Contact

Do not hesitate to contact Rise Estate. We will help you find your dream home and location.

Frequently Asked Questions

What are the most frequent questions my clients contact and ask me before/during the process of buying a property here in Costa de Sol?

How is the process when we find a property we really like?

When you find an apartment/ a townhouse/a villa or another type of property you would like to buy, I always call for a short meeting where I explain our strategy before putting an offer forward to the vendor. When we have reached an agreement of the price you as a buyer will put a deposit into your lawyer’s client account and sign a reservation contract to reserve the property. The vendor will put the property as reserved and stop all future viewings. The lawyers start the process of going trough all the documents of the property to make sure all is fine and that there are no legal issues. In between 10 – 14 days you will sign the private purchase contract and pay the 10% of the agreed sales price. Within another 3-4 weeks all will be ready, and the title deed will be signed at the notary and the final payment will be done. Now the property is yours and you will receive the keys and all other documentations.

What are the costs to buy a property in the Marbella region?

The costs are as follows:
You must pay a transfer tax on agreed sales price. This transfer tax used to vary on resales properties between 8-10% depending on the sales price of the property. In year 2021 the Junta de Andalucía decided to put the transfer tax to a flat rate at 7%. If you buy a new built property, you pay 10% VAT plus a stamp duty tax of 1,2%. You will also have to pay a legal fee (lawyers fee) that normally is between 0,75-1% of the sales price. If you need a mortgage (loan in a Spanish bank) you must pay a stamp duty fee of 0,5-1% depending on the area the property is in. The bank granting the loan will also require a valuation of the property. It costs between 300-500 euros. The bank will also charge a start-up fee of around 1% of the loan. There will be notary fee of around 500-800 euros and (if you will have a mortgage) title registration fee of between 300-500 euros.

Is it true that you can bargain on any property in Marbella region between 10-15% of the asking price?

It’s NOT true. How much you can bargain on a property depending on lots of different things such as; state of the property (in need of renovation or newly renovated), demand of the property, demand of the area, the asking price in relation to the actual market, how long the property has been on the market etc. At the moment in Marbella region there are high demand on all kinds of properties and there are more buyers than properties for sale which means it’s the seller market. This can change over time but since Marbella region has more than 100 different nationalities that buy properties here, makes the demand very high and lots of properties sell close to the asking price. If you are a cash buyer (don’t need a loan) and can make a quick deal your position of a good bargain rises.

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anders@riseestatemarbella.com

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+34 647 999 147

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+34 951 979 572

Happy Clients

“My friends and I strongly recommend Anders Rise and the real estate firm Rise Estate in Marbella. Anders is responsible, trustful and very helpful.

He is as well creative and presents his own proposals once he knows what the client is looking for. Contact Anders if you are looking for a reliable and pleasant real estate agent who also has many years of experience in the real estate business in Marbella.”

Peo Larsson, Sweden

“Anders is knowledgeable, clear and has a big knowledge of the property market at the Costa del Sol as he lived here with his family for many years.

If you seek a competent, meticulous and stable real estate agent, we can recommend Anders Rise. That he has knowledge in law is also a big advantage.”

Christine & Göran Schedin, Sweden

“We would like to thank Anders for a fantastic job!

We are incredibly satisfied with how he has handled the process of our “spontaneous purchase” in La Heredia. Since our first contact until we had the keys in our hands Anders has been very friendly and professional and we have felt confident with him by our side during the whole process. We will sincerely recommend Anders for those looking to buy a property in Spain.”

Maria Göthlin, Sweden

“We have had the pleasure of dealing with Anders from Rise Estate Marbella on two occasions when selling property on the Costa del Sol. Anders has a wealth of knowledge regarding the Marbella area and the property market on the Costa del Sol. His advice has been invaluable both in marketing our property and obtaining a very satisfactory sale in a short time. Anders is professional, friendly and above all he communicated with us at every stage, keeping us informed and making the whole process smooth and hassle-free. We would have no hesitation in recommending Rise Estate Marbella and use their services again when next selling or buying a property here on the Costa del Sol. A totally five-star experience.”

Glenn and Karen Patterson, UK

“We are very happy with you as our agent. On a scale of 1-10, a strong 10. As we have been looking for houses both in Nerja and Marbella we have met a lot of agents, we felt very confident with you with everything, from contracting the home insurance to the lawyer. For us, it is also an extra security that all of you speak Swedish so there are no misunderstandings.

We are very pleasantly surprised that even though the sale is finished and the contract signed, you have helped us with more things we had not expected, such as cleaning inside and outside of the house. And if we have any questions, for example on where to go if something is broken, we know we can give you a call even if your job is done. We will really recommend you to our friends. We feel like we have found a new friend in Marbella.”

Ann y Rolf Östman, Sweden

“Anders and I have known each other for about three years. I work in the construction business, having my own company, and have helped several of the clients of Anders with renovations of their properties. Anders is very professional and service-minded and takes pride in knowing what the clients really want, which makes my job a lot easier. I hope we can keep our collaboration for a long time and I warmly recommend him to my clients interested in buying or selling a property at the Costa del Sol.”

David Wood, UK

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