There are several financial and legal requirements that you should be aware of when purchasing and selling property in Marbella, Spain.

Financial requirements:

• Deposit: Most property purchases in Spain require a deposit to be paid when the purchase agreement is signed. The amount of the deposit will vary depending on the property and the terms of the purchase agreement.
• Mortgage: If you are financing the purchase of the property with a mortgage, you will need to meet the lender’s requirements and provide the necessary documentation. This may include proof of income, assets, and liabilities, as well as a down payment.
• Closing costs: You will be responsible for paying closing costs, which may include taxes, legal fees, and other expenses. The exact amount will depend on the purchase price of the property and the terms of the sale.

Legal requirements:

• Purchase agreement: When you purchase a property in Spain, you will need to sign a purchase agreement (contrato de compraventa) that outlines the terms of the sale, including the purchase price, closing date, and any contingencies.
• Title deed: The title deed (escritura de compraventa) is a legal document that transfers ownership of the property from the seller to the buyer. The title deed must be signed by both parties in the presence of a notary and registered at the property registry (Registro de la Propiedad).
• Taxes: You will be responsible for paying taxes on the purchase of the property, including a transfer tax (impuesto sobre transmisiones patrimoniales) and a stamp duty (impuesto sobre actos jurídicos documentados). The exact amount of these taxes will depend on the purchase price of the property and the location of the property.