Step-by-Step Guide to Buying Property in Spain

Buying property in Spain is an exciting adventure that offers sun-soaked beaches, charming villages, and a wonderful lifestyle. However, the process can be quite different from buying property in other countries, so it’s important to understand each step clearly before you commit.

At Sunlife Villas, we’re here to guide you through every stage of your Spanish property purchase. Here’s a detailed step-by-step guide to help you navigate the process smoothly and confidently.

 

1. Define Your Property Goals and Budget

Before you start your search, it’s crucial to clarify what kind of property you want. Are you looking for a holiday home, a permanent residence, or an investment property? Consider the size, type (villa, apartment, townhouse), location, and your budget including additional costs like taxes and fees.

 

2. Research Locations

Spain offers a diverse range of areas, each with its unique charm. Popular areas on the Costa Blanca like Jávea, Calpe, Dénia, and Moraira are well-known for beautiful beaches and good infrastructure. Costa Calida offers a more tranquil lifestyle. Visiting these areas in person can help you get a feel for the community and amenities.

 

3. Find a Trusted Real Estate Agent

Working with a knowledgeable and reputable local agent like Sunlife Villas can make a huge difference. We can provide access to the best listings, guide you on market values, and offer insights about neighborhoods and legalities.

 

4. View Properties and Shortlist Your Favorites

Plan a visit to Spain to view properties or ask your agent for virtual tours if you can’t travel immediately. Take notes and photos to help you compare properties later.

 

5. Make an Offer

Once you’ve found your ideal property, your agent will help you submit an offer to the seller. Negotiations may follow until both parties agree on the price and conditions.

 

6. Conduct Legal and Financial Checks

Hire a local lawyer (abogado) to carry out essential checks:

• Confirm the property has a clear title and no debts or charges.
• Verify planning and building permissions, especially for plots or new developments.
• Ensure the property is not subject to any legal disputes.

You’ll also need a NIE number (Foreigner Identification Number) to proceed with the purchase.

 

7. Sign the Reservation Contract and Pay Deposit

Once checks are satisfactory, you’ll sign a reservation contract and pay a small deposit (usually around 3,000 to 6,000 euros) to take the property off the market.

 

8. Sign the Purchase Contract (Contrato de Compraventa)

This contract legally binds both parties and includes the agreed price, payment schedule, and completion date. At this stage, you usually pay a 10% deposit.

 

9. Complete the Sale (Escritura de Compraventa)

The final deed of sale is signed before a Notary Public, and the remaining balance is paid. The property title is then registered in your name at the Land Registry.

 

10. Pay Taxes and Fees

Buying property in Spain involves several taxes and fees, including:

• Transfer Tax (around 7–10% depending on the region) or VAT if it’s a new build
• Notary fees
• Land Registry fees
• Lawyer’s fees
• Mortgage arrangement fees if applicable

 

11. Settle Utilities and Community Fees

Once the property is yours, you’ll need to set up or transfer utilities (water, electricity, internet) and, if applicable, pay community fees for communal areas.

 

Why Choose Sunlife Villas?

At Sunlife Villas, we simplify this process for you, offering expert advice and tailored property selections to match your needs and budget. We understand the Spanish property market inside out and are committed to making your buying journey as smooth as possible.

 

If you’re ready to start your Spanish property search or have questions about buying in Spain, get in touch with us today!