Buying a house in Spain: Guide for the foreign buyer

Buying a house in Spain is the dream of many Europeans, especially if you are a lover of the sun, the sea, and golf. But, what should you consider to make it a reality?

Aspects to consider when buying a property in Spain

Buying a property in Spain requires considering several aspects. First, it is important to understand the legal process of purchase. You should also take into account the associated costs, such as taxes and notary fees. In addition, it is crucial to choose the right location. Do you prefer the tranquility of a house in the countryside or the vibrant life of a coastal city?

Here are the main steps to follow in the process of buying a property in Spain:

1. Decide the area where you want to buy your house: by the sea, in a golf resort, in a very touristy town, in a quiet mountain village…
2. Feasibility study: Once you have found the property you want to buy, you may need to apply for a mortgage. Which bank will be most suitable for you? What documents should you prepare for the mortgage study?
3. Apply for the NIE: It is essential to apply for the foreigner identification number (NIE), which will serve to identify you in Spain and carry out any real estate transaction.
4. Open a bank account: It is necessary to open a bank account in Spain, as all taxes and expenses associated with the sale operation must be paid through it.
5. Deposit Contract: To reserve the property, a deposit contract is signed and a reservation deposit of approximately 10% of the property value is delivered.
6. Signing of the Deed of Sale before a notary and payment to the seller of the property.
7. Property Registration and Payment of taxes within the corresponding period.
8. Register or change the name of the services (water, electricity, gas, internet…)

Complete this information by visiting our website and downloading the free guide to buying a house in Spain that we offer at MEDIMAR EIENDOM.

Buying a house in Spain with MEDIMAR EIENDOM: Your best option

If you are thinking of buying a house in Spain, at MEDIMAR EIENDOM we offer a varied portfolio of resale and new build properties on the Costa Blanca, the Costa Cálida and the Costa del Sol. We have options for all tastes and budgets:

• Terraced houses with garden.
• Luxurious independent villas with pool.
• Modern apartments with sea views.
• Bungalows next to the golf.

If you want to choose the house of your dreams and forget about complications, at MEDIMAR EIENDOM we accompany you throughout the sales process, from choosing the area of Spain that best suits your needs to an indefinite after-sales service.

Contact MEDIMAR EIENDOM to buy a house in Spain

To buy a house in Spain, it is essential to have the support of trusted professionals. At MEDIMAR EIENDOM, we have extensive experience helping international clients throughout the buying process.

With us, you will enjoy your new home from the first moment while our expert team of advisors takes care of all the necessary procedures.

Buying a house in Spain is an important decision. But with the right guidance and the support of professionals like us, it can be an exciting and rewarding experience. Are you ready to take the step? Contact us today!

• EMAIL: olga.lovold@medimareiendom.com
• PHONE: +34 610 460 332
• ADDRESS: Calle Narciso Yepes, 12 – El Chaparral – 03184 Torrevieja