Buying a House in Spain - Our Best Tips

Buying a house in Spain is a dream for many, whether it's a villa by the coast, a house in the mountains, or a finca in the countryside. With its warm climate, beautiful nature, and rich culture, Spain offers a variety of homes that suit both investors and those looking for a new home. Here is a complete guide for anyone considering buying a house in Spain.

Why buy a house in Spain?

Spain is one of Europe's most sought-after places for property purchases, thanks to its mild climate, beautiful beaches, and relaxed lifestyle. A house in Spain allows you to enjoy sun and warmth year-round. Costa del Sol, with its popular cities like Marbella, Malaga, and Fuengirola, is especially loved by expats for its sunny weather and large expat community. Whether you're looking for a permanent residence, a holiday home, or an investment, there are plenty of opportunities to find something that suits your needs and budget.

How does buying a house in Spain work?

Buying a house in Spain differs from buying in other countries, so it is important to be prepared. Here are the key steps:

Find the right realtor: A reliable realtor is crucial to a smooth house purchase. In Spain, there are realtors who represent both buyers and sellers, so choose a realtor who can guide you through the entire process and who speaks your language. Homenetspain offers full service, from finding the right house to completing the purchase and assisting with any subsequent needs like rentals or renovations.

Find the right house: Once you know what you're looking for, it's time to start searching. Homenetspain has a wide range of houses across Costa del Sol, both new builds and second-hand properties. Describe your wishes and what is important to you, and we will help you find the right area and house.

Financing and budget: It is important to have a clear picture of your budget before you start looking. Spanish banks offer loans to foreigners, but it might be wise to also investigate financing options through local banks.

Legal advice: Hire a local lawyer who specializes in property purchases in Spain. The lawyer will assist you with due diligence, ensure that all necessary permits and documents are in order, and help you obtain a NIE number, which is necessary for purchasing property in Spain.

Contract and Deposit: When you have found the right house and the financing is ready, a reservation contract is signed, and a deposit of usually €6,000 is paid. After the lawyer's examination of the house, the purchase contract is signed, and 10% of the purchase price is paid. The final payment takes place at the notary's office, where the purchase is formally completed.

Costs to consider: In addition to the purchase price, there are costs such as taxes (usually 7-10% of the purchase price), notary fees, registration fees, and lawyer costs. It is important to include these in your budget. Contact us for exact details.

Why choose Homenetspain?

Homenetspain offers a professional and personalized service for anyone looking to buy a house in Spain. With many years of experience and a large network on the Costa del Sol, we help you find the right property and guide you through the entire buying process. Our multilingual agents, who speak English, ensure that you can feel secure and confident throughout the transaction.

Contact us for assistance

Are you ready to realize the dream of owning a house in Spain? Contact us at Homenetspain for a non-binding meeting, and let us help you find your dream home on the Costa del Sol. We look forward to helping you take the first step towards a sunnier life!

Outside of opening hours, please leave a message, and we will get back to you as soon as we can.