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.

331 properties

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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
559,000 EUR

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

Set in 1.5 acres of glorious land is this superb single storey 5 bedroom villa with expansive pool, one bedroom studio and independent south facing apartment, enjoying panoramic views from its locatio...

REF: 228309
  • Floor Size: 263 square metres
  • Plot Size: 6,037 square metres (0.60 hectares / 1.49 acres)
  • Bedrooms: 5
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3 bedroom house for sale, Comares, Malaga Costa del Sol, Andalucia

3 bedroom house for sale, Comares, Malaga Costa del Sol, Andalucia
245,000 EUR

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

Impressive 3 bedroom country house, ideally situated within a magical and totally private mountain plot hidden from view, yet with easy access, located close to Comares. This stunning house, w...

REF: 228205
  • Bedrooms: 3
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3 bedroom house for sale, Casabermeja, Malaga Costa del Sol, Andalucia

3 bedroom house for sale, Casabermeja, Malaga Costa del Sol, Andalucia
255,000 EUR

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

Charming 3 bedroom country house with stunning sea and mountain views, situated in a quiet setting in the mountains, yet just 4km from Casabermeja and half an hour from Malaga city, with a swimming po...

REF: 228130
  • Plot Size: 27,000 square metres (2.70 hectares / 6.67 acres)
  • Bedrooms: 3
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9 bedroom villa for sale, Alhaurin el Grande, Malaga Costa del Sol, Andalucia

9 bedroom villa for sale, Alhaurin el Grande, Malaga Costa del Sol, Andalucia
995,000 EUR

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

Around 70% restored, this excellent investment opportunity includes a large property with a total living area of 1,089, with a total of 9 bedrooms, so could easy be transformed into a boutique hotel o...

REF: 227942
  • Floor Size: 1,089 square metres
  • Plot Size: 3,965 square metres (0.40 hectares / 0.98 acres)
  • Bedrooms: 9
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6 bedroom villa for sale, Javea, Alicante Costa Blanca, Valencia

6 bedroom villa for sale, Javea, Alicante Costa Blanca, Valencia
750,000 EUR

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

Beautiful 5 bedroom South facing villa with expansive pool and separate Studio, nestling in 3,000m2 of glorious landscaped gardens, enjoying breathtaking mountain views from its location near the beac...

REF: 227705
  • Floor Size: 560 square metres
  • Plot Size: 3,000 square metres (0.30 hectares / 0.74 acres)
  • Bedrooms: 6
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8 bedroom villa for sale, Javea, Alicante Costa Blanca, Valencia

8 bedroom villa for sale, Javea, Alicante Costa Blanca, Valencia
380,000 EUR

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

Rare opportunity to acquire an 8 bedroom villa enjoying sea views from its location near the beach and all amenities in Javea. This spacious property is In need of modernisation and currently c...

REF: 227702
  • Floor Size: 240 square metres
  • Plot Size: 597 square metres (0.06 hectares / 0.15 acres)
  • Bedrooms: 8
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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
695,000 EUR

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

Nestling in nearly 4 hectares of land and olive groves while enjoying far reaching panoramic views, is this impressive 3 bedroom villa with pool and separate 2 bedroom cottage, located near all amenit...

REF: 227696
  • Floor Size: 433 square metres
  • Plot Size: 39,000 square metres (3.90 hectares / 9.64 acres)
  • Bedrooms: 5
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6 bedroom villa for sale, Javea, Alicante Costa Blanca, Valencia

6 bedroom villa for sale, Javea, Alicante Costa Blanca, Valencia
900,000 EUR

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

Situated on a flat and not overlooked plot of 3,793m2 with 2 separate, independent houses, each with accommodation on one level incorporating 3 bedrooms and 2 bathrooms, situated in the prestigious To...

REF: 227582
  • Floor Size: 403 square metres
  • Plot Size: 3,793 square metres (0.38 hectares / 0.94 acres)
  • Bedrooms: 6
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3 bedroom house for sale, Riogordo, Malaga Costa del Sol, Andalucia

3 bedroom house for sale, Riogordo, Malaga Costa del Sol, Andalucia
250,000 EUR

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

Located in a quiet setting just 300m from the village of Riogordo, this extremely unusual little treasure, a house requiring non-structural renovation, set on a huge mature plot of just under 10,000m2...

REF: 227536
  • Plot Size: 29,720 square metres (2.97 hectares / 7.34 acres)
  • Bedrooms: 3
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6 bedroom villa for sale, El Madronal, Benahavis, Malaga Costa del Sol, Andalucia

6 bedroom villa for sale, El Madronal, Benahavis, Malaga Costa del Sol, Andalucia
6,950,000 EUR

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

Outstanding brand new 6 bedroom villa with amazing infinity pool and beautiful landscaped gardens, enjoying breathtaking sea views from its sought after location in El Madronal, Benahavis. This...

REF: 227350
  • Floor Size: 900 square metres
  • Plot Size: 3,487 square metres (0.35 hectares / 0.86 acres)
  • Bedrooms: 6
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