Buying Property on the Costa Del Sol
Luxury Real Estate on the Costa Del Sol
The Home Buying Process In Spain
Buying a property in Spain is a little bit different than buying a property at home. But that’s why we are here for. We will arrange all matters throughout the purchase process of your new “Mediterranean” home.
Real Estate Advisor Match
First we’ll match you with one of our 39 Expert Real Estate Advisors who speak your native language.
Location & Specification Match
He or she will explore neighborhoods and share some secrets about living on the Costa del Sol.
Perfectly Matched Property Viewings
Our agent will personally show you properties which match your criteria and show you what the local area has to offer
Procedures With Our In-House Lawyer
This remove all of the stress, worry & strain of the whole process saving you time money & confusion.
We’ll Get The Legal Out Of The Way
Legal Procedures
- Signing the reservation contract.
Your property is taken off the market, to make sure no one else can buy your dream home. - The lawyer will conduct “due-diligence”.
To make sure there are no construction violations, cancel any eventual charges the property may have and ensuring everything is legally correct. - NIE and opening bank account.
When you choose our in-house lawyer, all these legal matters are included in the service. To make things easy a power of attorney is granted. - Signing of the deed at the notary.
When the previous steps are completed successfully, our lawyer will make an appointment with the notary to sign the deed. - Transfer tax and register property at the land register.
Also this will be taken care of by our in-house lawyer.
Purchase Costs
New developments:
- 1O% IVA (VAT)
- Notary fee between 600€ to 1.500€ depending on the amount of the purchase and documents attached to the deed.
- Cost for the land register between 500€ and 1.000€
- 1% lawyer fee to perform the “due diligence”
- 1,2% “stamp duty” (taxes to register all documents only for new developments)
Resales properties:
- 7% ITP (property transfer tax) (new law as per 1/1/2022)
- Notary fee between 600€ – 1.500€ depending on the amount of the purchase and documents attached to the deed.
- 1% lawyer fee to perform the “due diligence”
- 500-1000 € registration in the land register
If you choose a mortgage loan for the purchase of your property with a Spanish Bank, you will be charged 0.5% to 1.5% fee.
Property evaluation costs around 400€.
If required, we are also happy to find a suitable mortgage for you.
You Own a New Home On The Costa Del Sol
Congratulations! You now own your home at the Costa del Sol!
If you wish, we offer all kind of related services.
Painting, Decorating & Design
Furniture & Interior Design
Pool Maintenance & Cleaning
Rental Services
Complete Property Services
Your Concierge To The Property Market On The Costa Del Sol
