
Once you’ve found a property you want to buy, the next step is to reserve it. This removes the property from the market and sets the wheels in motion for your purchase.
Before a reservation can be completed, we’ll need the following details to present to the seller:
Once your offer is accepted, we’ll prepare the reservation agreement. A sample is available on request. This document confirms:
We’ll require the following from all buyers:
We use SignEasy, a secure, user-friendly digital signature platform. You can sign on your phone, tablet or computer — it’s simple, even if you’re not tech-savvy.
The reservation deposit is typically non-refundable, but it is held in our client account as stakeholders. The seller must be able to deliver clear legal title. If any legal issue arises during due diligence that prevents you from proceeding, your deposit will be refunded.
The agreement becomes effective once both parties have signed and we receive the deposit (or valid proof of transfer). We allow 24 hours to transfer funds — or until noon Monday if signed over a weekend.
We do not retain any part of the deposit ourselves. If the sale doesn’t proceed, the funds are released as agreed between buyer and seller. The process is transparent, and we’re happy to walk you through every detail.
You should never feel pressured — signing the agreement and transferring the deposit is always your decision.
Download a sample reservation document
If you have questions or need assistance, call us on (+34) 952 90 52 00 or email info@michael-moon.com. We’re here to make your journey smooth, safe, and stress-free.
Normally, it is non-refundable. However, if a legal issue is uncovered during due diligence and you decide not to proceed, the deposit will be returned in full.
Yes. We use a secure digital system that allows you to sign documents from your phone or computer anywhere in the world.
We usually allow 24 hours from signing, or until noon Monday if the agreement is signed over a weekend.
It is held in our client account as stakeholders. We do not retain it ourselves, and it is only released by mutual agreement.
We move forward to the private purchase contract stage — typically signed within two weeks with a 10% deposit. Your lawyer will conduct legal checks in the meantime.