What does it mean to rent a property in Spain with the option to buy it? - Spain Blog

What does it mean to rent a property in Spain with the option to buy it?

What does it mean to rent a property in Spain with the option to buy it?
What does it mean to rent a property in Spain with the option to buy it?

The rent with option to buy- is the answer to the people who want to buy a property but because of their current situation, they cannot take a mortgage. With this model of the rental agreement, the rent option allows investing the rent money in a possible subsequent purchase of the rented house.
We invite you to see below all the keys and secrets of the rented property with the right to buy it.
Rent with option to buy - How does it work?
The main point is that the tenant rents a home that he intends to buy at a certain time in exchange for a series of advantages
The operation of a rental contract with the right to purchase is very simple. Basically, it is a double contract. On the one hand, we have a part that will refer to the rent and another part to the subsequent purchase and sale of the propertyThese advantages are the total or partial discount of the monthly rent of the final price of the house. In addition, the client pays a bond generally higher than what is usually price for a normal lease, which, if not made the final sale purchase will become the property of the landlord.

Opting for this type of rental contract is not synonymous with paying more in the monthly rent, it is simply a contract format that allows the payment to be converted into amortization of the final purchase.
Legislation of rent with option to purchase:

The legislation on rental contracts with the right to purchase is a bit diffuse. This type of contract is not reflected in the Civil Code. However, in Article 14 of the mortgage regulation and in some articles of the Urban Leasing Law if mentioned.
This type of contract consists of two contracts, one in terms of the lease of the home and the second in terms of the commitment to purchase the home after the period of time established.
Requirements for contracts with purchase option

In a contract with a purchase option, stipulated must appear:
1. Specification of the period of time after which the tenant agrees to make the purchase of the rented property.
2. Determination of the property to be purchased.
3. Specification of the final price of the property.
4. The concession to the tenant to decide unilaterally if he decides to keep the rented house or not.
5. Rental price and what percentage of it is applied as a deposit in the final payment
6. Amount of the initial premium.
7. Now that you know all the keys to rents with a purchase option, what do you expect to find the house of your dreams?
Take a look at our catalogue of properties we are offering and if you have any questions do not hesitate to contact us.
10th Jun 2019

More from Fine & Country

2020 Real Estate Market Previsions
After a 5% rise in 2019, experts predict that by 2020 the properties will continue to become more expensive, but at a s...
16th Jan 2020
Barcelona Market Update
THE PROPERTY PRICES  IN BARCELONA CAPITAL   The property prices in the city of Barcelona experienced a year-on-year decrease of...
19th Nov 2019



Selling your home is one of the most important decisions you make; your home is both a financial and emotional investment. Find out how we can help »



Our consistent efforts to offer innovative marketing combined with a high level of service have been recognised by the industry for an astounding fifth year in a row, winning Best International Real Estate Agency Marketing at the International Residential Property Awards.


Every Fine & Country agent is a highly proficient and professional independent estate agent, operating to strict codes of conduct and dedicated to you. They will assist, advise and inform you through each stage of the property transaction.


With offices in over 300 locations worldwide we combine the widespread exposure of the international marketplace with national marketing campaigns and local expertise and knowledge of carefully selected independent property professionals.


People buy as much into lifestyle of a property and its location as they do the bricks and mortar. We utilize sophisticated, intelligent and creative marketing that provides the type of information buyers would never normally see with other agents.


Access the lucrative London and international investor market from our prestigious Park Lane showrooms at 121 Park Lane, Mayfair. Our showrooms in London are amongst the very best placed in Europe, attracting clients from all over the world.

Our International Network

Connecting offices on over 300 locations worldwide, our referral system combines local knowledge and expertise with an international network to find the right buyer for you wherever they are, at the same time as finding you your ideal next move

Our International Websites

United KingdomFranceHungaryCyprusGermanySpainPortugalMauritiusHong KongThailandNamibiaNigeriaSouth AfricaAustraliaFloridaZimbabwe


We interact with customers on the main social media channels including Facebook, Twitter, YouTube, LinkedIn, Pinterest and Google+, giving each property maximum online exposure.


Media Centre

MEDIA CENTRE Our internal Media Centre is a team of experienced press relations managers and copy writers dedicated to liaising with newspapers, magazines and other media outlets to gain extensive coverage for our properties in national and local media.


Fine & Country Foreign Exchange

We have partnered with IFX, one of the world’s leading foreign exchange specialists to provide private and tailored currency services for all of our clients buying and selling luxury property around the world. Find out how we can help »