From reservation terms to handover
Once a buyer is ready to proceed, the reservation terms and any contrato de arras should state the property, price, payment, deadlines and consequences of withdrawal. The buyer's checks need enough time to cover title, charges, planning questions and community documents. Legal wording belongs with the independent lawyer instructed for the transaction.
Before the notary appointment, the parties confirm the documents, payment route and possession date. The handover record can list keys, meter readings and items included in the sale. Send the address, property type, floor areas and current use to request the first confidential review for your Maspalomas property.
There is no fixed duration for the process from first valuation to notary signing. The period between the arras contract and completion is agreed by the parties, not set by law; it depends on the documentation available, the buyer's financing and the time their lawyer needs to complete checks. Some deadlines are legally fixed — including the period within which a non-resident buyer must remit the statutory withholding to the Spanish tax authority after signing. Your legal adviser or tax consultant can identify the specific deadlines that apply to your transaction.