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.

324 properties

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

14 bedroom villa for sale, Alhaurin el Grande, Malaga Costa del Sol, Andalucia
360,000 EUR

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

A unique opportunity to acquire a spacious villa incorporating 6 studio apartments and separate 2 bedroom accommodation with pool, enjoying panoramic views. The owner's accommodation offers an ...

REF: 219481
  • Floor Size: 764 square metres
  • Plot Size: 2,561 square metres (0.26 hectares / 0.63 acres)
  • Bedrooms: 14
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6 bedroom villa for sale, Nagueles, Marbella, Malaga Costa del Sol, Marbella Golden Mile

6 bedroom villa for sale, Nagueles, Marbella, Malaga Costa del Sol, Marbella Golden Mile
1,395,000 EUR

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

Bright, spacious and immaculately presented 6 bedroom south-west-facing villa, ideally situated within a quiet residential area on the hillside of the Golden Mile and close to the centre of Marbella.<...

REF: 219341
  • Floor Size: 387 square metres
  • Plot Size: 1,781 square metres (0.18 hectares / 0.44 acres)
  • Bedrooms: 6
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4 bedroom villa for sale, Elviria, Marbella, Malaga Costa del Sol, Andalucia

4 bedroom villa for sale, Elviria, Marbella, Malaga Costa del Sol, Andalucia
1,950,000 EUR

4 bedroom villa for sale, Elviria, Marbella, Malaga Costa del Sol, Andalucia

Spacious and beautifully presented 3 bedroom wooden villa and a lower level with an independent 1 bedroom apartment, with a total living area of 361m2, with spacious and bright classic-style spaces an...

REF: 219202
  • Floor Size: 361 square metres
  • Plot Size: 1,527 square metres (0.15 hectares / 0.38 acres)
  • Bedrooms: 4
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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
6,900,000 EUR

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

Grand and spacious 5 bedroom contemporary villa, with a vast total living area of 1,254m2, ideally situated within a highly sought after golfing estate, set within a large manicured plot of 4,366m2 wi...

REF: 219184
  • Floor Size: 1,254 square metres
  • Plot Size: 4,366 square metres (0.44 hectares / 1.08 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
1,395,000 EUR

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

Stunning 5 bedroom villa with pool and separate one bedroom apartment, enjoying scenic views, set in over an acre of lush verdant land. This unique prestigious property has been built with a mi...

REF: 219139
  • Floor Size: 710 square metres
  • Plot Size: 4,613 square metres (0.46 hectares / 1.14 acres)
  • Bedrooms: 6
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8 bedroom villa for sale, Cartama, Malaga Costa del Sol, Andalucia

8 bedroom villa for sale, Cartama, Malaga Costa del Sol, Andalucia
280,000 EUR

8 bedroom villa for sale, Cartama, Malaga Costa del Sol, Andalucia

Unique opportunity to acquire three separate, spacious open plan properties with two pools set in one plot, enjoying panoramic views and in walking distance to all amenities. Two fantastic hou...

REF: 219128
  • Floor Size: 235 square metres
  • Plot Size: 3,000 square metres (0.30 hectares / 0.74 acres)
  • Bedrooms: 8
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4 bedroom villa for sale, Alhaurin el Grande, Malaga Costa del Sol, Andalucia

4 bedroom villa for sale, Alhaurin el Grande, Malaga Costa del Sol, Andalucia
299,000 EUR

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

A beautiful 3 bedroom villa with separate apartment and two swimming pools, set in acres of mature land and only 5 minutes drive to the nearest town. This lovely property is situated in Alhauri...

REF: 218958
  • Floor Size: 96 square metres
  • Plot Size: 4,691 square metres (0.47 hectares / 1.16 acres)
  • Bedrooms: 4
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10 bedroom villa for sale, El Campello, Alicante Costa Blanca, Valencia

10 bedroom villa for sale, El Campello, Alicante Costa Blanca, Valencia
550,000 EUR

10 bedroom villa for sale, El Campello, Alicante Costa Blanca, Valencia

Spacious 10 bedroom villa, which is currently being used as a guest house, ideally situated in a quiet setting just 350m from the beach, restaurants, bars and amenities. In need of some updatin...

REF: 218947
  • Floor Size: 409 square metres
  • Plot Size: 772 square metres (0.08 hectares / 0.19 acres)
  • Bedrooms: 10
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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
265,000 EUR

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

Spacious and well maintained 5 bedroom country villa, with a total living area of 178m2, set within a large flat plot of 3,200m2 with a swimming pool, located in a quiet setting in Alhaurin el Grande....

REF: 218825
  • Floor Size: 178 square metres
  • Plot Size: 3,200 square metres (0.32 hectares / 0.79 acres)
  • Bedrooms: 5
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5 bedroom villa for sale, El Madronal, Benahavis, Malaga Costa del Sol, Andalucia

5 bedroom villa for sale, El Madronal, Benahavis, Malaga Costa del Sol, Andalucia
3,650,000 EUR

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

Immaculate, spacious and beautifully presented 4 bedroom south-facing mansion with a guest apartment and panoramic sea views, situated within a quiet setting on the mountains above San Pedro, within ...

REF: 218784
  • Floor Size: 799 square metres
  • Plot Size: 6,150 square metres (0.62 hectares / 1.52 acres)
  • Bedrooms: 5
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