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Your Guide to Real Estate
Buying Guide
Costa del SolPurchasing a property in Spain is an exciting journey. From finding the perfect location to navigating legal requirements and taxes, our comprehensive guide ensures your purchase is secure and stress-free.
- Legal Process Explained
- Tax & Cost Breakdown
- NIE & Bank Accounts
Selling Guide
Maximize ValueSelling your property requires a strategic approach. Learn how we value your home, our exclusive marketing strategies, and the essential documentation needed to close a successful sale in Elviria.
- Accurate Valuations
- Marketing Strategy
- Required Documents
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Frequently Asked Questions
Yes, it is highly recommended to hire an independent lawyer who specializes in Spanish property law. They will check the property's legal status, ensure there are no debts attached to it, and guide you through the signing of the title deed.
Typically, you should allow for 10% to 13% of the purchase price for additional costs. This includes Property Transfer Tax (ITP) for resale properties (usually 7% in Andalusia, though variable), notary fees, land registry fees, and legal fees.
The process usually takes between 4 to 12 weeks from the reservation deposit to signing the title deeds at the Notary. This depends on whether you require a mortgage and the current status of the property's legal paperwork.
Yes, practically speaking, you will need a Spanish bank account. It is essential for setting up direct debits for utility bills (electricity, water, internet), community fees, and paying local taxes (IBI).
The NIE (Número de Identificación de Extranjero) is a unique tax identification number assigned to foreigners in Spain. You cannot buy a property, pay taxes, buy a car, or even open a utility contract without one.








