FAQ – Buying Property On The Costa Blanca
Buying property in Costa Blanca as a foreign buyer always raises a lot of questions about taxes, legal checks, residence permits and the buying process in Spain. On this page we’ve collected clear, practical answers to the most common questions buyers ask us before purchasing a home in Costa Blanca.
Use this FAQ to understand how the Spanish property market works, what costs to expect and how a licensed real estate agency in Costa Blanca like Real Estate Guru can guide you safely through each step – from choosing the right area to signing at the notary.
Real Estate Guru is licensed real estate agency with over 12 years experience. We focus exclusively on the Costa Blanca region and working with buyers worldwide. We select apartments, houses and flats in Spain based on your goals: holidays, permanent residence or investment. We check the legal cleanliness of each property, negotiate with the seller, organise online and in-person viewings, and support you at every stage of the transaction and after the purchase: setting up utilities, property management, help with tenants, etc.
We work with all main types of property on the Costa Blanca:
apartments and flats by the sea;
townhouses and bungalows in gated communities;
villas with a pool and sea views;
off-plan property from developers;
commercial property (offices and business premises);
investment property with ready rental yield.
Based on your budget and requirements, we select options in the most popular Costa Blanca towns: Alicante, Torrevieja, El Campello, Benidorm, Altea, Calpe, Moraira, Javea, Denia, Valencia, etc.
The process of buying property in Spain for foreign buyers looks like this:
Selecting properties that match your criteria and budget.
Online viewings or a personal visit and viewings on the Costa Blanca.
Reserving the chosen property and signing a reservation contract.
Opening an account in a Spanish bank and obtaining an NIE (foreigner identification number).
Preparing and checking the purchase contract with a lawyer.
Signing at the notary and paying for the property.
Registering ownership in the Land Registry and handing over the keys.
Real Estate Guru supports you at every step, including legal checks and communication with the bank and notary.
When buying an apartment or house on the Costa Blanca, it’s important to consider additional costs besides the purchase price:
property transfer tax or VAT (depending on the type of property);
notary fees;
Land Registry fees;
lawyer’s fees (recommended for a safe transaction);
bank fees and mortgage-related charges;
annual property tax and community/utility fees (IBI, community fees, etc.).
On average, additional costs are about 11–15% of the property price.
Yes. NIE (Número de Identidad de Extranjero) is required for almost every financial and legal action in Spain, including:
Buying property
Paying taxes
Signing utilities contracts
Opening a Spanish bank account
We guide you on how to obtain your NIE (in Spain or via Spanish Consulate) and can connect you with local professionals who handle the application.
To buy property in Spain on the Costa Blanca, you do not need a residence permit. Foreigners are free to buy apartments and houses.
Yes, we help clients arrange a mortgage in a Spanish bank to buy property on the Costa Blanca. Our partner banks consider applications from non-residents of Spain. Typical conditions include:
a down payment from 50% of the property price;
a mortgage term of up to 20–25 years;
proof of income and source of funds;
an independent property valuation.
We will advise you on which documents are required and help you prepare for mortgage approval.
Yes, it is possible to buy property on the Costa Blanca remotely. We organise:
detailed video tours and online viewings of properties;
document checks and contract preparation by a lawyer;
a power of attorney with a notary in your country so we can represent you in Spain;
remote contract signing and payment via a bank;
key handover and a photo/video report after completion.
Many of our clients have successfully bought property in Spain online and only came in person to move into their finished apartment or house.
Buying property on the Costa Blanca from a developer can be profitable and safe if it is properly checked. We:
work only with vetted developers with a history of completed projects;
check building licences and land ownership documents;
analyse payment terms and refund guarantees;
make sure the contract complies with Spanish law;
keep you informed about construction stages and delivery dates.
This approach reduces risks and allows you to buy a new-build property in Spain at a better price than comparable resale homes.
Yes, Real Estate Guru offers after-sales service and property management on the Costa Blanca:
assistance with setting up utility contracts (electricity, water, internet);
arranging furniture and renovation if needed;
preparing the property for rental;
finding reliable tenants and signing contracts;
monitoring payments, reporting and solving day-to-day issues on site.
This way you can receive rental income from property in Spain remotely, without being involved in everyday operations.
For buyers, the services of Real Estate Guru as a real estate agency on the Costa Blanca are usually paid by the seller. You do not pay extra commission for property search and transaction support.
If a particular deal includes additional services (individual legal due diligence, full property management, investment analysis), their cost is agreed in advance and fixed in a contract.
This approach makes buying property in Spain through an agency transparent and clear in terms of budget.
When you sell your property on the Costa Blanca with Real Estate Guru, our services are usually charged as a standard agency commission, calculated as a percentage of the final sale price. The exact commission is agreed with you in advance, put in writing in our listing agreement and stays fixed without any hidden fees.
Our commission already includes:
professional valuation and pricing strategy for the Costa Blanca market;
high-quality photos, listing preparation and promotion on major property portals;
marketing to our database of international buyers;
organising viewings and handling all negotiations with potential buyers;
coordinating the reservation, deposit, notary appointment and paperwork together with your lawyer.
You only pay our fee after a successful sale at the notary, so our goal is to achieve the best possible price and conditions for your property.