Article List

The confinement caused by the covid-19 has instigated more than one citizen to rethink the type of home they want to live in. And after several months with low sales and buyer activity, due mainly to the lockdown making viewings all but impossible, August presents itself as a very good month to buy and sell. We have noticed an increase in requests for houses, penthouses, ....

1. The reservation contract (Contrato de Reserva) This is normally the first legal document to be signed in your purchase process. A reservation deposit (typically €3000) is paid and then the property is taken off the market and the price you have agreed is frozen. Within the contract it will state: the agreed price, the date for the Private Purchase Contract (PPC) to be signed ....