Buy property in Spain
Costa Blanca & Costa del Sol

In addition to the purchase price, the following costs apply: Mandatory costs: - Transfer tax (ITP): 8-10% of the purchase price - Notary fees: 600-1,200 EUR - Registration: 400-800 EUR - Legal advice: 1,000-2,000 EUR Total: Expect 10-13% of the purchase price in additional costs. Example: Apartment for 150,000 EUR = 15,000-19,500 EUR in additional costs.

For houses/villas the same costs apply as for apartments, but often higher amounts: - Transfer tax: 8-10% (existing property) or 10% VAT (new build) - Notary: 1,000-2,000 EUR (higher for more expensive properties) - Registration: 600-1,200 EUR - Legal advice: 1,500-3,000 EUR - Survey: 300-600 EUR (strongly recommended) Total: 10-15% of the purchase price.

Yes, Torrevieja and Costa Blanca are excellent investments thanks to: Advantages: - Strong rental market: Tourists + winter residents give 8-12 months rental/year - Price increase: Historically 3-5% per year - Low running costs: Fees from 300-800 EUR/year - High demand: Many Swedish buyers = easy to resell - Climate: 300 sunny days/year = attractive year-round Rental yield: 4-7% per year (depending on location and occupancy)

At purchase: - Transfer tax (ITP): 8-10% (existing property) - VAT (IVA): 10% (new build) Annual taxes: - Property tax (IBI): 200-600 EUR/year - Waste tax: 50-150 EUR/year - Income tax (if renting): 19-24% on rental income - Wealth tax (IRNR): 19-24% on estimated rental value Community fees (apartments): 300-1,200 EUR/year Total per year: 800-2,500 EUR for an average apartment.

Annual costs for a villa/house: Taxes: - Property tax: 400-1,200 EUR/year - Waste tax: 100-200 EUR/year - Wealth tax: 500-1,500 EUR/year Maintenance: - Pool: 500-1,000 EUR/year - Garden: 300-800 EUR/year - Insurance: 300-600 EUR/year - Electricity & water: 800-1,500 EUR/year Total: 3,000-6,000 EUR/year for a villa with pool.

Best areas for Swedish buyers: Costa Blanca (most popular): - Torrevieja – Largest Swedish community, cheaper - Orihuela Costa – Beachfront, golf courses - Guardamar – Quieter, family-friendly - Alicante – City, close to airport Costa del Sol: - Marbella – Exclusive, more expensive - Fuengirola – Swedish community - Estepona – Charming, growing Choose based on: Budget, lifestyle, distance to airport and Swedish community.

Townhouse: - Attached to other houses (2-10 units) - Cheaper (100,000-200,000 EUR) - Often shared pool - Smaller plot (50-150 sqm) - Lower maintenance costs Villa (Detached House): - Detached house - More expensive (200,000-500,000+ EUR) - Private pool (common) - Larger plot (200-1000+ sqm) - Higher maintenance costs

Beachfront means different things depending on the source: Our categories: - First line: 0-100m (directly by the beach) - Second line: 100-300m (5 min walk) - Beachfront: 300-1000m (10-15 min walk) Tip: Always ask for the exact distance in metres – not just 'beachfront'!

Yes, a NIE number is MANDATORY to buy property in Spain. What is NIE? - Número de Identificación de Extranjero - Spanish tax number for foreigners How to get a NIE? 1. Book an appointment at the Spanish consulate 2. Complete the application (EX-15) 3. Pay the fee (~10 EUR) 4. Wait 2-4 weeks Or: Apply directly in Spain (faster, 1-2 days)

Yes, but it is harder than in Sweden. Requirements: - Permanent employment (at least 1 year) - Income at least 25,000 EUR/year - Down payment 30-40% (banks lend max 60-70%) - NIE number - Spanish bank account Interest rates: 3-5% (higher than Sweden) Alternatives: - Loan from Swedish bank (often better terms) - Remortgage existing Swedish property

Total time: 2-4 months Timeline: - Week 1-2: NIE number + bank account - Week 3-8: Find a property - Week 9: Pre-contract + deposit - Week 10-16: Legal review - Week 16: Final contract at notary Fastest: 6 weeks (if everything goes smoothly) Slowest: 6 months (if complications arise)