Buying Property in Coastal Spain
Twelve key stages from first research trip to keys in hand
Chapter 1: Before You Start
1: Research the Region
Understand each area’s character. La Manga Club (golf resort), Torre Pacheco (authentic town), Santa Rosalía (quiet), Los Alcázares (beachfront). We’ll introduce you during a viewing trip.
2: Property Market Analysis
Costa Cálida properties appreciate 3-5% annually. Holiday rentals yield 5-7%; long-term rentals 8-12%. Prices: €250k-€1.2M for villas, €150k-€500k for apartments.
3: Set Your Budget
Account for total cost: Purchase price + transfer tax (6-7%) + legal fees + notary (€2,500-€3,500). Total closing costs: 8-11% above purchase price. Budget separately for annual costs.
Why MyMoveSpain
300+ relocations completed
95% visa approval rate
We coordinate three things others don’t: property purchase, visa application, and settlement, aligned to happen together.
Chapter 2: Finding Your Home
Spanish banks lend at 3.5-4.5% fixed (25-30 years), up to 70% LTV. Approval in 4-6 weeks. No mortgage required if paying cash, but leverage keeps capital flexible.
5: Engage With the Right Agent
We listen to what you want. Our team understands both property and visa requirements, ensuring the property qualifies for your planned relocation.
6: Collaborative Search
Tell us property type, location, budget, rental strategy. We surface properties matching your criteria. You won’t find these on Idealista alone.
7: Viewing & Due Diligence
Visit properties with your agent. When one stands out, arrange: surveyor inspection (€400-€800), legal title review, building permits, tax status. Prevents €20,000+ problems later.
Chapter 3: Closing the Deal
Research comparable sales. Properties typically have 10-15% negotiating room below the asking price. Include conditions: satisfactory survey, mortgage approval, and visa approval.
Sign preliminary agreement with 10% deposit in escrow. Lawyer reviews property title for liens, debts, ownership disputes, community fees. Timeline: 2-4 weeks.
10: Completion & Handover
At the notary, sign the property deed (Escritura) and become the legal owner. Final payment transfers. Takes 1-2 hours. Collect keys once deed registers (4-8 weeks).
11: After-Sales Services
If renting, property management handles bookings, guests, maintenance, and payments. 35% commission (holiday) or €200-€400/month (full). You collect income, we manage everything.
12: Relocation Assistance
We guide: NIE number application, Spanish bank account, residency paperwork, and community integration. Settling in is half the move; we make it the easier half.
Why MyMoveSpain Is The Perfect Choice?
01.
Spain Office
+34 868 66 39 70
+34 711 06 98 97
Murcia-based team
02.
UK Enquiries
+44 7703 015309
UK-based support
03.
Email
info@mymovespain.com
24-hour response
Next Steps
Schedule a free consultation for 15 minutes, no obligation, complete overview of your move.