Why Spain?

Properties on the Costa Blanca and Costa del Sol cost 30-40% less than equivalent homes in Northern Europe, while offering world-ranked healthcare and an established expat community.

The living costs are 30-50% lower than the UK or Scandinavia. A couple can live comfortably on €2,000-€2,500 per month including rent, utilities, dining out regularly, and private healthcare. English is widely spoken in coastal areas, and the expat communities provide immediate social networks.

How It Works

The Spanish buying process is straightforward and well-regulated. Most transactions complete in 8-12 weeks from offer to keys.

Costs & Financing

Budget 10-14% on top of the property price for transaction costs. This includes transfer tax (8-10% on resale properties, 10% VAT on new builds), notary fees, land registry, and solicitor. For a €300,000 property, expect €30,000-€42,000 in additional costs.

Spanish banks offer mortgages to non-residents with 60-70% loan-to-value. You need 30-40% deposit plus costs. Interest rates are typically 3-4% fixed for 10-20 years. The application requires proof of income (3 months payslips), bank statements, and NIE number. Approval takes 3-4 weeks.

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