Mortgaging Solutions on the Costa Blanca

Once you have found a property you wish to buy, we will guide you through the whole purchasing process, from helping you with the opening of a Spanish bank account, employing a reliable English speaking Spanish lawyer, to helping with all the arrangements that have to be made for when your sale completes.

The following is a general guide to buying in Spain and if you have any questions at all please feel free to contact us at any time.

If you choose to buy a new property, there are many advantageous payment schemes being offered by the developers, with low deposits and favourable stage payments during the construction process.

Once you have found the property you have been looking for it is necessary to sign a contract with your offer price and put down a deposit. This gives you the assurance that the property will not be sold to another buyer. This also guarantees that once agreement has been reached on price, should any party pull out of the sale, they will forfeit their deposit.

Having found the house you want to buy you will enter into a sales agreement with the seller and pay a deposit, usually around 3000€. You must be sure that you want to go ahead with the purchase before paying the deposit, as legally the owner is not obliged to return it if you should back out of the sale for any reason.

Financing Your Purchase is a big step and there you have several options. We can offer you upto 100%, Interest Only, upto 40 years to pay, Re-Mortgages and we can guarantee the best interest rates in Spain. We also highly recommend, when transferring your funds to Spain, to use a reputable currency exchange company such as

When the price has been agreed, the sale is put in motion and the conveyancing begins through a reputable English speaking lawyer / solicitor that we can provide. Once conveyancing is complete a date is set at a Notary Office where all papers are signed by both parties. Following the signing, the Notary sends the relevant papers to the Land Registry to change the deeds into your name.

Normally you should allow around 10% of the land / property purchase price to cover all fees (excluding IVA) connected with your purchase. Also remember that there may also be additional lawyers and estate agent fees to pay.