Sotogrande Lagoon Residences

A reservation deposit (typically refundable within 14 days) holds your chosen residence exclusively. Within 28 days, a Private Purchase Contract (PPC) is signed and the first stage payment is made. All stage payments are protected by an aval bancario (bank guarantee) issued by the developer's bank.

Off-plan payments are typically staged: a portion at contract signing, further staged payments during construction, and the remainder on handover/completion. See this project's specific payment schedule above. Spanish mortgage financing is available for EU and non-EU residents.

Yes. Many buyers purchase remotely via a Power of Attorney (POA) granted to a Spanish lawyer, who can sign all documentation on your behalf. We provide virtual tour access, video walkthroughs, and can arrange video calls with the project team at any time.

For new builds in Spain, buyers pay IVA (VAT) at 10% of the purchase price, plus AJD (stamp duty) at approximately 1.2% in Andalucía. Allow a further 1–2% for notary, land registry, and legal fees — total acquisition costs are typically 11–13% on top of the purchase price. Our legal team will provide a precise cost schedule at no obligation.

Spanish law (Ley 57/1968) requires stage payments to be protected by an aval bancario (bank guarantee) — funds are held in a protected account and are recoverable if a development does not complete. Developers also typically carry a 10-year structural guarantee (seguro decenal) post-completion. We verify this directly for every project we recommend.

Spain's property-investment Golden Visa route was discontinued in April 2025 and property purchase alone no longer grants residency. Non-EU buyers relocating to Spain typically use the Non-Lucrative Visa or Digital Nomad Visa instead, which have their own income and eligibility requirements unrelated to this purchase. Our legal team can advise on current options for your situation.