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Buying Property in Spain for Foreigners
Created: 13.01.2021, 12:36, Updated: 17.02.2025, 14:24
Welcome to My Alicante Home
Buying property in Spain continues to be one of the most attractive investments for foreigners in 2025. With its sunny climate, rich culture, affordable lifestyle, and strong property market, Spain — especially the beautiful Costa Blanca region and Alicante — remains a top choice for people seeking a second home, investment property, or a place to retire.
At My Alicante Home, we specialize in helping international buyers find and purchase property in Spain safely and confidently. Whether you are looking for a beachfront apartment, a cozy villa, or a modern new-build home, we are here to guide you at every step.
Buying property in Spain continues to be one of the most attractive investments for foreigners in 2025. With its sunny climate, rich culture, affordable lifestyle, and strong property market, Spain — especially the beautiful Costa Blanca region and Alicante — remains a top choice for people seeking a second home, investment property, or a place to retire.
At My Alicante Home, we specialize in helping international buyers find and purchase property in Spain safely and confidently. Whether you are looking for a beachfront apartment, a cozy villa, or a modern new-build home, we are here to guide you at every step.
- Why Spain in 2025?
- Stable Real Estate Market: Spain’s property market has shown stable growth and resilience, making it a secure option for investment.
- Attractive Mortgage Options: Spanish banks continue to offer mortgages to non-residents, usually up to 70% of the property value.
- Residency Opportunities: Buying property can help you qualify for the Spanish Golden Visa program, granting residency rights to non-EU citizens.
- High Quality of Life: Spain offers excellent healthcare, education, and a relaxed lifestyle — with Alicante being one of the most popular destinations for foreigners.
- Important Things to Know
- Legal Support: It’s highly recommended to hire an independent lawyer who will protect your interests, review contracts, and handle all legal formalities.
- NIE Number: Before buying, you must obtain an NIE (Número de Identificación de Extranjero), which is your foreigner's tax identification number in Spain.
- Taxes and Costs: In addition to the purchase price, you should budget for taxes, notary fees, registration fees, and legal fees. This usually adds around 10–14% to the property price.
- Bank Accounts: You will need a Spanish bank account to pay for utilities, taxes, and your mortgage if you are financing the purchase.
- Currency Exchange: Using a professional currency exchange service can help you save money when transferring funds from your home country.
- How My Alicante Home Helps You
- Property Search: We select properties that match your needs and budget.
- Legal Guidance: We work with trusted lawyers specializing in helping foreign buyers.
- Paperwork Assistance: We help you with your NIE application, bank account setup, and mortgage options.
- After-Sales Services: We assist you even after the purchase — from connecting utilities to finding renovation teams if needed.
At My Alicante Home, we are committed to making your dream of owning property in Spain easy, safe, and enjoyable.
Start your journey with us today — your new home under the Spanish sun is waiting for you!
Start your journey with us today — your new home under the Spanish sun is waiting for you!
