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

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
  • Constructed area: 131 m˛

265.000€

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

249.000€

T00405
For sale T00405

Fuengirola

Apartment in Fuengirola

Lovely 1 bed apartment located in the heart of Fuengirola, Paseo Maritimo, close to all amenities and rig..

  • Bedrooms: 1
  • Constructed area: 62 m˛

122.000€

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
  • Constructed area: 61 m˛

110.000€

T00353
For sale T00353

Fuengirola

Apartment in Fuengirola

Lovely 1bedroom ground floor, perfect for dog owners or people who love to have their own garden. Reasona..

  • Bedrooms: 1
  • Constructed area: 65 m˛

93.000€

T00409
For sale T00409

Fuengirola

Apartment in Fuengirola

Very well located apartment. Renovated spacious apartment.

  • Bedrooms: 3
  • Constructed area: 95 m˛

165.000€

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
  • Constructed area: 260 m˛

290.000€

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
  • Constructed area: 68 m˛

139.000€

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
  • Constructed area: 68 m˛

104.000€

T00331
For sale T00331

Fuengirola

Apartment in Fuengirola

For sale lovely 1bedroom property in Mijas Golf. Big terrace. Lovely community area. Open plan kitchen. F..

  • Bedrooms: 1
  • Constructed area: 55 m˛

79.000€

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
  • Constructed area: 90 m˛

129.000€

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
  • Constructed area: 70 m˛

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
  • Living area: 200 m˛

1.500€/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