Properties in Benijofar
Modern village life with new builds close to the coast.
Benijofar is a growing village with new-build properties and good services. The area is popular for its tranquillity and good connections.
Why buy a property in Benijofar?
New builds
Many modern developments.
Location
Close to Quesada and Guardamar.
Services
Good everyday amenities.
Price
Affordable compared to beachfront.
Price range in Benijofar
Benijofar often offers new properties at competitive prices, with proximity to both services and the coast.
Popular areas and current highlights
Close to Ciudad Quesada.
Short drive to Guardamar.
Good road connections.
Quiet environment for year-round living.
Current properties in Benijofar
Common questions about Benijofar
Step-by-step guide: 1. Preparations (1-2 weeks) - Apply for a NIE number (tax number) - Open a Spanish bank account - Hire a Swedish-speaking agent 2. Find a property (2-8 weeks) - Visit properties - Compare prices and areas - Get a survey (recommended) 3. Preliminary contract (1 week) - Sign the preliminary contract (contrato de arras) - Pay deposit (10% of purchase price) 4. Final contract (4-8 weeks) - Notary appointment - Pay remaining amount + costs - Get the keys! Total time: 2-4 months from start to finish.
In addition to the purchase price, the following costs apply: Mandatory costs: - Transfer tax (ITP): 8-10% of purchase price - Notary fees: 600-1,200 EUR - Registration: 400-800 EUR - Legal advice: 1,000-2,000 EUR Total: Budget 10-13% of the purchase price in additional costs. Example: Apartment for 150,000 EUR = 15,000-19,500 EUR in additional costs.
On purchase: - Transfer tax (ITP): 8-10% (existing property) - VAT (IVA): 10% (new build) Annual taxes: - Property tax (IBI): 200-600 EUR/year (depending on assessed value) - Waste tax: 50-150 EUR/year - Income tax (if renting): 19-24% on rental income - Wealth tax (IRNR): 19-24% on estimated rental value (even if not renting) Community fees (apartments): - 300-1,200 EUR/year (depending on facilities) Total per year: 800-2,500 EUR for an average apartment.
Yes, a NIE number is MANDATORY to buy property in Spain. What is a NIE? - Número de Identificación de Extranjero - Spanish tax number for foreigners - Required for all financial transactions How to get a NIE: 1. Book an appointment at the Spanish consulate 2. Fill in 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 more difficult than in your home country. Requirements: - Permanent employment (at least 1 year) - Income of 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 in Northern Europe) Alternatives: - Mortgage with your home bank (often better terms) - Remortgage existing property at home
Total time: 2-4 months Timeline: - Week 1-2: NIE number + bank account - Week 3-8: Find a property - Week 9: Preliminary 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)