Guide to Buying Property in Costa Blanca: 6 Steps You Should Follow

Costa Blanca is a highly popular place for British property hunters and locals. People love it for its superb weather, proximity to Alicante airport, magnificent beaches, and affordable housing options.

Buying a new home is a big decision. You might have seen villas for sale in the Costa Blanca and want to get hold of one, but don’t know where to start. The important step is to take help from real estate agents at Evolution Century 21 to get genuine advice and accompany you at every step possible.

Let’s know more about Costa Blanca and how you can buy villas or houses for sale in a comprehensive manner.

North and South of Costa Blanca
Northern towns like Javéa and Denia are perfect for long, pleasurable weekends, and appeal to more permanent residents and retirees. It is mountainous with pine forests leading down to captivating bays and beaches around old fishing villages. While you may think of this as a prime holiday-home territory, there are also busy Spanish towns with a diverse culture and traditional ways of living.

South of Alicante in Costa Blanca is slightly hotter and more affordable. The beaches are as scenic as you’d ever imagine. The place also has golf courses, marinas, waterparks, and family entertainment.

Whether you want to invest in a Costa Blanca property as an investment, permanent home, or retirement, then this coast is ideal for you. You can find a plethora of houses and villas for sale in Costa Blanca that suit your lifestyle, needs, and budget.

Steps to Follow When Buying Property in Costa Blanca

1. Preparation
Before you start your search, make sure to do your homework. Issue the NIE number, define your vision, and sit together with the real estate agent to build a solid plan. Evaluate the costs involved, the current market situation, and other financial needs.

2. Property Background Check
You are probably on a tour with your local real estate agent and found an ideal home. What’s next? Now it is important to do a basic background check before putting in your offer. Ask your agent if they have ‘a nota simple’ of the property, which will show the owner, possible debts, and property information.

3. Negotiations
If everything is in line with what the seller says, be confident to start the negotiation. An agent will help you get the best price for the property as he is well-versed with prices in the area and conditions at the moment.

4. Pre-Agreement
Once you come to an agreed sale price, sign a reservation contract. When you pay an initial price, the house is off the market. You and the seller will sign a pre-agreement that commits the buyer and seller into finalising the sale.

5. Closing the Deal
The closing step includes financial and legal aspects. A real estate agent will guide you through all the paperwork, bank needs, and last routine checks to make your property-buying journey straightforward. Once everything is done, you will receive the final agreement for your mortgage and sign the final sale contract.

6. Fees and Taxes
The last step you need to take care of is fees and taxes that need to be paid linked to the property purchase. These charges may vary depending on the property you have bought.

For second-hand properties, expenses will include:

ITP or property transfer tax – 10%
Notary fees
Property registry
Administration fees

For new build property, you will pay:

10% Value Added Tax
A.J.D. (stamp duty)
Property registry
Notary fees
Administration fees

Buy Houses and Villas for Sale on Costa Blanca
Are you searching for a house, villa, or townhouse in the Costa Blanca or any other region in Spain? You have come to the right place.

Century 21 offers an extensive portfolio of exclusive houses and villas for sale in Costa Blanca, Spain. We have a property listing of beautiful houses for sale in Alicante, Calpe, Benissa, Altea, Javea, Moraira, and other locations.

Century 21 Real Estate Advisors will connect you with thousands of client owners, buyers, and investors around the world. You will be able to search for properties in real-time, close to your current location, and finding an ideal home becomes easier than ever.

Noticia subida por C21 Evolution en 27 mar. 2023

Asesor Inmobiliario