Frequently Asked Questions
Buying a Property
To buy a house, the first step is to set your budget and secure financing if needed. Find a trusted real estate agent to help you search for properties, then visit and choose the right one. Once you make an offer, we advise you to hire a lawyer to ensure everything is legally sound before signing the contract.
The average closing time for buying a house in Marbella is typically around 6 to 8 weeks. This can vary depending on factors like financing approval, legal checks and negotiations.
For residents: Typically, around 10-20% of the property purchase price.
For non-residents: Generally higher, usually around 20-30% of the property’s price.
Yes, we can assist you with mortgage broker services and provide recommendations for trusted lenders in Marbella. We work with a variety of banks and financial institutions to help you find the best mortgage options based on your needs, whether you’re a resident or not. Feel free to contact us for personalized advice or to discuss your mortgage options.
To know if you qualify for a mortgage in Spain, there are several key factors that banks and lenders typically look at. Here’s an overview of what you should consider when determining your eligibility:
1. Stable Income from a job, self-employment or a business is required.
2. Your debt-to-income ratio should be under 30-35%.
3. Typically, you’ll need a 20-30% deposit for non-residents and 10-20% for residents.
The bank finances 70-80% of the property value.
4. The bank will require an independent valuation of the property to ensure it meets the loan amount.
5. You’ll have to provide bank statements, tax returns or pay slips to prove you can afford the mortgage payments.
6. Most banks require the borrower to be under 75-80 years old by the end of the mortgage term.
Selling a Property
To list your house for sale with O’live Group, simply contact us to schedule a consultation. We’ll assess your property, discuss your selling goals, and guide you through the paperwork. Once everything is in place, we’ll market your home to potential buyers through our extensive network and advertising channels.
To sell your house with us, we start a property evaluation, followed by signing a listing agreement. We then market your property, arrange viewings, and assist with negotiations. Once you accept an offer, we handle the legal paperwork and guide you through the closing process.
Yes! We offer home valuations and market analysis for sellers to help determine the best price for your property based on current market conditions.
To prepare your home for sale, clean and declutter, make necessary repairs, stage the home, enhance curb appeal, and consider professional photos to attract potential buyers and get the best price. Please let us know if you need any help with anything!
Renting a Property
If you are looking for rental properties, simply contact us with your preferences, such as location, budget, and property type. We’ll provide a selection of available listing and arrange viewings to help you find the perfect rental!
Yes, we can assist renters in negotiating lease terms to ensure you get the best possible agreement, including rent, duration and any special conditions.
To rent a home through our agency, you’ll typically need the following documents:
1. Passport or ID
2. Proof of income (e.g., pay stubs, bank statements, or employment contract)
3. Credit report (optional but may be requested)
4. Rental application form (provided by our agency)
These documents help us process your application smoothly.
Property Valuation & Market Analysis
To get an accurate property valuation, simply contact us to schedule an appointment. We’ll asses your property, consider current market trends, and provide a detailed valuation based on location, condition, and comparable sales in the area.
Yes, you can request a comparative market analysis for your home. We’ll provide a detailed report comparing your property with similar homes in the area to help determine its currents market value.
The value of a home is influenced by location, condition, market trends, comparable sales and curb appeal. These factor all play a role in determining its market price
It’s recommended to update the value of your property every 1-2 years, or whenever there are significant market changes, renovations or if you’re considering selling or refinancing. This ensures you have an accurate understanding of its current worth.
Financing & Mortgages
To know if you qualify for a mortgage in Spain, there are several key factors that banks and lenders typically look at. Here’s an overview of what you should consider when determining your eligibility:
1. Stable Income from a job, self-employment or a business is required.
2. Your debt-to-income ratio should be under 30-35%.
3. Typically, you’ll need a 20-30% deposit for non-residents and 10-20% for residents. The bank finances 70-80% of the property value.
4. The bank will require an independent valuation of the property to ensure it meets the loan amount.
5. You’ll have to provide bank statements, tax returns or pay slips to prove you can afford the mortgage payments.
6. Most banks require the borrower to be under 75-80 years old by the end of the mortgage term.
Fixed-rate mortgage: The interest rate stays the same throughout the loan, offering predictable monthly payments and stability.
Adjustable-rate mortgage: The interest rate is tied to an index (like EURIBOR) and can change over time, meaning you payments could go up or down depending on market conditions.
For residents: Typically, around 10-20% of the property purchase price.
For non-residents: Generally higher, usually around 20-30% of the property’s price.
Yes, you can get pre-approved for a mortgage before you start looking for a house. Pre-approval helps you understand your budget, speeds up the process and strengthens you offer to sellers. To get pre-approved, you’ll need to provide financial documents like proof of income and bank statements. The bank will assess your financial situation and determine how much they’re willing to lend you. Pre-approval gives you a clear idea of what you can afford when house hunting.
Contracts & Legal Matters
For a purchase agreement in Spain, you can expect details about the buyer and seller, property description, purchase price, deposit (usually 10%), closing date, additional costs (taxes, notary fees), and contingencies.
For a lease contract, expect the rent amount, lease term, security deposit (usually 1-2 months’ rent), maintenance responsibilities, property condition, termination clauses, and renewal terms.
When buying a home in Spain, you’ll face costs like Property Transfer Tax (6-10%), notary and registration fees (0.1-0.5% of the property price), legal fees (1-2%), valuation fees (€300-€500), and mortgage fees (up to 1% of the loan).
When selling, expect Capital Gains Tax (19-23% on profit), notary fees, real estate agent fees (3-5%), and legal fees if you hire a lawyer. These costs can add up, so it’s important to budget for them.
Buyers typically cover taxes, notary fees, registration and mortgage-related costs. Sellers usually cover real estate agents commissions and capital gains tax. Both parties may share notary fees in some cases.
Once a contract is signed, changes are generally difficult but possible with mutual agreement. For a purchase agreement, changes can be made if both parties agree or if specific contingencies are met. For a lease contract, tenants and landlords can renegotiate terms, but it requires mutual consent and a formal amendment.
An offer is a suggestion, while a binding contract is a finalized and enforceable agreement.
Property Management Services
Yes, we offer property management services for landlords, including tenant screening, rent collection, property maintenance, and ensuring compliance with local regulations. Our team takes care of all aspects of managing your property to ensure a smooth and profitable rentalexperience.
Yes, you can list your property for rent through our office. We’ll help market your property,
find qualified tenants, and handle all necessary paperwork to ensure a smooth rental process.
Market Trends & Investment Opportunities
The real estate market in southern Spain, particularly in regions like Andalusia, is currently experiencing notable activity. In the second quarter of 2024, Spanish house prices increased by 5,71% to €1,869 per square meter compared to the same period previous year.
Yes! Several. These areas are becoming increasingly popular due to their growth potential, development plans and proximity to Marbella’s amenities and attractions:
1. Estepona
Estepona is rapidly developing and offers more affordable property options compared to Marbella, making it attractive for investors. It has a beautiful coastline, a charming old town, and is seeing increased investment in a new residential and commercial developments.
2. Benahavís
It is known as the “gastronomic capital” of the Costa del Sol, Benahavis is growing in popularity. It offers more a tranquil and rural lifestyle but is close to Marbella and the beach.
3. San Pedro de Alcantara
Located just west of Marbella, San Pedro is undergoing significant redevelopment, including a new boulevard and pedestrian-friendly areas. It offers more affordable prices compared to Marbella but with similar access to amenities and beach areas.
1. Consultation: We discuss your investment goals and property preferences.
2. Property search: We present suitable properties, including exclusive listings.
3. Due diligence: We handle property evaluations, legal checks and financial assessments.
4. Financing: We assist with mortgage options and help create an investment strategy.
5. Transaction management: We guide you through the purchase process and ensure all legal requirements are met.
6. Ongoing support: We provide market updated and property management services for long-term success.
Feel free to contact us to get started!
Yes, we offer advice on real estate investment, including market insights, tailored investment strategies, property selection, legal and financial guidance, risk management and ongoing support to help you optimize your investment.
To sell your house for the highest value, focus on enhancing curb appeal, staging the home, making key repairs, and pricing it right. Highlight unique features, market effectively with professional photos and online listings, and be flexible with showings. Consider selling during peak seasons and negotiate wisely for the best offer.
Customer Support & Communication
You can contact us for more information via phone, email, in person at our office or through social media! Were excited to help.
If you want to schedule an appointment, simply contact us via phone, email or our website.
Let us know the property you’re interested in, and we’ll arrange a convenient time for the viewing.
Yes, we provide assistance with negotiations and closing details to ensure you get the best terms and a smooth transaction. Our team will guide you through the process, handling all aspects of the negotiation and closing stages.
No worries! We know life can get ahead of us sometimes. We just ask if you would let us know as soon as possible. We’ll also do our best to accommodate your new schedule and reschedule the appointment at a convenient time for you.
Local Area Information
Yes, we can provide detailed information about the neighborhoods. Each neighborhood offers its own unique vibe and amenities, catering to different lifestyles and preferences.
Marbella offers a variety of schools, parks, and amenities:
1. Schools: The area has numerous international and bilingual schools, such as Aloha College, the British International School, and the International School of Marbella.
2. Parks: Popular green spaces include the large Parque de la Represa, Jardines de la Finca de la Concepción, and the beachside promenade offering scenic views.
3. Amenities: Marbella boasts a range of amenities including shopping centers (e.g., La Cañada), restaurants, gyms, and health facilities. Additionally, there are excellent public transport links and sports facilities like golf courses and tennis clubs.
Upcoming developments in Marbella include:
1. Convive Marbella 2030 Plan: A €20 million initiative to improve community infrastructure, funded by European funds and the local council.
2. Beach Regeneration: Efforts to restore sand lost due to recent storms and repair damaged coastal facilities.
3. High-Speed Rail: A proposed €2.7 billion project connecting Málaga to Marbella in just 22 minutes.
4. Urban Development: Growth in residential and commercial projects, attracting entrepreneurs and families, particularly in tech.
1. IBI (Property Tax): An annual tax based on the property’s value, typically 0.4% to 1.1%.
2. Plusvalía municipal: A tax on the increase in land value when selling a property.
3. Transfer tax: 8-10% of the purchase price for resale properties.
4. VAT (IVA): 10% for new properties.
Interior design
We specialize in real estate brokerage services, helping you buy, sell, and rent properties that suit your needs. In addition, we offer full-service interior design solutions for homes, offices, restaurants, and more. From conceptualization to final touches, our team will create a space that reflects your vision and style.
Our interior design services cover everything from space planning to furniture selection, color schemes, and decorative accents. Whether you're renovating your home, designing a new restaurant, or updating your office, we tailor our designs to fit your lifestyle, preferences, and budget. We are committed to delivering unique, functional, and aesthetically pleasing spaces that truly represent you.
Yes! We provide services for both residential and commercial properties. Whether you’re looking to design your dream home, furnish your office, or create the perfect ambiance for your restaurant, our team is ready to assist you with custom solutions for any type of space.
We strive to make the design process as smooth and stress-free as possible. We begin by discussing your ideas and needs, then present you with a design plan. While you’re always welcome to be as involved as you’d like, we handle all aspects of the process, from initial concepts to final installation, ensuring that everything meets your expectations.
Absolutely! We understand that budget is an important factor, and we pride ourselves on being flexible and resourceful. Our goal is to provide design solutions that meet both your aesthetic desires and your financial expectations. We will work closely with you to ensure you get the most value out of your investment, no matter the size of your budget.
Concierge services
Yes, we can provide detailed information about the neighborhoods. Each neighborhood offers its own unique vibe and amenities, catering to different lifestyles and preferences.Our concierge services are designed to make your life easier by handling various personal, professional, and lifestyle tasks on your behalf. Whether it’s arranging travel, managing appointments, securing reservations, or coordinating events, we’re here to save you time and provide a seamless, stress-free experience. Whatever you need, we’ll make it happen.
We offer a wide range of services, including but not limited to:
- Travel and transportation arrangements (flights, hotels, car services)
- Personal shopping and gift sourcing
- Event planning and management
- Restaurant and entertainment reservations
- Home services (cleaning, maintenance, etc.)
- Access to exclusive events and experiences
- And much more!
If there’s something specific you need help with, just ask – we can handle almost anything!
Yes, we work with a trusted car rental company that we’ve partnered with for years to ensure our clients receive top-quality service. Whether you need a vehicle for business or leisure, we can arrange a rental that suits your needs and preferences, making your travel experience as smooth and enjoyable as possible.
Requesting our concierge services is simple! You can contact us directly via phone, email, or through our website. Just let us know what you need, and our team will take care of the rest. Whether it’s a one-time request or ongoing assistance, we’re here to help.
Yes! We understand that life doesn’t follow a 9-to-5 schedule, which is why we offer 24/7 concierge services. Whether it’s a last-minute request or an urgent need, we are always available to assist you, no matter the time of day or night.
We pride ourselves on offering personalized solutions, and there is very little we can’t assist with. While we can manage a wide variety of tasks, if a request is outside of our scope, we’ll work with you to find the best solution. No task is too big or small!
The cost of concierge services depends on the nature and scope of your requests. We offer flexible pricing options tailored to your needs, whether it’s a one-time task or ongoing support. Contact us for a consultation, and we’ll provide a clear breakdown of the costs involved.
Transport
Yes! We offer luxury transport services to ensure you arrive in style and comfort. Our professional drivers will pick you up directly from the airport and transport you to our office or your desired destination. Enjoy a smooth, relaxing ride in a premium vehicle as we take care of all the details.
Upon arriving at our office, you’ll be welcomed with a refreshing drink, allowing you to relax and unwind after your journey. Our team will be there to greet you, answer any questions, and guide you through the process of picking up the keys to your rental or newly purchased property.
Yes, you can! If you’re arranging the transport for a friend, family member, or business colleague, simply provide us with the details, and we’ll ensure they receive the same premium service. Just let us know their flight information, and we’ll take care of the rest.
Yes, we recommend booking your luxury transport service in advance to ensure availability and a smooth experience. Once your travel plans are confirmed, simply contact us with your flight details, and we’ll take care of everything, so you can focus on enjoying your trip.
Absolutely! When you arrive at our office, you’ll be treated to a complimentary welcome drink as part of our hospitality service. It’s our way of making you feel at home and ensuring you’re relaxed before proceeding with the next steps of your property journey.
Decoration
We have a selection of beautifully designed sofas, chairs, and other decor pieces on display at our office. You can visit us to explore our curated collection and get a closer look at the quality and style of the furniture we recommend for your space.
While we don’t sell furniture and decor directly through our website, we do showcase a variety of stylish pieces in our office. If you see something you like during your visit, our team can help you order it and coordinate delivery for your space. We also provide personalized recommendations based on your design needs.
Yes! We encourage you to visit our office to view the furniture and decor pieces in person. Seeing the items firsthand allows you to better assess their style, comfort, and quality. Our team is also happy to assist with any questions or help you choose the perfect pieces for your space.
Absolutely! Our interior design experts are here to help you choose the best furniture and decor for your home or office. Whether you need guidance on selecting the perfect sofa or want advice on how to integrate new pieces into your existing design, we’ll work closely with you to create a beautiful and functional space.
Once you find furniture or decor you love in our office, we’ll work with you to place an order. We handle all the details, from coordinating with suppliers to arranging for delivery and installation, so your new pieces arrive and are set up seamlessly in your space.