Spain real estate

  • SolexHomes
  • Calle Jacinto Benavente 4, Fuengirola
  • 29640 Fuengirola (Málaga)
  • (+34) 694413269
  • more
Advanced Search

Buying process

Buying process

Once you have chosen the property you wish to purchase, the first step is to agree and secure the price by means of a Reservation Contract (The buyer, vendor and agent all sign this document). Upon signing this contract a holding deposit should be placed with your lawyer whilst all the necessary checks are carried out on the property.

Should your lawyers discover any irregularities with the potential purchase your holding deposit will be returned in full. (Your lawyers will check that the property is ‘as advertised’, with all its build and plot metres duly registered, that the vendors hold and can convey full legal title, the property is free from debt, there are no sitting tenants etc.etc.).

Once and only when your appointed lawyers have certified that the property is all in order should you proceed to the next step. A Private Purchase Contract is signed with the vendor and it is standard practice to make non-refundable 10% payment at this time.

Upon signing the PPC, a Notary date is set where the remainder of the money will be paid and the Title deeds are signed. This takes place before the Public Notary and in Spain the Notary holds these Title deeds in their offices. You will be issued with a copy on the day and will receive an official copy shortly afterwards. The property must then be registered in the Registro de la Propiedad (Property Registry) as a matter of public record. This will usually take a couple of months. From the date of the signing you will be responsible for the Rates, Utilities and Community fees (if applicable). Organizing these last few details is normally a job best done by your lawyer, who will arrange to have all these matters paid through direct debit if you so require.

Six weeks is a normal period of time from Reservation contract to completion at the Notary. However, the process can be made quicker or slower to suit the needs of each party and is open to negotiation.  There are of course, costs associated with the purchase of property in Andalucia, Spain. These can vary between 8% and 12% depending on the type of property and its price:

  • New build property Tax 10% IVA ( VAT on the purchase of a brand new property )
  • ITP Transfer tax on the purchase of a resale property starts at :

    8% for property up to 400,000€.
    9% for property up to 700,000€.
    10% for property over 700,000€.
(Up to the first 400,000€ - 8% IVA is paid, then from 400,000 to 700,000€ - 9% is paid, and so on....)
  • A further 1.5% AJD (Stamp duty) is payable for brand new property only – it does not apply to resale property.
  • 1%, Standard lawyers conveyancing fee.
  • 1% Notary and Property Registry fees.
  • 1% Ancillary costs. Provision of funds for direct debits, house insurance etc.

We are happy to serve you to purchasing your home in the sun.

  • SolexHomes
  • Calle Jacinto Benavente 4, Fuengirola
  • 29640 Fuengirola (Málaga)
  • (+34) 694413269
  • more

For sale

T00464
For sale T00464

Fuengirola

Villa in Fuengirola

A great family home in Los Pacos area of Fuengirola. 4 bedrooms, 2 bathrooms, guest toilet, spacious livi..

  • Bedrooms: 4
  • Bathrooms: 2
  • Constructed area: 250 m²

385.000€

T00301
For sale T00301

Fuengirola

Penthouse in Fuengirola

FOR SALE 2 bedroom, 2 bathroom penthouse in Fuengirola Los Pacos area, renovated, modern and nice apartme..

  • Bedrooms: 2
  • Bathrooms: 2
  • Constructed area: 156 m²

239.000€

T00321
For sale T00321

Fuengirola

Penthouse in Fuengirola

For sale magnificent 2bedroom 2bathroom penthouse in Torreblanca - Fuengirola. Located in a quiet area. G..

  • Bedrooms: 2
  • Bathrooms: 2
  • Constructed area: 90 m²

117.500€

T00456
For sale T00456

Fuengirola

Apartment in Fuengirola

For sale magnificent 2bedroom 1bathroom apartment in Los Pacos area - Fuengirola. Located in a quiet area..

  • Bedrooms: 2
  • Bathrooms: 1
  • Living area: 72 m²

116.000€

opportunity
T00410
For sale T00410

Mijas

Apartment in Mijas

For sale nice and compact 2bedroom apartment in El Faro. Lovely views all the way to the sea. Short drive..

  • Bedrooms: 2
  • Bathrooms: 1
  • Constructed area: 68 m²

139.000€

T00412
For sale T00412

Mijas

Penthouse in Mijas

Modern and Lovely three bedroom penthouse in two floors. Spacious and bright rooms and very new apartment..

  • Bedrooms: 3
  • Bathrooms: 3
  • Constructed area: 131 m²

265.000€

T00465
For sale T00465

Fuengirola

Apartment in Fuengirola

Compact, nice and spacious first floor apartment in center of Fuengirola, only 100m to the beach and all ..

  • Bedrooms: 1
  • Bathrooms: 1
  • Constructed area: 67 m²

99.000€

T00404
For sale T00404

Mijas

Apartment in Mijas

Modern and Lovely one bedroom apartment. Spacious and bright rooms and very new apartment, build 2010. Id..

  • Bedrooms: 1
  • Bathrooms: 1
  • Constructed area: 61 m²

110.000€

T00413
For sale T00413

Fuengirola

Apartment in Fuengirola

Modern and new two bedroom and two bathroom (on ensuite). Spacious and bright rooms and very new apartmen..

  • Bedrooms: 2
  • Bathrooms: 2

249.000€

T00306
For sale T00306

Fuengirola

Apartment in Fuengirola

Spacious and bright rooms and very new apartment, not been used a lot. Ideal to enjoy living at close pro..

  • Bedrooms: 2
  • Bathrooms: 1
  • Constructed area: 68 m²

104.000€

Bargain
T00399
For sale T00399

Fuengirola

Semi-detached House in Fuengirol..

Beautiful and peaceful corner townhouse in Lower part of Torreblanca/Los Pacos. Three spacious bedrooms, ..

  • Bedrooms: 3
  • Bathrooms: 3
  • Constructed area: 260 m²

290.000€

T00247
For sale T00247

Fuengirola

Apartment in Fuengirola

A very modern 2 bed 1 bath apartment in Los Pacos. Comes with garage+storage, renovated and fully equipp..

  • Bedrooms: 2
  • Bathrooms: 1
  • Constructed area: 70 m²

125.000€

For rent

TR00450
For rent TR00450

Fuengirola

Villa in Fuengirola

Spectacular, modern & NEWLY built house in 4 levels, LOVELY terraces. This stunning 4 bedroom SEMI DETAC..

  • Bedrooms: 4
  • Bathrooms: 3
  • Living area: 200 m²

1.500€/month

opportunity
TR00350
For rent TR00350

Fuengirola

Penthouse in Fuengirola

  • Bedrooms: 3
  • Bathrooms: 2
  • Constructed area: 150 m²

900€/month

TR0065
For rent TR0065

Fuengirola

Apartment in Fuengirola

Good apartment in central location, orientated southwest . 5th floor. Short term and long term lets.

  • Bedrooms: 1
  • Bathrooms: 1
  • Constructed area: 50 m²

550€/month

TR00150
For rent TR00150

Fuengirola

Luxury Villa in Fuengirola

Spacious villa for rent at quiet area yet still short walk from the beach. Lovely garden area with citron..

  • Bedrooms: 3
  • Bathrooms: 3
  • Constructed area: 340 m²

2.200€/month

Calle Jacinto Benavente 4, Fuengirola
29640 Fuengirola (Málaga)
  • SolexHomes
  • Calle Jacinto Benavente 4, Fuengirola
  • 29640 Fuengirola (Málaga)
  • (+34) 694413269
  • more

© SolexHomes 2017

Legal Notes