Buying a Property with Enso Team Realty
A Smooth & Transparent Process from Start to Finish
Purchasing property in Spain is an exciting opportunity, whether you're looking for a dream home, an investment, or a holiday retreat. However, navigating the process can be complex without the right guidance. At Enso Team Realty, we simplify every step, ensuring it's clear, efficient, and tailored to your needs, so you can buy with confidence.
Step 1: Defining Your Ideal Property
The first step is understanding exactly what you're looking for. We take into account your lifestyle, budget, and preferences to curate a list of properties that align with your vision. Whether it’s a luxury villa, a beachfront apartment, or an investment property, we’ll find the best fit for you.
Step 2: Property Viewings & On-Site Visits
Once we have a selection of potential properties, we arrange viewings at your convenience. If you're traveling from abroad, we can assist with logistics to make your visit as smooth as possible, including airport pickups and private viewings to maximize your time.
Step 3: Legal Review & Due Diligence
To ensure your investment is secure, we strongly recommend hiring an independent legal advisor specializing in Spanish property law. We can connect you with trusted professionals who will:
✅ Verify ownership & legal standing of the property.
✅ Ensure it is free of debts, liens, or legal complications.
✅ Check that all building licenses & permits are in place.
✅ Review developer credentials and guarantee protections for new builds.
For off-plan or newly built properties, additional checks include:
✔ Ensuring a bank guarantee is in place to protect your investment.
✔ Reviewing the Seguro Decenal, a 10-year structural warranty for new properties.
✔ Confirming the property is registered correctly in the land registry.
Step 4: Reservation & Contract Signing
Once you’ve chosen your property, a reservation agreement is signed, and a deposit is paid (typically €6,000+) to temporarily remove it from the market.
Your legal advisor will then conduct final due diligence before proceeding to the Private Purchase Contract (PPC), typically signed within two weeks. This contract outlines all the agreed terms, secures the property under your name, and sets a clear timeline for the final transaction, ensuring both parties are fully committed.
Step 5: Finalizing the Purchase
The final step is signing the title deed (Escritura Pública) before a Notary Public, officially transferring ownership. At this stage:
🏡 Ownership is legally registered under your name.
💰 Final payment is completed, including any taxes.
🔑 You receive the keys to your new home.
Your legal representative will handle the Land Registry update and assist with setting up utilities and other essentials for a smooth transition.
Step 6: Understanding the Taxes & Fees
Before finalizing your purchase, it's essential to be aware of the costs involved. These vary depending on whether you are buying a resale property or a new build.
For Resale Properties (Previously Owned Homes)
Property Transfer Tax (ITP): 7% of the purchase price in Andalucía (Updated 2024).
Notary Fees: Ranges from €500 – €1,800, depending on property value.
Land Registry Fees: Typically 50-70% of the notary fee.
Legal Fees: Usually 1% – 1.5% of the purchase price, plus 21% VAT.
For New Build Properties (Direct from Developer)
VAT (IVA):
10% for residential properties (apartments, villas, townhouses).
21% for land, commercial properties, and separately sold garages or storage units.
Stamp Duty (AJD): 1.2% of the purchase price.
Notary Fees: €500 – €1,800, depending on property value.
Land Registry Fees: 50-70% of the notary fee.
Legal Fees: 1% – 1.5% of the purchase price + 21% VAT.
Why Choose Enso Team Realty?
Our expertise goes beyond buying and selling—we offer tailored, transparent, and client-focused service that ensures your property purchase is smooth, secure, and stress-free.
📩 Thinking about buying in Spain? Let’s talk!