Monday, October 25, 2021

Tips for buying a house in Spain

Coming to the Costa Blanca is an unbeatable experience, since it is the most attractive area in Europe to enjoy the splendor of the Mediterranean. If you are looking for houses for sale in Finestrat, La Nucia and Benidorm, you have come to the right place. At My Rentalia Homes we offer you the best recommendations with comprehensive quality advice.

Do you want to buy a house in Finestrat as a foreigner?
When visiting the Costa Blanca for the first time, you are sure to want to come back, which is why buying a house in Finestrat is a great decision. The weather, security, tranquility, excellent health and educational service, among others, allow everyone to enjoy an area that offers an extraordinary quality of life.
First of all, we recommend that you hire the services of a professional real estate agent who will advise you on the different locations, fair prices, check the legality and urban compliance and maintenance of your future home.
It is important to consider that, to buy a house, it is necessary to meet some basic requirements:
- Manage NIE
It is essential to manage the Foreigners Identification Number (NIE) to be able to carry out legal purchase procedures.
- Process a bank account in Spain
As tax payments and other service coverage are derived from this action, it is advisable to open a bank account in Spain. This process is not complex, nor is it mandatory, but it will provide you with greater agility and comfort in each procedure.
- Check the status of the home
Likewise, you must have a notary, so it is advisable to hire the services of an agency and consultancy.
At My Rentalia Homes we offer you quality, efficient and comprehensive care to facilitate all the procedures.
What taxes should you bear when buying a house or an apartment on the Costa Blanca?
When buying a home in Benidorm, Altea, Villajoyosa, La Nucia or any area of ​​the Costa Blanca, you must consider various tax commitments. First and foremost, VAT which, in the case of new construction, represents 10% of the value of the property. If it is second-hand, it will assume the ITP of equal value.
In turn, you should consider the following taxes:
- Documented Legal Acts.
- Real Estate Taxes.
- Personal Income Tax (for residents) or ISLR (for non-residents).
- Wealth Tax (if applicable).
Thanks to the fact that we are one of the best real estate agencies on the Costa Blanca, with us you can find the greatest transparency to manage everything with comfort and efficiency.
Tips for buying a house on the Costa Blanca
The offer of houses, flats or apartments for sale in Benidorm, Finestrat or La Nucia, among other locations, will meet your expectations, but you must protect your investment. Therefore, a fundamental advice is to avoid proceeding with agreements until you verify the condition of the home and all the important aspects.
At My Rentalia Homes we take care of optimally managing appraisals and even requesting the notarial public deed that allows you to verify every detail of the property.
In our work, we not only value the home, but the surrounding areas, services and potential future appreciation. Likewise, communication routes, educational centers, health centers and leisure spaces are part of our priority.
Buying a house on the Costa Blanca easily and safely with My Rentalia Homes
As you can see, our comprehensive advisory and management services will allow you to buy a house on the Costa Blanca, as we think about every detail. The comfort and the success of the purchase are guaranteed with My Rentalia Homes.
Do not hesitate to contact us, we offer you the best homes with the best conditions!