The procedure for buying property in Spain implies the mandatory presence of the following documents:

• energy efficiency certificate;
• notarial deed;
• contract of sale;
• information from the state real estate cadastre;
• real estate tax (IBI);
• value added tax;
• simple note (official extract from the Property Register of Spain), confirming the ownership of real estate;
• lease contract.

Buying property on the Costa Blanca is first of all safe. Here it is guaranteed that the construction company will fulfill all obligations and the building will be completed. All financial transactions are carried out through the Bank, which acts as a guarantor. The price of the property usually includes all the decoration and furniture.

When buying a home in Spain by foreigners, there are no restrictions for EU citizens or those living outside of it.

The only requirement for the procedure for purchasing property in Spain that must be met is to request a NIE (Foreigner Identification Number). Features when buying property in Spain by foreigners come down to the presence of a NIE, which will serve to confirm the identity of the buyer when concluding a contract of sale and paying the relevant taxes.

With this document, you can perform such simple and basic procedures as opening a bank account, buying a house, a car or any product. It is possible to apply for an EX-15 NIE at the local police station or at the Spanish embassy of any country.

To understand what details to focus on when choosing a home, you need a clear understanding of why you need it. There are several main reasons for buying property in Spain

• Relax on the Mediterranean
• Move to Spain for permanent residence
• Live while studying
• Successfully invest money and earn on rent

Understanding the reasons will help in choosing the location and planning of housing, city infrastructure and other factors.