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Recovery of the Spanish Property Market  
Costa del Sol Property Expert Sees an Increase in Prices in the Coming Months  
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A Bright Future Ahead!  
Smart Homes & Xcape to the Sun Join Forces in Puerto Banus - Marbella  
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Marbella Property Market on the UP!  
Marbella, Spanish seventh city where more homes were sold in the first quarter 2014  
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Costa del Sol Housing Market Shows Improvement in First Quarter  
Spanish Property Sales rose 14 Percent in the First 3 months of 2014  
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The buying process
In general terms, in most countries, the buying process is the same. It is important that at the earliest stage of purchase you have an English speaking lawyer appointed who is fully conversant with the local laws. We can recommend a local lawyer or, of course, you can make your own appointment.

When you have decided on your property you will be required to make a deposit of between 3,000€ - 6,000€ on the property to secure it for you and to take it from the market. (The deposit can vary from one developer to another.) You should have sufficient funds on your credit card or cash when you travel for inspection.

After 28 days you will be required to make a further payment which will be in the region of 30% of the value of the property, (Again this can vary, depending on the payment terms.) You will only be asked to pay this when your lawyer has made all the necessary checks on the property and confirmed that it is clear for you to purchase and has all the necessary licenses. Depending on the agreed payment terms you will then either pay percentage payments and a final payment on completion when you exchange final contracts or one final payment.

Your lawyer will deal with all payments and land registration fees and local taxes.(Remember to allow for these extra costs over and above your purchase price. We show an indication of this as a percentage on our country guides.)

We will be glad to help you at all property purchasing stages.


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