How to buy a property on the Costa del Sol, Spain
—
A QUICK GUIDE
Why Choose StartGroup?
With over 20 years of experience and 1,000+ properties on our books, StartGroup offers unmatched local expertise in Calahonda, La Cala de Mijas, Cabopino, and Riviera del Sol. Our multilingual, certified agents (G.I.P.E. licensed) provide personalized service, from finding your ideal home to answering post-purchase questions. We’re the first in Spain to earn the MMCEPI quality seal and AIPP certification, ensuring a secure transaction.
All our agents are certified by G.I.P.E, and we are one of the few agencies to have been awarded the MMCEPI quality seal
How does the process work?
1
Make an offer
When you have found the right property it is time to make an offer. Negotiate the price with our help and experience to find an agreeable price for buyer and seller.
2
Reservation contract and deposit
When the price and conditions are agreed, the buyer will pay a deposit of, normally, 6000 Euros so the vendor withdraws the property from the market.
3
Exchange of private contracts
If the completion of the sale is more than 30 days after the reservation, a further payment of 10% (minus the deposit already paid) is done at the signing of a private purchase contract.
4
Completion of the sale
The final payment and exchange of keys is done before a public notary who signs and registers the new title deed, “Escritura”
StartGroup’s continuous training, certification and improvement efforts result in a knowledgeable and motivated team of estate agents and service personnel – ensuring that you have a secure and successful property transaction!
What are the Cost and Fees Involved in the Purchase?
Resale Property
Add ~9-10% for taxes (7% ITP), notary, registry, and lawyer fees.
New Property
Add ~12-14% for 10% VAT, 1.2% stamp duty, and other fees.
Vendor Taxes
Plusvalia (municipal tax on land value increase) and capital gains tax (19-23%).
Our knowledgeable team will answer your questions about your purchase in English
Further questions? Ready to find your dream place?
Or by telephone +34 952 90 48 90 or email: info@startgroup.com or visit our offices in Calahonda, Mijas Costa and Benalmádena
All information is correct at the publishing of this article in November 2021 and is meant as a Buyers Guide for property on the Costa del Sol. The text has no contractual value and can be subject to change without prior notice.
