Frequently Asked Questions

We solve all your doubts about the real estate market

Home Purchase

  1. Define budget and financing: review savings, payment capacity and mortgage conditions (it is usual to have at least 20-30% of the price between down payment and expenses).
  2. Search for the property: through portals and directly with vohome.es, filtering by area, budget and features.
  3. Submit offer and sign earnest money contract: a deposit is delivered (normally 5-10% of the price) and deadlines and conditions of the sale are set.
  4. Verify documentation: property certificate, encumbrances, community payment status, property tax, utilities, etc.
  5. Sign deed before notary: payment of the remaining price, key delivery and formalization of the sale.
  6. Post-sale: registration in the Property Registry and change of utility ownership and community.
It is recommended to have approximately 25-30% of the property price:
  • ~20% for the down payment.
  • ~10% for taxes and expenses (Property Transfer Tax or VAT+Stamp Duty, notary, registry, management, appraisal, etc.).
  • Property Transfer Tax if it is a used property.
  • VAT + Stamp Duty if it is a new property.
  • Notary and Registry.
  • Management and appraisal if there is a mortgage.
  • Home insurance, almost always required by the bank.


The total usually represents between 10% and 12% additional over the purchase price.
  • The buyer: taxes (Property Transfer Tax or VAT+Stamp Duty), notary, registry, appraisal and management linked to the mortgage.
  • The seller: municipal capital gains tax and mortgage cancellation costs.


The parties may agree on a different distribution if they reflect it in writing.
It is a private agreement where:
  • The buyer delivers a deposit (5-10%).
  • Price, deadlines and conditions are set.


If the buyer breaches, they lose the deposit; if the seller breaches, they return double.

Home Sale

  • Updated deed or property certificate.
  • ID/NIE of the owners.
  • Energy efficiency certificate.
  • Property tax receipt.
  • Community of owners certificate.
  • Debt certificates if there is a mortgage.
  • Licenses and relevant renovation documentation.
  • Municipal capital gains tax.
  • Capital gains in Personal Income Tax/Non-Resident Income Tax.


There may be exemptions or reductions depending on the case (reinvestment in habitual residence, age, etc.).
Yes. The usual methods are:
  • Cancellation with the sale amount.
  • Subrogation of the buyer (if the bank authorizes it).
Yes, taking into account:
  • Possible tenant's right of first refusal and retraction.
  • Obligation to respect the current contract.
  • Coordination of visits with the tenant.

Home Rental

According to the Urban Leasing Law:
  • Up to 5 years if the landlord is a natural person.
  • Up to 7 years if it is a legal entity.


Shorter initial periods and subsequent extensions may be agreed.
  • The mandatory deposit is 1 month's rent.
  • Additional guarantees may be requested within legal limits.
  • The return is made after checking damages and pending payments.
In habitual residence rentals, when the owner hires the agency, the fees must be assumed by the owner.

In non-habitual rentals (seasonal, students or different use from housing), conditions may be negotiated freely.
  • Owner: repairs necessary for habitability.
  • Tenant: minor repairs due to use and caused damages.
  1. Friendly contact.
  2. Written demand.
  3. Eviction for non-payment through lawyer and attorney.


Illegal actions such as changing locks or cutting utilities should never be carried out.

Foreign Investors and Buyers

Yes. They only need:
  • NIE.
  • Prove lawful origin of funds.
It is necessary to have NIE, but it is not mandatory to be a resident.

In addition, it is usually required:
  • Opening a Spanish bank account.
  • Documentation on origin of funds.


VO Private manages these procedures comprehensively.
  • Non-Resident Income Tax (imputed income if not rented, or rental income).
  • Annual property tax.
  • Taxes when selling (capital gains and profit with withholding).
It depends on area, demand, purchase price and expenses.
In many areas, the gross annual profitability is attractive if property management and selection are adequate.

Separations, Divorces and Co-ownership Termination

Usual options:
  • Sale and price distribution.
  • Use attribution to one of the members (especially if there are children).
  • Co-ownership termination (one buys the other's share).
  • Review of mortgage, charges and ownership.
It is the operation by which one co-owner acquires the other's share.
Very common in:
  • Separations and divorces.
  • Inheritances.
  • Agreements between co-owners.


It has tax advantages compared to a conventional sale.
  1. Review ownership and charges.
  2. Determine if sale or co-ownership termination is convenient.
  3. Request a professional appraisal.
  4. Put the final price distribution in writing.

Appraisals and Market

It depends on:
  • Market evolution in the area.
  • Property condition and features.
  • Current demand in the neighborhood.
  • Type, surface area and equipment.


vohome.es carries out updated appraisals to know the real market price.