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What conditions must a foreign citizen meet in order to purchase property on the Costa Blanca?
1 Aug

What conditions must a foreign citizen meet in order to purchase property on the Costa Blanca?

Are you a foreigner thinking about buying a property on the Costa Blanca? Here's everything you need to know. The Costa Blanca continues to be one of the most desirable destinations for international buyers. Its sunny climate, cultural offerings, beaches, and excellent transport connections make it the ideal place to invest, retire, or start a new life. But if you're a foreigner, what exactly do you need to legally and smoothly buy a house on the Costa Blanca? We explain everything step by step.

1. Obtaining a NIE (Foreigner Identification Number)

This number is mandatory for carrying out any financial or legal transaction in Spain, including property purchases. It can be obtained in Spain or from your home country through the consulate.

2. Opening an account with a Spanish bank

Although not legally required, it is highly recommended to manage payments related to the purchase: taxes, notary fees, utilities, etc.

3. Signing a reservation or deposit contract

This document secures the property for the buyer until the final signing and outlines conditions such as the agreed price and transaction timeline.

4. Working with a real estate agent or specialised lawyer

It’s essential to have professionals by your side who speak your language and understand Spanish law. They will review all documents, protect your interests, and simplify the process.

5. Signing the public deed before a notary

The buyer and seller formalise the transaction at the notary’s office. This is where the final payment is made and the legal transfer of the property takes place.

6. Registration in the Land Registry

This procedure grants the buyer full legal rights over the property. Registration is essential for the property to be officially in your name.

7. Payment of taxes and associated costs

The buyer must cover certain additional costs: taxes such as ITP or VAT, notary fees, registration fees, and post-sale services.

Buying a property on the Costa Blanca is easier with the help of qualified agents

As you can see, buying a property on the Costa Blanca is a straightforward process even if you don’t live in Spain. The key is to understand the requirements, seek expert advice, and be supported by professionals at every step. At Homes Deluxe, we specialise in international clients. We speak your language, understand your needs, and take care of the entire process: from finding your ideal home to handling legal and post-sale procedures.

Let our experts guide you through buying a property on the Costa Blanca

At Homes Deluxe, we don’t just offer an exclusive catalogue of properties in the most desirable areas of the Costa Blanca, but also a personalised and professional service. Our team is ready to help you buy a property on the Costa Blanca safely, efficiently, and tailored to your lifestyle. If you dream of living by the sea, this is where your new chapter begins. Start your property purchase on the Costa Blanca by contacting us:

  • Phone: +34 649 669 172
  • Email: info@homes-deluxe.com
  • Office: Avenida de las Colinas, Urb. Las Colinas Golf, 03189, Orihuela Costa (Alicante)

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