The Costa Blanca Buyer's Companion

From There to Here

Buying a home in Spain isn't harder than buying one back home — it's simply different. Here is exactly how the two compare, side by side, with nothing left in the small print.

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You already know how to buy a house. You've done it before. The worry isn't the buying — it's the unfamiliarity. New words, a different order of events, a notary instead of an exchange. Once you can see the Spanish process laid next to the British one, the mystery falls away.

The Short Version

At a Glance

The whole comparison on one page. We'll unpack each row in the sections that follow.

United KingdomSpain (Costa Blanca)
Who handles the legals A conveyancing solicitor acting for you An independent lawyer (abogado) acting for you, plus a state notary who certifies the deed
The point of no return Exchange of contracts — you're legally bound to complete, but typically don't pay until completion day Signing the deposit (arras) contract — you pay ~10% here, weeks before completion, and your commitment is sealed
Completion happens Remotely, between solicitors, by bank transfer In person at the notary's office, with both sides present, often by banker's draft
First admin hurdle None unusual An NIE number and a euro-denominated account before you can complete — either a Spanish bank account or an online multi-currency account
Purchase tax (resale) Stamp Duty (SDLT), 0–12% on a sliding scale Transfer tax (ITP) — 9% in the Valencian Community from 1 June 2026 (was 10%)
Purchase tax (new build) Stamp Duty, same scale 10% VAT (IVA) + 1.5% stamp duty (AJD)
Typical extra costs Roughly 1.5–4% on top Roughly 11–14% on top — budget on the all-in figure, never the asking price
Debts attach to… The previous owner The property itself — which is why due diligence matters so much
Typical timeline Notoriously slow — 12–16 weeks is common, and longer if there's a chain 6–10 weeks once your NIE and finances are ready
The Journey

Step by Step, Side by Side

Read the two columns together. You'll notice the rhythm is similar — it's the order and the names that differ.

United KingdomThe familiar path
1
Offer acceptedAgreed verbally through the estate agent. Nothing is binding yet.
2
Instruct a solicitorYour conveyancer begins searches and enquiries.
3
Mortgage & surveyLender valuation and your own survey if you choose one.
4
Searches & enquiries3–6 weeks of legal checks with the local authority and Land Registry.
5
Exchange of contractsThe binding moment — both sides are now legally committed to complete. You usually don't part with money yet; the full price is paid at completion.
6
CompletionThe full balance is transferred between solicitors. Keys released by the agent. This is when you pay.
7
AfterSolicitor pays Stamp Duty (within 14 days) and registers you at the Land Registry.
Spain · Costa BlancaThe new path
1
Get your NIE & a euro accountYour foreign ID number and a euro-denominated account — either a Spanish bank account or an online multi-currency account. Needed before you complete, so start early.
2
Appoint an independent lawyerWorking with foreign buyers, in your language. They run all the checks the notary won't.
3
Reservation contractA small holding deposit (often €3,000–€6,000) takes the property off the market.
4
Due diligenceLawyer checks the nota simple, debts, licences and boundaries. The crucial stage.
5
Deposit (arras) contractYou pay roughly 10%. This is your real point of commitment — pull out and you lose it.
6
Sign at the notaryThe escritura is signed in person, balance paid, keys handed over. You own it now.
7
AfterTaxes paid, deed registered at the Land Registry, IBI and utilities put in your name.
Decoded

The Words That Trip People Up

Six Spanish terms you'll hear again and again — and what each one means in plain English.

NIE

nee-eh

Your Número de Identidad de Extranjero — a foreigner's tax ID. You can't buy, pay tax or set up utilities without it. You'll also need a euro-denominated account to complete — your choice of a Spanish bank account or an online multi-currency account.

No direct UK equivalent

Nota Simple

noh-tah seem-pleh

An official extract from the Land Registry showing who owns the property and whether any debts or charges are attached to it. Costs around €10–€20. Your lawyer will pull this early.

Like a Land Registry title check

Escritura

es-cree-too-rah

The public title deed of sale, signed in front of the notary. The moment this is signed, ownership passes to you and the keys are yours.

Like completion + the transfer deed

Arras

ah-rahs

The deposit contract, usually around 10%. It commits both sides: if you walk away you lose the deposit; if the seller pulls out they typically owe you double. This is the real point of no return.

Like exchange of contracts

Notario

no-tah-ree-oh

A state-appointed official who certifies the sale is legal and the deed genuine. Important: the notary is neutral — they do not protect your interests. That's your lawyer's job.

Part-registrar, part-witness

IBI

ee-bee

Impuesto sobre Bienes Inmuebles — the annual local property tax, paid to the town hall. Modest on most Costa Blanca homes. You'll register for it after completion.

Like Council Tax
No Surprises

What It Really Costs

The listing price is never the final figure. Here's a worked example on a typical €200,000 Costa Blanca resale, at the new 2026 rate.

Resale apartment · Valencian Community
€200,000
Transfer tax (ITP) — 9%€18,000
Notary fees≈ €800
Land Registry fees≈ €700
Lawyer (≈1% + VAT)≈ €2,420
Stamp duty (AJD) does not apply to standard resale purchases
All-in≈ €221,920

Illustrative figures for guidance only. New builds are taxed differently (10% IVA + 1.5% AJD). Your lawyer will give you an exact breakdown for your specific purchase.

Worth Knowing

The Differences That Catch People Out

Four things that work differently in Spain — none of them frightening once you understand them.

§

Two roles, not one

In the UK your solicitor does everything. In Spain the work splits: a neutral notary certifies the deed, while your own lawyer protects your interests and runs the checks. You want both — and you choose your lawyer freely.

Debts follow the property

A Spanish home can carry unpaid debts — community fees, IBI, even a mortgage. They pass to the new owner unless cleared. This is precisely why thorough due diligence on the nota simple is non-negotiable.

Commitment comes earlier

Brits expect to be free until exchange. In Spain the arras deposit contract — signed weeks before the notary — is the true point of no return. Get your lawyer's eyes on it before you sign anything.

You'll be there in person

Completion isn't a remote transfer between offices. Everyone gathers at the notary's office to sign. Can't travel? A power of attorney lets your lawyer sign on your behalf — very common for overseas buyers.

We've done this hundreds of times

From your first viewing to the keys in your hand, we'll walk every step with you — and connect you with trusted independent lawyers who speak your language. No jargon, no pressure, just honest guidance from a family team who live here too.

Sunshine Homes · Ciudad Quesada, Costa Blanca South
WhatsApp +34 711 020 343 · hello@sunshine-homes.es · www.sunshine-homes.es