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Documentation and requirements for purchasing a property in Spain

Documentation and requirements for purchasing a property in Spain
14 Oct 2024

Buying a property in Spain requires being well prepared and knowing all the necessary documents and requirements. At COSTA INVEST we have compiled the following list with the main documents and steps to follow during the purchase process that will allow you to carry out a safe and hassle-free transaction.

To buy a house in Spain as a foreigner, you will need to gather several specific documents. Here is a list of the most important ones:

  • Foreigner Identification Number (NIE): This is essential for any financial procedure in Spain, including buying a property.
  • Bank account in Spain : This will facilitate the management of payments related to the purchase.
  • Simple note from the Property Registry : To know the legal status of the house.
  • Earnest money contract : A preliminary agreement between buyer and seller that secures the transaction. In this act, a deposit (usually 10% of the value of the property) is given as a down payment for the purchase.
  • Energy efficiency certificate : It is mandatory for all houses for sale.
  • Habitability Certificate : Certificate that proves that the house meets the minimum habitability requirements.
  • Latest IBI receipt : To prove that the Property Tax is up to date.
  • Certificate of being up to date with payments to the Community of Owners
  • Public deed of sale : Official document signed before a notary and registered in the Property Registry.
  • Taxes and fees: These include the Property Transfer Tax or VAT, depending on whether the property is second-hand or new.
  • Registration in the Property Registry : Ensures that the property is in your name.
  • If you need a mortgage loan, the bank will ask you for additional documentation.

If you want to buy a property in Spain, at COSTA INVEST we offer you a varied portfolio of homes

If you want to buy a property in Spain to enjoy your holidays or move to after retirement, in the Spanish east you will find a range of possibilities that will allow you to enjoy its excellent climate, its famous beaches, its healthy gastronomy, its high-quality services, its idyllic natural landscapes, its internationally renowned golf courses, its world-renowned nightlife venues, its cultural heritage, etc.

At COSTA INVEST we offer you a variety of properties for sale on the Costa Blanca, the Costa Cálida, the Costa de Almería, the Costa del Sol, the Balearic Islands, Valencia…

We have both new-build and resale properties, adapted to all tastes and budgets. From modern apartments to luxury villas, bungalows, townhouses, country houses, penthouses, chalets... we are sure to have the perfect property for you.

COSTA INVEST: The best way to buy a property in Spain with full guarantee

Buying a property in Spain is a process that we at COSTA INVEST make simple and safe. We specialize in offering exceptional service and personalized attention to our clients. Our long experience in the real estate sector and our dedication allow us to guide you every step of the way.

For more information on how to buy a property in Spain easily and without complications, do not hesitate to contact us:

  • Fill out the contact form on our website.
  • Write an email to info@costainvest.com
  • Call +34 966 760 422
  • Visit us in person at our agency located at Salvador Dalí Street, 20 – Bajo 1 – Vía Park 1 Shopping Center – Playa Flamenca – 03189 (next to La Zenia Boulevard Shopping Center) Orihuela Costa (Alicante).

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