Are you considering buying a property in Spain?
Maybe you have been dreaming of a holiday home in the sun, or even of a more permanent move.
Whatever the reason for your property search, here at Benigest we are more than just a real estate agent. We are also your Spanish property and legal advisors, taking care of everything from start to finish.
Our team of property and legal advisors have over 50 years of in-depth knowledge of the local areas of the Costa Blanca South, making us valuable in helping you find your dream home, in the right location, with our professional legal representation.
Here are some tips from the team at Benigest when buying a property in Spain…
Make the most of our expert advice
We offer valuable information on both the local and surrounding areas, plus the Spanish property market in general.
Benigest is a well-established real estate agent operating on the Costa Blanca South for many years, so we know the market inside out.
If you don’t speak fluent Spanish don’t worry, our dedicated team will explain everything to you so you can make sure nothing gets mis-interpreted or lost in translation.
When buying a property in Spain there is a whole host of paperwork, certificates and checks you will need to complete during the buying process. Our team can arrange your NIEs, help you to open a Spanish bank account, arrange utility transfers, book the notary appointment, and much more. We do it all for you, saving you time and continuing to make the process stress free and easy.
At Benigest we want to help you save money which is why we recommend using Currencies Direct who have been established for over 25 years. As a currency exchange company, they will save you bank charges on transfers and ensure you receive the best exchange rate.
We also collaborate with more than 300 estate agents, meaning we have access to thousands of properties across the Costa Blanca. If you see a property you like with another agent, all you need to do is contact us first and we can take care of all the viewings, giving you just one point of contact from start to finish. Another way that Benigest make it so much easier and stress-free to find your dream home in Spain!
Obtaining your NIE (foreign identification number)
If you’re not a Spanish citizen you will need an NIE number in order to buy a property in Spain, whether you will be living here on a permanent basis or just visiting your new home for holidays.
Our team at Benigest can organise this for you as part of our property buying service.
Location is key
Everyone will have different requirements when it comes to location, but the beauty of this part of the Costa Blanca is that there’s something to suit everyone.
Once one of our agents at Benigest know your requirements, they will find your perfect required location and introduce you to some fantastic properties.
Understand the fees and taxes
When you buy a property in Spain from Benigest we make sure you understand everything there is to know, including buying costs and taxes that you might not be aware of.
Here in the Valencian Community the following fees and taxes apply:
Property transfer tax:
- 10% (ITP) Valencia Government Tax – for existing properties
- 10% (VAT/IVA) plus 1.5% Stamp Duty (AJD) – for new build properties
- Notary costs, title deed tax, and land registration fee – Average 1.500€
- Legal fees – 1.500€ plus VAT/IVA
Benigest’s Up to 100% Mortgages
If you require a mortgage for your Spanish property, Benigest should be your first point of contact. When you buy a property in Spain from Benigest, we work with all major banks to find the best rate, and will guide you through the complete mortgage process from mortgage application right through to completion with a dedicated advisor.
60% – 100% mortgage options available. Terms & Conditions Apply based on income, savings, collateral and residency status.
If you would like any friendly and professional advice or have any questions about buying a property in Spain, feel free to get in touch with us here at Benigest.
