villa Padierna golf courses, with easy access to the main road and within walking distance of supermarkets, restaurants, pharma...

REF: 221912
  • Floor Size: 224 square metres
  • Bedrooms: 5
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5 bedroom villa for sale, Coin, Malaga Costa del Sol, Andalucia

5 bedroom villa for sale, Coin, Malaga Costa del Sol, Andalucia
299,950 EUR

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

Situated in a quiet setting and just a short drive from the lively inland town of Coin, this charming and spacious country home with separate guest accommodation, is set within a large plot of 4,733m2...

REF: 221769
  • Floor Size: 181 square metres
  • Plot Size: 4,733 square metres (0.47 hectares / 1.17 acres)
  • 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
3,100,000 EUR

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

Beautifully presented 7 bedroom south-facing estate, with a total spacious living area of 366m2, located in a quiet setting in a cul-de-sac in Marbella Hill Club and with spectacular views over the ga...

REF: 221671
  • Floor Size: 366 square metres
  • Plot Size: 4,979 square metres (0.50 hectares / 1.23 acres)
  • Bedrooms: 7
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5 bedroom villa for sale, Puente Romano, Marbella, Malaga Costa del Sol, Marbella Golden Mile

5 bedroom villa for sale, Puente Romano, Marbella, Malaga Costa del Sol, Marbella Golden Mile
2,800,000 EUR

5 bedroom villa for sale, Puente Romano, Marbella, Malaga Costa del Sol, Marbella Golden Mile

Grand and spacious 5 bedroom Mediterranean-style villa, with a vast total built area of 843m2, ideally situated within one of Marbella's most sought after gated communities, Altos de Puente Romano, wh...

REF: 221670
  • Floor Size: 843 square metres
  • Plot Size: 1,107 square metres (0.11 hectares / 0.27 acres)
  • Bedrooms: 5
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