With more than 36 years experience in the property business both in th UK and Spain we are totally aware of how big a step buying a homes, especially somewhere like Spain.
Our experienced multi-lingual staff based in our Ciudad Quesada, La marquesa and El Raso offices on the Costa Blanca will be able to help you with every aspect of your Spanish property purchase.
From your first contact with us we will endeavour to identify your requirements and provide you with relevant options that fall within your budget and will help you find the best value for your money that is currently available when buying a Spanish property. We specialise in both Resale and Brand new homes, to suit all budgets, both on the coast of the Costa Blanca and further in land.
Our consultants will be happy to answer any queries you may have and will provide you with all the background information and services to ensure that your buying experience is a happy one and that you make the most of buying your Spanish property.
Whether you are in Spain or abroad your dedicated consultant will work with you to find the right property. We have access to in excess of 1,000 resale properties in addition to new developments, your consultant's expertise will help narrow the field of search down to the relevant options and your ideal home.
We do not arrange inspection trips. Our Clients tend to be independently minded individuals who prefer to travel independently. During the house hunting process we will provide total support and will always be available for help and advice.
The Spanish property buying process is very simple. Once we have found you a home which you would like to buy you will normally place a reservation deposit, which effectively takes the property off the market and fixes the price.
The next stage is the completion of the private contract of Spanish property purchase.
Transfer TaxImpuesto sobre Transmisiones Patrimoniales – ITP) | Notary ExpensesNotary expenses are always paid by the buyer and are calculated in relation to the purchase price declared in the deeds of sale. To be on the safe side you should calculate Notary fees as being 1% of the purchase price declared in the deeds of sale. |
Property Registry Inscription
| In Summary,allow for up to Approx 13% of the purchase price in taxes and other costs based on a purchase of 100.000€ and over |
A special reference should be made to the local capital gains tax – known as Plusvalía. This is a local / municipal tax that only applies to the increase in value of the land upon which urban properties are built, and that is levied at the time of transfer of such properties. It is calculated on the basis of the valor catastral (an administrative value that is usually lower than the market value, sometimes considerably so) of the property. The amount to be paid will depend on how long the seller has owned the property: the longer the period of time during which the seller has owned the property, the higher the amount of tax. This tax is to be paid by the seller.
Spanish property sold by a non-resident owner will be charged capital gains tax at between 19% - 24%, with a 3% withholding provision which is retained at notary appointment, this is then deducted from the 19% - 24%.
Finally you will complete the purchase of your Spanish property. This is the day you will receive the keys and can start enjoying your new home. Even after purchase, whether you need pool or garden maintenance, small or large building work, we are here to help. If you are actively looking for property and would like to be regularly updated with information about the best property available why not register on our mailing list and be the first to see, what could be your next home or investment.
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Avda. de las Naciones, 18 A
Urb. Ciudad Quesada
03170 Rojales
(+34) 966 718 006 | (+34) 609 739 311
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Centro Comercial Euro-Terra
Plaza de la Figuera 1- Local 7
03140 Guardamar del Segura
Calle Quesada Ballester, 105
Urb. Ciudad Quesada
03170 Rojales
01169
3315
