What is the purchase process in Spain

Find out how long it takes to buy a property and each step you need to take.

The purchase process in Spain takes are 3 months, assuming there are no issues with the property or you financing.

Step 1

Reserving the property

Once you have found the property you would like to purchase and you have agreed a price, it's time to reserve.

The most common deposit is 3000 Euros, but this is usually for properties under 500,000. If above you can expect to pay a % of the purchase price.

The reservation deposit should be refundable, but you will need to ensure your lawyer has properly negotiated on your behalf. As a rule agents prefer if the deposit is non-refundable, then you are locked into the purchase, which suits them fine!