Costa del Sol property sales, rentals & management

Buying a property in Spain

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Buying on the Costa del Sol

Purchasing a property overseas can be a daunting process, we know, we’ve done it ourselves! With over 15 years experience in the property market we will guide you through the entire process, from helping you to find the perfect property to recommending legal and financial professionals and aftersales services, holding your hand every step of the way.

Once you have found the ideal property and have decided that you wish to move forward with the purchase, it is time to make an offer. Once a price has been agreed both the seller and buyer will sign a reservation contract which is a standard procedure used in Spain to outline the basic terms and conditions of the purchase. At this stage the buyer will also be required to pay a reservation deposit of usually 6,000€. This will guarantee that the vendor withdraws the property from the market whilst your chosen lawyer conducts the searches and due diligence. This reservation deposit can be held by your chosen lawyer and is fully refundable in the event that any legal impediments relating to the property are discovered.

Once the lawyers due diligence has been completed, private purchase contracts will be drawn up by both, yours and the vendors lawyers, and you will usually be required to pay 10% deposit (less the initial reservation fee). This normally happens within two weeks but can vary.

The balance payment and exchange of keys is performed before a public notary who signs the new Escritura (title deed) and the land registry will be informed that a change of ownership has taken place.

Depending on whether the property is new or a re-sale, purchase costs in Spain including IVA (VAT), stamp duty, notary and legal fees can vary, but are usually 10% to 13.5% of the purchase price. If you require a mortgage for your purchase you should also consider average 1% to 1.5% mortgage set up fees.

 

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stdClass Object ( [Reference] => R3447961 [AgencyRef] => RADPS-03 [Country] => Spain [Area] => Costa del Sol [Location] => Calahonda [Type] => Ground Floor Apartment [Type2] => stdClass Object ( ) [Bedrooms] => 4 [Bathrooms] => 3 [Currency] => EUR [Price] => 310000 [OriginalPrice] => 310000 [Dimensions] => Metres [Built] => 175 [Terrace] => 0 [GardenPlot] => 0 [EnergyRated] => E [OwnProperty] => 1 [Pool] => 1 [Parking] => 1 [Garden] => 1 [Description] => Refurbished to a very high standard, this fantastic duplex apartment with four bedrooms is situated in a quiet part of the extremely popular Calahonda area. The property boasts spectacular panoramic sea and mountain views and is offered for sale fully furnished. On the entrance level the property features a hallway, off which is the spacious lounge/dining room leading to an enclosed terrace with glass curtains offering views to the Mediterranean Sea. It also provides access to the lower main terrace and bar/entertainment area which also features a 42 inch TV and hot tub. A fully fitted kitchen and utility room, double bedroom and shower room complete this level. The bedroom level is comprised of a large master bedroom with en-suite bathroom, two further double bedrooms and a family bathroom. The master bedroom and one further bedroom also provide access to the bar/entertainment area. All bedrooms on this level include a wall mounted TV. All bedrooms have fitted wardrobes. Set amongst well-tended communal gardens, this secure gated community has three swimming pools and a children’s play area. The property comes with a private, covered parking space and enclosed storage room. The local beaches are lined with traditional chiringuitos and a beachfront boardwalk leads to the neighbouring Cabopino marina and the former fishing village of La Cala de Mijas. The area is home to three commercial areas offering all amenities including supermarkets, banks and businesses along with many international restaurants, cafes and bars, Nearby, you will also find gymnasiums and sports facilities including a tennis club and 9-hole golf course with club house. Numerous other 18-hole golf courses can be found within fifteen minutes’ drive. The property is currently utilised for vacation rentals and would be ideal for rental investors, as a holiday home or as a permanent family residence [MainImage] => https://cdn.resales-online.com/public/yx1qlqbkkv/properties/eaeovcuhlgujcyb/w800/1-84e341d8bbd82f345ae3462e12485f3f.jpg?v=1571070155 )
stdClass Object ( [Reference] => R3453469 [AgencyRef] => RADPS-10 [Country] => Spain [Area] => Costa del Sol [Location] => Calahonda [Type] => Detached Villa [Type2] => stdClass Object ( ) [Bedrooms] => 3 [Bathrooms] => 2 [Currency] => EUR [Price] => 329000 [OriginalPrice] => 329000 [Dimensions] => Metres [Built] => 117 [Terrace] => 23 [GardenPlot] => 6 [EnergyRated] => stdClass Object ( ) [OwnProperty] => 1 [Pool] => 1 [Parking] => 1 [Garden] => 1 [Description] => Situated in a quiet residential street in lower Calahonda, this recently renovated villa is within easy walking distance of shops, cafes and restaurants as well as the beaches of Mijas Costa. Stretching from the beaches to the mountains behind, Calahonda is an established residential area home to all manner of amenities, from banks and businesses to gymnasiums, sports facilities and a 9-hole golf course. The wide sandy beaches offer a selection of traditional chiringuitos along with a nearby upmarket beach club. The neighbouring areas of La Cala de Mijas and Riviera del Sol along with the picturesque Cabopino marina can all be accessed via the beachfront boardwalk. The bright spacious villa features an “L” shaped lounge diner with feature fireplace and breakfast bar plus a further sun room/sitting room leading to a large sun terrace. Also on the ground floor is a guest cloakroom, fitted kitchen and a separate utility area which leads to a private courtyard. The first floor of the property offers three double bedrooms, one en-suite and all with fitted wardrobes. A family bathroom completes this level. One of only twelve properties in a small private urbanisation, the villa shares a communal swimming pool surrounded by mature landscaped gardens and also benefits from off road private parking. The local beaches are lined with traditional chiringuitos and a beachfront boardwalk leads to the neighbouring Cabopino marina and the former fishing village of La Cala de Mijas. The area is home to three commercial areas offering all amenities including supermarkets, banks and businesses along with many international restaurants, cafes and bars. You will also find gymnasiums and sports facilities including a tennis club and 9-hole golf course with club house. The property is sold fully furnished. [MainImage] => https://cdn.resales-online.com/public/yx1qlqbkkv/properties/hhjbggbelmopvrd/w800/1-84e341d8bbd82f345ae3462e12485f3f.jpg?v=1572526553 )