What are the average property prices for sale in Estepona?

The average property prices for sale in Estepona can vary depending on the type and location of the property. The average price for apartments in Estepona ranged from £150,000 to £500,000, while villas and townhouses typically ranged from £300,000 to over £2.5 million. Please note that prices may have changed since then, so it's advisable to check with local estate agents for the most up-to-date information.

What is the process of buying a property in Estepona?

The process of buying a property in Estepona typically involves the following steps:

1. Find a property: Start by researching properties that meet your criteria, and work with a local real estate agent to help you find the right one.
2. Make an offer: Once you've found a property, you'll need to make an offer to the seller. Negotiations may follow.
3. Hire a lawyer: It's essential to hire a Spanish lawyer who specializes in property transactions to ensure all legal aspects are in order.
4. Sign a reservation contract: After reaching an agreement with the seller, you'll typically sign a reservation contract and pay a deposit.
5. Due diligence: Your lawyer will conduct due diligence, including verifying property documents and conducting surveys.
6. Sign the purchase contract: If everything checks out, you'll sign the purchase contract and pay the agreed-upon deposit.
7. Completion: On the completion date, the remaining balance is paid, and the property is transferred into your name.
8. Taxes and fees: Be prepared for additional costs like property transfer tax, notary fees, and registration fees.