Buying property in Spain.

Choose the region and type of property

Costa Blanca is an ideal place to invest

Costa Blanca is famous for its unique nature, clean beaches and well-developed infrastructure. This region is ideal for both lodging, and for rental investments real estate.

By choosing real estate in the Costa Blanca, investors receive a high level of comfort, developed infrastructure and an increasing value of properties.

Apartments and villas in Spain

• flats — a convenient option for those who are looking for compact and affordable housing.
• Villas — an excellent solution for those who appreciate privacy and comfort.
• Townhouses is a popular choice for families who prefer spacious houses with a yard.

Regardless of the type of housing chosen, real estate in Spain will always remain a popular and liquid investment.

Commercial property

• Offices and retail spaces — highly profitable business properties.
• Hotels and apartments — investment projects with a high level of profitability.
• Plots of land — the opportunity to build a unique facility for an individual project.

Investing in commercial real estate can become a stable source of income with the right approach and market analysis.

Legal aspects and taxes

Getting a NIE and opening a bank account in Spain

One of the first necessary steps when considering a purchase is to obtain Foreigner Identification Number (NIE). If you are a Spanish citizen and already have a DNI/NIF, you can skip this step. But if you are not yet a citizen, this is probably one of the most important requirements when buying a property in Spain.

This document is required for any financial transaction in the country, including the purchase of real estate. Without a NIE, you won't be able to officially complete your purchase.

It is also recommended to open a bank account with a Spanish bank. This will not only make it easier to manage payments, but also allow you to avoid possible additional fees and more effectively manage all financial aspects associated with buying your luxury property in Spain.

The process getting a NIE You can do it both in Spain and at the Spanish consulate in your country, and having a local bank account makes the purchase process much easier.

Purchase taxes

• Purchase Tax — varies from 6% to 10% depending on the region.
• VAT (IVA) for new buildings — a fixed tax of 10%.
• Notary and registration fees — account for about 1-2%.

Proper tax planning will help avoid unexpected costs and ensure the transparency of the deal.

Real estate due diligence

Before making a deal, it is important to conduct verification of documentsto ensure that the property is legally clean. This includes:

• Analysis of title documents.
• Debt check.
• Registration of the transaction through a notary.

Verification of documents is a mandatory step that allows you to protect yourself from possible risks when buying real estate.

Property for rent in Spain

Long and short term rentals

• Long term rent — a stable source of passive income.
• Short-term rent — ideal for the tourism business, but requires active management.

The choice of a rental strategy depends on the owner's goals — passive income in the long run or high profit from seasonal rentals.

Conclusion

Buying property in Spain is an opportunity not only to find comfortable housing in a picturesque region, but also to create a reliable source of income. Regardless of your goals — buying apartments, villas, commercial properties or land — it is important to carefully choose a region and facility, take into account tax liabilities and cost growth prospects. Costa Blanca offers a wide range of properties, and professional expert support will help make your buying process as profitable and safe as possible.