Safe, simple and supported Your Buying Journey in Spain
At Perla Investments, we’ve been helping clients from abroad buy property in Spain since 2000. With decades of combined experience, a multilingual team and deep knowledge of Costa Blanca life, we ensure your purchase process is smooth, secure and fully guided from day one.
Step 1Get in Touch
Your journey starts when you reach out. Contact us by email, phone, or simply visit our office in Villamartín.
We’ll listen to your needs and help you explore the properties that best match your lifestyle and goals.
Address CC. Los Dolses. Local nº 142. 03189 Villamartin - Orihuela Costa. Alicante (Spain)
Monday - Friday: 10.00 - 17.00
Step 2 Reservation & Contract
Once you’ve chosen your property, we help you:
- Sign a purchase agreement between buyer and seller
- Handle all legal documents and translations
- Arrange power of attorney if you can’t be present for the final signing
- Monitor new build progress and send regular updates if your home is under construction
You’ll receive a preliminary deed copy right after signing, and we’ll manage the full registration and legal follow-up for you.
Step 3 Financing Support
Need a mortgage? We work closely with top Spanish banks to help you secure financing with the best terms possible.
Key mortgage details:
- Up to 70% of property value
- Repayment periods up to 30 years (depending on age and property)
- We help you collect and submit required documentation (income reports, payslips, bank statements, etc.)
Step 4 Understanding the Costs
In general, it is good to assume that a 10.5% to 15% extra cost will be added on top of the purchase price of a property, however, that percentage could be a little lower. These costs are to be paid upon the signing of the deeds and the delivery of the property, but we will of course, give you a more detailed breakdown of the cost of buying your home and answer all questions that you might have. Below, you can find an estimation of the cost of buying a property in Spain. Where some costs are a fixed percentage, while others depend on the value of the property, along with borrowing costs, number of pages that need to be notarized etc.:
| Value-Added Tax on the property: 8 - 10% |
Legal cost - Property notary cost:
Depends of n°of pages in a legal document. Is in the range of: 700 € - 900 € |
Registration cost - Property:
Registration of the property: 400 € - 500 € |
Stamp – Duties (AJD): 1,5 % |
| Mortgage cost: 1 % - 2 % |
Notary cost - Mortgage:
Depends of n° of pages in a legal document. Is in the range of: 700 € - 900 € |
Registration cost - Mortgage: 500 € - 600 € |
Legal fees:
Legal services ensuring the buyers interests: 1.500 € |
|
NIE number – identification number for foreigners:
You are required to apply for a NIE number if you plan on buying a property in Spain. We make sure this is a quick and easy process. 150 € |
Water - & Electricity bills:
This amount varies, depending on if you are buying a new property or a resale. 150 € - 400 € |
Step 5 Ongoing Ownership Costs
The annual operating cost of the property can vary, and depends on the size, type and location of the property. Thus, for example, some property belongs to a certain community of owners with the associated costs of common services, such as maintenance of common property, gardens, swimming pools, etc, while others might not belong to any such communities. Property taxes may also be different, between towns and provinces, and are calculated by the square footage of each property. Similar things can be said about water and electricity costs, where the cost depends on the use and the length of stay in the property over the year.
Since the criteria for calculating the operating costs depends on many different factors, here you can see an example of the costs of a €150,000 property on a yearly basis:
- Water, Electricity & Gas €900 – €1,400
- Home Insurance €250 – €400
- Community Fees €400 – €900
- Municipal Taxes (SUMA) €200 – €350
- Non-resident Tax (IRNR) €100 – €300
Why Buy with Perla Invest?
25+ years of real estate expertise in Costa Blanca |
Certified multilingual team: Spanish lawyer, Icelandic & local agents |
Comprehensive legal guidance and translation services |
Comprehensive legal guidance and translation services |
Have questions? Contact us anytime — we’re here to help.
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