New Build Property for Sale in La Marina San Fulgencio
Procedures needed to buy a home in Spain if you are a foreigner
Thanks to the recent economic recovery, buyers from other countries such as the United Kingdom, the Netherlands, Belgium or Norway have set their eyes on the real estate market in Spain, especially on the Costa Blanca.
If you are not Spanish and you are thinking of buying housing in Spain, you should know that even though you have already gone through the buying and selling process in your country, the procedures, exact protocols and documentation can change between countries. In this post we summarize some aspects that you should not escape.
Request the NIE.
The NIE is the foreigner's identity number, a code that facilitates the identification of non-nationals in Spain. This is an essential procedure to carry out any economic transaction. You can request it in the General Directorate of the Police, it is also possible to carry out this bureaucratic process outside Spain through the Consulate.
Open an account in a spanish bank.
It is not legally obligatory, although it is highly recommended. The main reason is that it greatly facilitates the payment of taxes and payments associated with the purchase of housing: VAT in new homes or ITP in second hand homes, notary fees, registration etc.
Be informed on the process of buying and financing.
Probably the most difficult thing for a foreign citizen interested in buying a home in Spain is to know precisely all the procedures associated with the purchase and sale, the legal framework, the rights and duties as owner, key aspects on the appraisal of real estate, requirements for the Financing, mortgages, etc.
If everything is added to the natural obstacle of language, any simple procedure can become a long, tedious and difficult.
Therefore, it is advisable to use professional experts in the sale of housing for foreigners, who are able to perform all the required procedures, including during the management of a translation service in the required language. Thus, the client can be carefree, being part of a process transparent, easy and comfortable.
Check out our selection of new build property for sale in La Marina, San Fulgencio.
Are you looking for a house in Spain? Do you know the surroundings of the urbanization La Marina in San Fulgencio? It is one of the most international areas of the Costa Blanca. Take a look to know the types of housing and promotions we have in the area. Do not hesitate to get in touch with us if you are interested.
At Grupo Mahersol we take care of everything so you do not have to worry about anything. From mortgage management to hire water, light and gas; We take care of you through the entire purchase process so that you only have to worry about enjoying your new home.