The Buying Process

2nd November 2022
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Buying a property with Atrium is very easy and clear procedure. All our sales executives possess a diverse experience and profound knowledge to make sure you have nothing to worry about during each stage of the process.

Here’s a quick guideline for you on how to purchase your new home on Costa del Sol with us:

After you´ve done your research online and got yourself acquainted with Costa del Sol, have a chat with one of our agents about the locations that you consider buying in. They will be happy to provide you with the necessary information and valuable advice about the local services, amenities, schools, etc. to meet your needs.

Now, when you have a couple of locations in mind, we can move on to the next step and discuss your preferences and start looking for a perfect option. With an access to the database of over 13 000 properties, without a doubt we will find THE ONE that will meet all your needs!

Our agent will prepare a selection of properties and organise the viewing tour for you. We have a multilingual team of sales executives to guide you through the whole process in the most suitable language for you.

Once you have chosen the one, the next step would be to seek an independent legal and financial advisor, to make you feel at ease in every step of the process. If you don’t have your legal or financial advisor, we will recommend you one.

Once your offer on the property has been accepted, Atrium to draw up the Deposit and reservation contract. The deposit is required to secure the property and take it off the market whilst your lawyer carries out the due diligence. The deposit amount usually depends on the value of the property and normally start from 6 000€.

Once it is verified that the property is legally registered, has no hidden costs, it is free from any debts and charges, your lawyer will discuss the next step with you and prepare the private purchase contract, which will contain the description of the property, the payment structure and the completion date. At this stage you will be required to make a down payment of 10% of the agreed purchase price and pay the rest on the completion date. The property deed will be signed at the Notary and you will finally become the owner of your dream home.

Here are the estimated costs for each step of the purchase process which normally vary from 10% to 13,5%:

10% VAT (IVA) - new properties

7% - resale properties

1% notary fee

1% legal fees

1,5% stamp duty tax

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2nd November 2022