The five most common reasons deals collapse between offer and notary, and how we protect against each.
Marbella purchases fail more often than you might think. The good news: nearly every failure is avoidable with basic due diligence and an advisor who runs the process properly.
1. Undisclosed debts on the property
Community fee arrears, IBI arrears, embargoes. A proper nota simple search catches these before you commit.
2. Unregistered extensions
Pool houses, guest annexes, extended terraces that never made it into the catastral record. Not always fatal — but always a negotiation.
3. Community disputes
A community mid-litigation with an owner, developer or town hall can be a serious problem. Read the last three years of community minutes.
4. Financing gaps
Overseas buyers who assume a Spanish mortgage will simply appear. Get a mortgage in principle before you offer.
5. Currency movements
Buyers who lock in a euro purchase price against an un-hedged sterling or dollar position. A 5% currency swing between offer and notary changes your whole budget.
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