Buying in Villamartín: bungalows, apartments and golf living

Buying in Villamartín attracts both golfers looking to live next to the course and buyers who simply value established plaza life, with everything within walking distance. Bennecke has been handling purchases in this area since 1988, and this guide explains the full process for anyone buying from outside Spain.

What type of buyer fits Villamartín

The diversity of property types and prices in Villamartín attracts very different buyer profiles, something less common in more uniformly developed areas.

• Golfers seeking a home next to the course to play daily without depending on a car.
• Buyers who prioritise plaza life, with restaurants and shops right on the street.
• Investors seeking bungalows or apartments to renovate and appreciate in value.
• Families who value the stability of an already established international community.

Steps in the buying process

The legal process is the same as elsewhere in Spain, though it's worth keeping the order of steps in mind, especially when buying older properties.

1. Obtain the NIE, essential for any purchase.
2. Open a Spanish bank account to manage payments and direct debits.
3. Request an up-to-date nota simple to verify the property is free of charges.
4. Sign the contrato de arras with a deposit, usually 10% of the price.
5. Hire an independent gestor or lawyer to review all documentation.
6. Sign the public deed before a notary and settle taxes.

Costs associated with buying

Since most stock is resale property, the bulk of the cost is ITP, with some exceptions in new-build areas.

What to check before buying in Villamartín

Given the mix of construction from different decades, there are aspects worth verifying with particular care before committing.

• Year of construction and last full renovation, especially for bungalows from the earliest phases.
• Condition of electrical and plumbing installations in older properties.
• Community fees and the state of the reserve fund, more relevant in older developments.
• Up-to-date energy certificate, mandatory for sale.

Financing for non-residents

Spanish banks typically finance between 60% and 70% of the appraised value for non-resident buyers. When applying for a mortgage, it's worth bearing in mind that older properties may produce somewhat more conservative appraisals than new-build, affecting the final financeable amount.

Next step

If you're considering buying in Villamartín, Bennecke accompanies you from the first viewing through to completion, with over 5,000 transactions managed since 1988. Write to us at info@bennecke.com or call +34 965 714 362.