Buying a property in Marbella is not just an investment, it’s a lifestyle. Marbella Golf Estates (MGA) is here to guide you through the entire process, making it smooth, secure, and tailored to your needs. With our in-house lawyer, you have expert legal support every step of the way.
1. Define Your Budget and Financing Options
Before searching, decide on your budget, including the purchase price, taxes, legal fees, and other costs.
Mortgages: Non-residents can usually finance up to 70% of the property value through Spanish banks.
Currency considerations: Plan for transfers and currency exchange to avoid surprises.
2. Choose the Right Property
Marbella offers a wide variety of properties, from luxury villas to modern apartments, townhouses, and penthouses. Consider:
- Location: Close to golf courses, beaches, schools, or city center.
- Type: New build or resale? Modern or classic style?
- Lifestyle needs: Private pool, garden, security, or proximity to social hubs.
3. Legal Requirements Made Easy
With MGA, legal complexities are simple. Our in-house lawyer ensures everything is in order:
- Obtain your NIE Number (required for all property purchases).
- Open a Spanish bank account for payments, taxes, and utilities.
- Verify that the property is free from debts, liens, or planning restrictions.
4. Making an Offer and Reservation
Once you find your property, your MGA agent will help you:
- Make an official offer.
- Sign a reservation contract with a small deposit (typically 3–5%).
5. Due Diligence
Our in-house lawyer carefully checks:
- Property title and registration.
- Existing debts, mortgages, or community fees.
- Building permits and licenses.
6. Private Purchase Contract
After due diligence, you’ll sign a private contract and usually pay 10% of the property price. This makes the purchase legally binding.
7. Completion at the Notary
The final deed (Escritura de Compraventa) is signed at a notary office. Remaining payments are made, and ownership is officially transferred.
8. Taxes and Fees
- Property Transfer Tax (ITP): 7–10% for resale properties.
- VAT (IVA): 10% for new builds.
- Notary & Land Registration Fees: 0.5–1% each.
- Legal Fees: Typically 1–2% of the purchase price (handled directly by MGA’s in-house lawyer).
9. Registration and Ongoing Costs
- Your property is registered in your name by our in-house lawyer.
- Annual costs include IBI property tax, community fees, and utility bills.
Why choose Marbella Golf Estates?
At Marbella Golf Estates, we don’t just sell properties, we guide you to make the right choice for your lifestyle and investment. With our in-house legal team, expert agents, and local connections, your purchase is smooth, safe, and completely transparent.
Best,
Johan Mihkelson Ringqvist
CEO & Founder
Marbella Golf Estates
Ekholmsnäs Golf Lidingö
Contact:
johan@marbellagolfestates.com
+46 708 752 557
Spain Office:
Peter Jacobsen Premium Estates
Avenida Tomás Pascual 22
Club de Golf La Quinta
29679 Benahavís
Sweden Office:
Marbella Golf Estates
Ekholmsnäs Golf Lidingö
Ekholmsnäsvägen 87
181 41 Lidingö