Apartments,  houses  and  villas  for  sale  in  Torrevieja,  Costa  Blanca  and  Costa  Cálida

Essentially two vital requirements: a valid passport and the Foreigner Identity Number (NIE). Additionally, opening a Spanish bank account is strongly advised to set up direct debits for utility bills, community fees, and property purchase taxes.

As a general guideline, budget an additional 10% to 14% on top of the agreed purchase price depending on the autonomous community. This covers Property Transfer Tax (10% ITP in the Valencian Community or 8% in Murcia for resale) or VAT (10% on new builds), plus notary fees, Land Registry inscription, and administrative management.

Yes. Spanish banking institutions regularly grant mortgage loans to non-resident buyers, typically covering up to 60% or 70% of the property appraisal or purchase value (whichever is lower), requiring proof of regular income in your home country.

Annual ongoing fixed costs comprise local Property Tax (IBI), municipal waste collection tax (SUMA), homeowners community fees (if situated within an urbanisation), and Non-Resident Income Tax (IRNR - Form 210).

Before releasing any deposit or signing a private purchase contract, we obtain an up-to-date Land Registry Search (Nota Simple), verify that local property tax and community fees are paid up to date, and require a valid Energy Performance Certificate and Certificate of Habitability.