Step-by-Step Guide to Buying Property on the Costa del Sol
The property buying process in Spain follows a well-structured system designed to protect both buyers and sellers.
1. Property Search and Selection
The first step is identifying the right property on the Costa del Sol based on your goals, budget and preferred location.
2. Reservation Agreement
Once you choose a property, a reservation agreement is signed and a deposit is paid, typically between €6,000 and €10,000.
3. Legal Checks and Due Diligence
A lawyer will verify ownership, debts and licences to ensure the property is legally compliant before you buy property in Spain.
4. Private Purchase Contract
After legal checks, a private purchase contract is signed and a payment of around 10% is made.
5. Completion at the Notary
The final step takes place at the notary in Spain, where ownership is officially transferred to the buyer.
Costs of Buying Property in Spain
The total cost of buying property in Spain typically ranges between 10% and 13% of the purchase price.
- Transfer tax (resale) or VAT (new properties)
- Stamp duty (AJD)
- Legal fees
- Notary and land registry fees
Buying New Developments vs Resale Properties
New developments on the Costa del Sol
- Modern design and energy efficiency
- Flexible payment plans
- 10% VAT instead of transfer tax
Resale properties in Spain
- Often lower purchase prices
- Established locations
- Faster completion
Can Foreigners Buy Property in Spain?
Yes, foreigners can buy property in Spain without restrictions.
- NIE number (foreigner ID)
- Spanish bank account
- Independent lawyer
Mortgage Options for International Buyers
Non-residents can apply for a mortgage in Spain, typically financing up to 60–70%.
- Competitive rates
- Fixed or variable options
- Based on income and profile
Why Work with Costa Prime Realty
- Full support throughout the property buying process
- Access to all Costa del Sol properties
- Trusted legal and mortgage partners
- Personalised advice
Start Your Property Search
If you are planning to buy property on the Costa del Sol, we can guide you through every step.
Contact us today for personalised recommendations and expert support.
FAQs About Buying Property in Spain
Is buying property in Spain safe?
Yes, it is a well-regulated process when using a lawyer.
How long does it take to buy property in Spain?
Usually 4–8 weeks for resale properties.
Can I buy property in Spain remotely?
Yes, using a power of attorney.
What deposit is required?
Typically around 10%.
