Drumelia @marbella - The Blog -

Villa in Zagaleta, Marbella

Now you are a proud owner of a property in Marbella. You already know what expenses you will be facing. Another expense is the cost of insurance. If there is a mortgage involved, it is mandatory, and you will be obliged by many banks to insure not only the acquired property, but also your life (Seguro de vida).

Mortgages in Marbella, Spain

Many Spanish mortgages have no restrictions on purchase price or nationality, though ‘EL Pais’ informs that “Spanish banks prefer the United States and EU members. However, it is still possible for many banks to work with people from other countries, and some banks have begun specializing in operations with people from the north and east of Europe, and China.”

Outstanding mansion at foothills, Sierra Blanca, Golden Mile

You are ready to pay for a property you’ve chosen in Marbella. Sending large sums of money can be daunting. Drumelia Real Estate hopes that a few tips can help you safely transfer your money abroad and save significant sums, headaches and last-minute rushes which can sour the joy of buying your Dream House in beautiful Spain.

Modern villa with pool and golf course view in Marbella

Knowing the factors to be aware of, buyers can take the next step to become happy owners of the properties in Marbella. There are several stages to approach it in a structured and organised way whilst understanding the purchase process. Conventionally, let’s call them: house hunting, getting ready for buying, financial matters, transaction, ownership costs.

International schools in Marbella_ Spain

Getting education in Spain is becoming increasingly popular. The main reasons for this are the purchase of real estate and relocating to Marbella, opportunity to get good-quality European education, reasonable cost of university or private education, etc.

Spectacular villa in Marbella, Spain

You’re planning to buy your Dream House in Marbella… Under the Freedom of Movement Act, Swiss and EEA nationals (European Economic Area: European Union, Iceland, Liechtenstein, Norway) don’t need any permit to visit, live, work or study in Spain. Almost everyone else does. Drumelia Real Estate is dealing with both types of clients and always happy to help. Let’s start with general information.

Beverly Hills vs Zagaleta

“When Americans want to wish their friends success and prosperity, they say: “Have a Beverly Hills Lifestyle”, sends word “The Los Angeles Times”. Speaking of Europe, it can be said “Have a unique lifestyle of the Cote d’Azur or Marbella”. When it comes to Marbella, it’s definitely Zagaleta, the award-winning enclave offering unprecedented, exclusive life within the best Country & Golf Club in Europe. What these most prestigious places have in common?

Sensacional nueva villa ultramoderna en La Zagaleta, Benahavis

Outdoor spaces often hold different values to different people. Much of this can be determined by where your house or potential new home is located. Thankfully, for those already living or wanting to buy a property in Marbella, the weather on the Costa del Sol is reliable, meaning residence can enjoy an average of 320 days of sunshine each year. This glowing statistic means that outdoor spaces along the Mediterranean coastline are often more readily utilised for longer periods of the year than in other locations.

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Artur Loginov
Artur Loginov Sales Director +34 622 596 121