Once you've identified your ideal luxury Marbella property, a reservation deposit (typically â¬3,000 to â¬10,000, depending on the property's value) secures your intent. A reservation contract, outlining the buyer's and seller's details, agreed sale price, and any conditions, accompanies the deposit. Deposits are generally held by the estate agent or your legal representative, ensuring a secure transaction. Important: Never pay a reservation deposit directly to the vendor.

Never pay a reservation deposit directly to the vendor.

Due Diligence & Legal Searches:

Your legal counsel will conduct thorough due diligence, verifying the property's legal status, ownership, and any potential encumbrances. This includes comprehensive searches at the Land Registry to ensure a clear title.

Private Purchase Contract (Contrato de Compraventa):

Upon successful due diligence, a private purchase contract is executed, and a 10% deposit (less the initial reservation) is paid. This contract details the buyer's and seller's information, the agreed sale price, and the completion date. Withdrawal from the contract by the buyer results in deposit forfeiture; withdrawal by the seller requires double deposit repayment.

Title Deed (Escritura PÃºblica):

The final stage involves paying the remaining balance and signing the Title Deed before a Notary Public. Your solicitor will then register the property in your name at the Land Registry.

New Properties (Developer):

10% IVA (VAT) applies to properties purchased directly from developers.

Resale Properties (Private Owner):

Transfer Tax (ITP) rates: â¬0 - â¬400,000: 8% â¬400,001 - â¬700,000: 9% â¬700,001+: 10%

Notary and Land Registry Fees:

These vary based on property value.

Typically 1% of the purchase price.

Valid passport and NIE (NÃºmero de IdentificaciÃ³n de Extranjero) number, obtained personally at a police station or Spanish consulate/embassy.

Navigating Your Luxury Marbella Property Purchase with Estate Agents Marbella

Embarking on the journey to acquire a prestigious property in Marbella should be an exciting and seamless experience. At Estate Agents Marbella, we specialise in guiding discerning buyers through every step of the process, ensuring a smooth and successful transaction within the exclusive Marbella real estate market.

Our extensive portfolio features the finest luxury villas, penthouses, and apartments in Marbella's most sought-after locations. To safeguard your interests, we strongly recommend engaging a reputable legal professional. While Estate Agents Marbella maintains relationships with numerous highly competent solicitors in the region, we are pleased to offer recommendations based on your language preferences and specific needs.

The Marbella Property Purchase Process:

Reservation Deposit:
- Once you've identified your ideal luxury Marbella property, a reservation deposit (typically €3,000 to €10,000, depending on the property's value) secures your intent.
- A reservation contract, outlining the buyer's and seller's details, agreed sale price, and any conditions, accompanies the deposit.
- Deposits are generally held by the estate agent or your legal representative, ensuring a secure transaction.
- Important: Never pay a reservation deposit directly to the vendor.
Due Diligence & Legal Searches:
- Your legal counsel will conduct thorough due diligence, verifying the property's legal status, ownership, and any potential encumbrances.
- This includes comprehensive searches at the Land Registry to ensure a clear title.
Private Purchase Contract (Contrato de Compraventa):
- Upon successful due diligence, a private purchase contract is executed, and a 10% deposit (less the initial reservation) is paid.
- This contract details the buyer's and seller's information, the agreed sale price, and the completion date.
- Withdrawal from the contract by the buyer results in deposit forfeiture; withdrawal by the seller requires double deposit repayment.
Title Deed (Escritura Pública):
- The final stage involves paying the remaining balance and signing the Title Deed before a Notary Public.
- Your solicitor will then register the property in your name at the Land Registry.

Marbella Property Purchase Costs (2025):

New Properties (Developer):
- 10% IVA (VAT) applies to properties purchased directly from developers.
Resale Properties (Private Owner):
- Transfer Tax (ITP) rates:
  - €0 - €400,000: 8%
  - €400,001 - €700,000: 9%
  - €700,001+: 10%
Notary and Land Registry Fees: These vary based on property value.
Legal Fees: Typically 1% of the purchase price.

Essential Documentation:

British Nationals: Valid passport and NIE (Número de Identificación de Extranjero) number, obtained personally at a police station or Spanish consulate/embassy.

Estate Agents Marbella Recommendations:

Open a Spanish bank account for transaction ease and utility direct debits.
Draft a Spanish will to simplify inheritance procedures for your Spanish assets.

Why Choose Estate Agents Marbella?

Estate Agents Marbella provides unparalleled access to Marbella's most luxurious properties, coupled with expert guidance and discreet service. Our commitment to excellence ensures your property purchase is a rewarding and stress-free experience.