Click one of the steps below to find out more information.
So you found the property you liked. You put in an offer, and when both parties agree then...
Reservation deposit of 3000-6000 Euro. This step is meant to: Show intent, take the property off the market, and for your lawyer to start the legal searches.
The solicitor can open your bank account on your behalf if given power of attorney, and will also apply for your NIE number - or Tax identification number - at the Tax Office in Malaga.
Purchase deposit of 10% (minus the Reservation Deposit already paid).
This is the binding contract in which both parties agree to the sale/purchase of the property. Both parties agree on a date of completion - which can be anywhere between 1 to 4 months.
Payment of the 90% balance at the Notary.
The conveyance title deed is to be signed upon completion in front of the Public Notary and the keys are handed over.
After this completion, the lawyer:
If you are applying for a Spanish mortgage, we will prepare the mortgage title deed which will also be signed in front of the Public Notary upon completion
So you found the property you liked. You put in an offer, and when both parties agree then...
Reservation deposit of 3000-6000 Euro. This step is meant to: Show intent, take the property off the market, and for your lawyer to start the legal searches.
The solicitor can open your bank account on your behalf if given power of attorney, and will also apply for your NIE number - or Tax identification number - at the Tax Office in Malaga.
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You are property and lifestyle consultants.
Of the highest standards.
Malcom Newbert
'Grapevine has taken my perception of a property agency to a new level...'
helping a customer finding a suitable “match”
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Exceptional.
We can confirm wholeheartedly that the service and help you gave us in buying our villa was exceptional.
Alan Roberts
If you are purchasing an existing home, you will have to pay the following:
Finally, if there is a mortgage in place you also have to pay:
If you are purchasing an off-plan property (i.e., a new property, direct from the developer) the relevant taxes are:
Please note that this information does not constitute legal advice and should not be taken as such. It is merely a guide to help you understand the process. We can arrange the proper legal advice for you, or put you in touch with the relevant parties to obtain your own independent financial advisor.
Contact us at [email protected], call us, or use the handy live chat at the bottom right of this page.