Luxury Property on Costa del Sol
Est. 2024

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Yes. You'll need an NIE (Foreigner Identification Number), a Spanish bank account and an independent lawyer. As a member of the EU, Spain has no restrictions on foreign property ownership.

Plan on 10–15% extra for tax, notary and legal fees. This includes Transfer Tax (ITP) of 7-10% for resale properties, or VAT (IVA) of 10% plus 1.5% stamp duty for new builds, plus notary fees, land registry fees, and legal costs.

An experienced local agent uncovers red-flags early, has access to off-market properties, and negotiates better terms—usually saving you money and stress. In Spain, the seller typically pays the agent's commission, so buyers benefit from professional representation at no direct cost.

Typically 6–12 weeks from reservation to keys. The timeline includes signing a reservation contract (1-2 weeks), due diligence and mortgage approval if needed (4-6 weeks), and completion at the notary (1-2 weeks).

Yes—sales rose 8% in 2024 and demand spans every budget bracket. The Costa del Sol continues to attract international buyers seeking lifestyle properties and rental income. With 320+ days of sunshine, world-class golf, and excellent infrastructure, it remains one of Europe's most desirable property markets.

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