Step 2 – Property Viewings and Reservations in Spain

We require at least one week’s notice to organize your property visits.
This allows us to coordinate with sellers’ agents and ensure a smooth and efficient schedule.

Visits cannot be arranged at the last minute or from one day to the next.

We strongly recommend renting a car, as our services do not include transportation during property visits.

Please make sure that all key decision-makers are present during the visits.
The Spanish real estate market moves fast — delays in decision-making may result in missed opportunities.

We strongly recommend signing a power of attorney during your first visit to Spain.
(Cost: under €150, covered by the buyer)

This allows our team to handle all legal and administrative steps on your behalf — saving you time, money, and travel.
Without a power of attorney, delays are likely and may impact your purchase timeline.

In Spain, properties are sold in their current condition (“a cuerpo cierto” in Spanish).

Sellers are not obligated to clean or renovate the property unless explicitly agreed upon in writing.
Any such agreement must be included in the reservation or purchase contract — once it’s signed, it’s too late to renegotiate.

1. Reservation Contract (reserva)

• Temporarily holds the property (usually for 10–15 days) in exchange for a deposit
  (typically between €2,000 and €5,000)

• Binds both parties but is less restrictive than a formal purchase agreement

2. Deposit Contract (contrato de arras)

• A legally binding agreement to purchase the property

• The buyer typically pays 10% of the total purchase price

• The contract outlines all terms, deadlines, and obligations

If the buyer cancels:
→ They lose the amount paid.

If the seller cancels:
→ They must return double the amount received.

These contracts are legally binding and non-refundable.
It’s essential to define all terms clearly at this stage, including:

• Furniture or appliances included in the sale

• Any renovations agreed with the seller

• Exact dates for signing and handover

• Any other important clauses or expectations

Important Considerations

No Standard Mortgage Contingency

Unlike other countries, Spanish contracts do not include a financing clause by default.
If your mortgage is denied and no such clause was negotiated, you may lose your deposit.

It is possible to request a mortgage clause, but it must be explicitly included in the contract and agreed upon by the seller.

Always ensure you have a confirmed financing solution before committing.

In addition to the property’s purchase price, the following costs apply:

• Property transfer tax: 6–10% depending on the region
  (e.g. 10% in Catalonia and Valencia, 8% in Andalusia)

• SpainEasy commission

• Notary fund provision (provision de fonds notariale)

This fund is not a fixed fee, but an advance to cover:

• Registration of the new owner

• Administrative procedures (land registry, certificates, etc.)

⏳ Around 3 to 8 months after signing, the notary will reconcile the actual expenses:

• If the provision was higher than the actual cost → you’ll receive a refund

• If the actual cost was higher → you’ll be asked to pay the difference

Please communicate exclusively through SpainEasy for any matter related to your property purchase.

Here’s why:

• To ensure clear, consistent, and up-to-date information
• To protect you from misinformation or missing details provided by third parties
• To guarantee full legal oversight and smooth coordination at every stage