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.

274 properties

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

5 bedroom villa for sale, Coin, Malaga Costa del Sol, Andalucia
375,000 EUR

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

Enjoying panoramic views is this attractive and spacious 5 bedroom single storey villa with expansive pool, located in a peaceful area of Coin near to all amenities. It is a very cosy property ...

REF: 222787
  • Floor Size: 375 square metres
  • Plot Size: 850 square metres (0.09 hectares / 0.21 acres)
  • Bedrooms: 5
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4 bedroom house for sale, Ojen, Malaga Costa del Sol, Andalucia

4 bedroom house for sale, Ojen, Malaga Costa del Sol, Andalucia
255,000 EUR

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

Found in a peaceful location in the charming village of Ojen near to all amenities and only a 10 minute drive to Marbella is this lovely renovated, south facing spacious house with views of the sea. <...

REF: 222784
  • Floor Size: 271 square metres
  • Plot Size: 125 square metres (0.01 hectares / 0.03 acres)
  • Bedrooms: 4
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3 bedroom farmhouse for sale, Riogordo, Malaga Costa del Sol, Andalucia

3 bedroom farmhouse for sale, Riogordo, Malaga Costa del Sol, Andalucia
335,000 EUR

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

Spacious and very well build country villa, situated in a very quiet setting yet just 1.5km from Riogordo. Set within a large plot with a swimming pool and a 25m2 outbuilding, which is suitable...

REF: 222682
  • Bedrooms: 3
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5 bedroom house for sale, Canillas de Aceituno, Malaga Costa del Sol, Andalucia

5 bedroom house for sale, Canillas de Aceituno, Malaga Costa del Sol, Andalucia
489,000 EUR

5 bedroom house for sale, Canillas de Aceituno, Malaga Costa del Sol, Andalucia

Over 2.5 acres A unique opportunity to acquire a collection of stunning properties in a beautiful location enjoying panoramic views set in over 2.5 acres of land with a pool. This delightfu...

REF: 222670
  • Plot Size: 10,708 square metres (1.07 hectares / 2.65 acres)
  • Bedrooms: 5
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4 bedroom house for sale, Colmenar, Malaga Costa del Sol, Andalucia

4 bedroom house for sale, Colmenar, Malaga Costa del Sol, Andalucia
225,000 EUR

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

Spacious and beautifully maintained country villa, with a separate 1 bedroom casita, ideally situated within a quiet setting in a breathtaking unspoilt countryside setting in Colmenar, north of Malaga...

REF: 222638
  • Plot Size: 10,670 square metres (1.07 hectares / 2.64 acres)
  • Bedrooms: 4
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4 bedroom villa for sale, Benajarafe, Malaga Costa del Sol, Andalucia

4 bedroom villa for sale, Benajarafe, Malaga Costa del Sol, Andalucia
229,000 EUR

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

Situated in a quiet residential street on the outskirts of Benajarafe coastal village, this attractive terraced town house offers plenty of space for a family home or holiday villa. A pretty, ...

REF: 222634
  • Floor Size: 150 square metres
  • Bedrooms: 4
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3 bedroom villa for sale, Comares, Malaga Costa del Sol, Andalucia

3 bedroom villa for sale, Comares, Malaga Costa del Sol, Andalucia
249,000 EUR

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

A lovely 3 bed country house set on a level plot of 813m2, with private gated driveway off an asphalted country lane. The house has a lovely 7 x 4m pool and pretty gardens, barbecue area, and ...

REF: 222617
  • Floor Size: 100 square metres
  • Plot Size: 813 square metres (0.08 hectares / 0.20 acres)
  • Bedrooms: 3
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4 bedroom villa for sale, Mijas, Malaga Costa del Sol, Andalucia

4 bedroom villa for sale, Mijas, Malaga Costa del Sol, Andalucia
750,000 EUR

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

Immaculately presented 4 bedroom villa, ideally situated within an exclusive development within the Mijas hills and with the most spectacular panoramic views towards the Mediterranean sea and the Cost...

REF: 222616
  • Floor Size: 379 square metres
  • Plot Size: 2,181 square metres (0.22 hectares / 0.54 acres)
  • Bedrooms: 4
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4 bedroom villa for sale, Iznate, Malaga Costa del Sol, Andalucia

4 bedroom villa for sale, Iznate, Malaga Costa del Sol, Andalucia
375,000 EUR

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

Enjoying panoramic views of the sea and mountains is this beautiful and bright 4 bedroom villa with pool located close to the beach and all amenities in Iznate. It is currently a comfortable f...

REF: 222589
  • Plot Size: 3,000 square metres (0.30 hectares / 0.74 acres)
  • Bedrooms: 4
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