The conditions for buying property in Spain are pretty simple. No special permits or complicated documents are needed to buy a home in Spain for a foreigner. If you have the necessary budget to buy a property and pay taxes and the costs associated with the transaction, then, as a foreigner, you will have to do the following steps to process the purchase of a property in Costa Blanca. 
Do not worry. We will accompany you at all stages in a comprehensive service when buying a home in our real estate agency:
- Choose a property you like.
- Choose a property according to your budget from our database
- On-site inspection of the object (can be the first point if you have specifically come to Spain to choose a property)
- If you can not come to the property viewing, we can arrange a video tour
- Signing a preliminary contract to reserve the property and making a deposit. Usually, it is between 1.5% and 10% of the property value. In the case of an inexpensive apartment, it may be an amount of 3,000 euros.
- Legal, due diligence of the property
- Verification of all documents to ensure that they are suitable for sale
- Preparation of documents for the Permiso Militar for properties in certain cities. Such cities are considered necessary in the Spanish Ministry of Defense, so purchasing real estate requires special permits.
- Preparation and collection of the necessary documents to complete the transaction:
- Comprehensive legal support before and during the contract signing to purchase real estate.
- Real estate purchase agreement conclusion:
- Signing the contract at the notary
- Payment of taxes and duties
- Obtaining the contract and, after some time, the Certificate of Title.
- Re-registration of contracts with utility companies to the new owner.
- Keeping keys.
- Registration and filing of non-resident's declaration.
The Stages of Buying a Property in Spain
The first and most important thing to do before you plan to buy a property in Costa Blanca is to determine the budget for the purchase. Depending on the budget, it is easier to determine the requirements for future housing. You can choose the property in our real estate directory in Costa Blanca.
If this task seems tedious for you, write us the location requirements, the object, the budget, and the purpose for which you plan to purchase a house in Spain. This can be a permanent move to a new residence, purchase for investment in perspective housing on the coast, purchase for rental income, or purchase as your residence on vacation in Spain. We will find suitable properties and offer them for your consideration. Our experts are always in touch, and please send us a message by chat or via messenger.
You can buy a villa, townhouse or bungalow, apartment, small studio, commercial property, or land plots in Spain. You can look for a house by the sea or in the suburbs. Costa Blanca also offers excellent property options in mountainous areas with breathtaking views.
Usually, there is never a problem with collecting the necessary documents and obtaining a foreigner identification number. If you want to buy an apartment for cryptocurrency, talk to us about your options for such a transaction. If you have difficulties transferring money from your country to your current account opened in Spain, alert us; we can help solve this problem. You will always transfer money from the bank in your country to your existing account opened under a power of attorney for us in Spain. If you want to open a current account in Spain, there is no problem. All you need is your passport and a property reservation agreement.
Step #1
After opening a bank account, we will help you install the bank application on your computer and/or cell phone, in which you can monitor and control the money. In the future, from this account will be deducted all payments for utilities or others you want to enter into contracts, such as Internet service providers or Alarm Guards.
Step #2
During the due diligence of the property, we check that the stated parameters of the property match those in the documents and that there are any debts. Unpaid debts are automatically transferred to the new owner if the previous one did not pay them.
Step #3
If the seller and the buyer signed a preliminary contract and the buyer later canceled the purchase, the seller retains the deposit. If, for any reason, the seller walks away from the deal, he reimburses the buyer for twice the amount of the deposit paid.
Step #4
We also assist in obtaining real estate mortgages and purchasing real estate from banks.
The Cost of the Transaction of Buying Real Estate in Spain
In addition to the amount to be paid for the home, you must pay taxes and costs associated with the sale transaction. Immediately after the transaction, you must pay the notary's fees. The amount depends on the property's value and can be up to 2,000 euros.
Within one month after the transaction, you must pay the value-added tax and stamp duty on new built properties. The amount is calculated from 10% VAT and 0.5% to 1.5% stamp duty.
If you buy a home on the secondary market, you must pay a transfer tax of 6% to 10% of the property value.
The cost of Lenovaz real estate agency services for the preparation of all documents and support for the purchase of real estate starts at 1000 euros.
Real Estate Buying Service in Costa Blanca