Gecko Towers:
Core to our purpose is to identify those elements that you, in your search for your perfect Marbella property, will need to consider, deal with and, probably, sign in pursuit of your goal.
You are not alone in this confusing and alien world as our team of experienced, trusted, local and bi-lingual lawyers (Spanish Abogados) will lead you through this, often, complicated process. However, I firmly believe you will want to be informed of some of the basics.
This is the next in a short series of blogs about those pieces of administration – paperwork and the like – that you will need to consider with your Abogado. “Being forewarned is forearmed” is a great mantra for the Marbella property market, so here goes.
Having previously explored the Contrato de Arras and the Due Diligence you should undertake prior to purchase of your selected property – see here https://marbellapropertylawyers.com/mpl-what-is-a-contrato-de-arras and here https://marbellapropertylawyers.com/mpl-due-diligence-when-buying-a-marbella-property we now turn our attention to the CompraVenta – also known as a Contrato de Compraventa – that is the final sales contract used for property transactions.
Here’s a detailed overview:
Definition
The CompraVenta is a notarized contract – in the form of a Deed – that formalizes the sale (vender)) and purchase (comprar) of a property, outlining the terms and conditions agreed upon by the buyer and seller.
Key Elements
Property Description: The contract includes a detailed description of the property, including its location, size, and characteristics.
Purchase Price: The contract states the purchase price, payment terms, and any conditions or contingencies.
Payment Method: The contract specifies the payment method, such as bank transfer or cash.
Transfer of Ownership: The contract confirms the transfer of ownership from the seller to the buyer.
Warranties and Representations: The seller provides warranties and representations regarding the property’s condition, ownership, and any outstanding debts or liens.
Notarization
The CompraVenta must be signed before a notary public (notario) in Andalucia, who:
Verifies Identity: The Notary verifies the identities of the buyer and seller.
Explains the Contract: The Notary explains the contract’s terms and conditions to both parties.
Witnesses Signatures: The Notary formally witnesses the signatures of the buyer and seller.
Registration
After signing the CompraVenta, the buyer must register – most likely undertaken by your trusted Spanish Abogado – the property in their name at the:
Property Registry (Registro de la Propiedad): To update the property’s ownership records.
Town Hall (Ayuntamiento): To notify the local authorities of the change in ownership.
The CompraVenta is a critical document in a Marbella real estate transactions, providing a clear and binding agreement between the buyer and seller.
Please subscribe to the www.marbellapropertylawyers.com blog by adding your e-mail below.
Should you be interested in discussing the process involved in buying a property in the Marbella region, we would be delighted to assist you. We have an experience-qualified and best of breed Associates Network comprising professionals focused on the Marbella region’s property market. Their services include property search, mortgages, legal and tax services, visas, surveying, insurance and currency brokerage. We have done the leg work, testing the quality of our Associates Network and now feel confident in recommending their services to you.
Please note that our posts are for general interest. There is no substitute for proper advice tailored to your specific circumstances as provided by a qualified Abogado who is experienced in the application of the Spanish Law. Nothing contained in this article should be seen or taken as legal, tax or financial advice and cannot be relied upon as such. Neither the writer nor the publisher accepts any responsibility for liabilities arising as a result of reliance upon the information given. All details have been reasonably fact-checked and all efforts have been taken to ensure that facts are accurate as at the date of publication.
You may also be interested to join and share in the FaceBook Group “Costa del Sol – The Best Place to Live in Europe” – please click this link – Costa del Sol – The Best Place To Live In Europe
My details: Mark FR Wilkins, during usual business hours on +34 600 343 917 or e-mail me at mark@therightsgroup.com
© Mark FR Wilkins 2025. All rights reserved.
Leave a Reply