1. Tourist rentals are subject to specific regulations In Andalusia, a Vivienda de Uso Turístico (VUT) is a property offered for accommodation on a paid, regular basis for tourism purposes. A rental to the same person for a continuous period of more than two months is not considered a VUT. 2. Approval from the homeowners’ […]
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In Spain, the notary is responsible for ensuring that the transaction complies with the law and must remain impartial toward both parties. A lawyer representing the buyer, on the other hand, acts solely in the buyer’s interests and can review the property before any legally binding documents are signed.
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Buyers from European Union countries can apply for a mortgage in Spain even if they are not Spanish residents. Lending terms will depend on the bank, the buyer’s country of residence, income and overall financial profile.
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Buying property in Spain can seem complicated, especially if it is your first purchase and you are unfamiliar with the local process. In practice, however, the transaction follows a clear structure, and with the right professional support, it can be completed smoothly and securely. If you are considering buying an apartment, house or villa on the Costa del Sol, these are the key steps you should expect.
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1. Signing a reservation agreement or arras before checking the property In Spain, an arras agreement is a binding private contract. If the parties agree on arras penitenciales, the buyer will generally lose the amount paid if they withdraw from the transaction. If the seller withdraws, they are generally required to return twice the amount […]
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