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Buying a House on the Costa Blanca

25 Oct 2024
Buying a House on the Costa Blanca

Discover the Charm of Costa Blanca with Vivee: Your Trusted Partner for Property Investment in Spain

Costa Blanca stands as one of Spain's most sought-after destinations for those seeking a second home or a solid investment. With over 300 days of sunshine, a peaceful Mediterranean lifestyle, and high-quality services, this region is ideal for European families wanting to enjoy coastal living. At Vivee, we simplify the buying process, offering assistance in English, German, Polish, Spanish, Swedish, Arabic, Chinese, and Russian. We also help you find a legal advisor in your language for a smooth and controlled experience.

If you're considering investing in Costa Blanca, here's what you need to know:

1. Why Choose Costa Blanca?

Costa Blanca boasts a perfect climate, beautiful beaches, and modern infrastructure, including hospitals, international schools, and quality services. Popular areas for property purchases include:

  • Alicante: With an international airport and charming historic center, Alicante is perfect for those seeking a lively city with a picturesque port and urban beaches.
  • Torrevieja: Known for its salt lakes and vibrant European expat community, Torrevieja is ideal for families.
  • Orihuela Costa: Offering sandy coves, golf courses, and serene residential areas, Orihuela Costa balances nature and comfort.
  • Benidorm & Finestrat: These lively areas offer entertainment for all ages and stunning coastal views.
  • Jávea & Moraira: Located in northern Costa Blanca, these exclusive areas offer a tranquil and private ambiance surrounded by nature.

2. The Buying Process in Spain with Vivee

With Vivee by your side, buying property in Spain is straightforward. Here are the basic steps:

  • Obtaining an NIE: The Foreign Identity Number (NIE) is necessary for tax purposes in Spain, and we assist you in getting it.
  • Choosing the Property: From apartments to villas with sea views, we guide you in selecting the ideal property and ensure clear communication in your language.
  • Reservation Contract: Once you find your property, a reservation contract is signed with a deposit to secure it.
  • Legal Support in Your Language: We work with multilingual lawyers offering services in English, German, Polish, Swedish, Arabic, Chinese, and Russian, so every legal aspect is clear and secure.
  • Signing at the Notary: The purchase is finalized at a Spanish notary’s office, where the full payment and taxes are handled.

3. Taxes and Additional Costs

When buying property in Spain, here are additional costs to consider:

  • Property Transfer Tax (ITP): In Valencia, the ITP is 10% for second-hand properties.
  • New Builds: New properties have a 10% VAT plus a 1.5% Stamp Duty in Valencia.
  • Notary and Registry Fees: These typically range from 1% to 2% of the property price.

4. Structural Inspections

To ensure peace of mind, we offer detailed technical reports on the property’s structure, plumbing, and electrical systems. This report assures that there are no hidden issues and that you make an informed decision.

5. After-Sales Services and Maintenance

Our commitment doesn’t end with the keys. Vivee provides full after-sales support, ensuring assistance with additional formalities and property maintenance:

  • Property Maintenance: We connect you with trusted local companies for regular upkeep, pool, garden, or cleaning services.
  • Issue Management: If a technical issue arises, like a leak or electrical problem, we handle it promptly, so your home is always in top condition.

6. Financing in Spain

If financing is needed, Vivee collaborates with Spanish banks offering mortgages for foreign buyers. We’ll guide you through the requirements and help make the process as smooth as possible.

Why Choose Vivee to Buy Your Costa Blanca Home?

Our multilingual team supports you every step of the way, ensuring clarity and trust in each phase. With Vivee, you have an agency that understands your needs, speaks your language, and offers a seamless buying experience.

Conclusion Buying a home in Costa Blanca is an excellent decision for those seeking sun, tranquility, and quality of life. At Vivee, we make the process secure and easy, providing support every step of the way—from choosing your property to after-sales services. Rest assured, with us, you’re in good hands.

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