Barceló Real Estate
More than 20 years in Real Estate

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Real Estate in Alicante Costa Blanca

How to Buy a House in Spain if you are abroad

The price of housing in Spain continues to decline, and the purchase of houses by foreign citizens in the Costa Blanca increases every year. A Barceló Real Estate, our real estate on the Costa Blanca many customers come each year with the idea of buying a house here.

If you too are thinking of buying a new villa on the Costa Blanca or used, we recommend that you seek a real estate Alicante expert in the real estate market in the area. But besides that, we aclararte the steps that need to spend to acquire a property in Spain if you are not resident. Attentive:

  • You must have a NIE (Foreigner Identification Number). It is unique, indivisible and necessary for any financial transaction in Spain.
  • It gives the immigration office or at any police station on request, which can be done from the country of origin. There is also ex officio to open any administrative procedure. A good realtor should help with all these procedures as part of their services.
  • It is recommended but not mandatory to have a bank account in Spain to pay the taxes and expenses associated with the purchase of a home (VAT if ITP for new and resale homes).
  • You must pay the IRNR (Income Tax Non-Resident) is a direct tax on income obtained in Spanish territory by non-residents in Spain. From 183 days a year in our country, because it is considered a resident.
  • After this, we would only find a funding source for our home. Most real estate on the Costa Blanca will help with this work so you do not have to worry about anything.
  • We recommend choosing to work with an agency like Barceló Real Estate, with extensive experience working for new residents, tourists and, ultimately, foreign citizens who wanted to buy or rent a cheap house in the Costa Blanca. Contact us and you'll soon be enjoying your new home overlooking the Mediterranean.

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