What does it look like to book a property from a developer in Spain?

Buying a property from a developer requires an initial deposit, which is usually in the range of 3,000 to 6,000 euros. Then, a month after booking, the buyer must make another payment according to a schedule, which is usually between 10 and 30% of the property’s value. Subsequent payments are made according to a set schedule. The final 50% of the property’s value is paid on the day of the notary contract. The staggered payment system is convenient for most buyers, allowing them to budget more affordably.