Buying a property in Spain as a foreigner is becoming increasingly common, particularly in areas such as the Costa Blanca, where international demand continues to grow steadily. However, although the process is straightforward, there are legal, tax and practical aspects that are worth being aware of in order to avoid mistakes and make the right decisions.
This guide explains clearly and directly how to buy a property in Spain as a non-resident and why new-build properties in areas such as Pilar de la Horadada represent one of the safest options.
Yes. There are no legal restrictions on foreigners buying property in Spain, regardless of whether or not they reside in the country. Both EU citizens and non-EU citizens can purchase property with the same rights.
What matters is not nationality, but meeting the basic administrative requirements.
1. Obtain a NIE (Foreigners’ Identification Number)
It is mandatory. This number identifies the buyer in any financial transaction in Spain. Without a NIE, you cannot sign a deed of sale.
2. Opening a bank account in Spain
Essential for managing payments, taxes and utilities. It also simplifies the process with the solicitor and the developer.
3. Sign before a notary
The sale is formalised by means of a public deed drawn up before a solicitor. This step ensures the legality of the transaction.
4. Registration with the Land Registry
Once the contract has been signed, the property must be officially registered in the buyer’s name. This provides full legal certainty.
One of the most common mistakes is to calculate only the price of the property. In Spain, there are additional costs that usually amount to between 10% and 13% of the purchase price:
In new-build developments, such as those by Creativity Build, costs are clearer and more structured from the outset, which reduces uncertainty.
The Costa Blanca is one of the most sought-after areas among international buyers for a number of objective reasons:
In this context, Pilar de la Horadada stands out for offering a balance that is hard to find: proximity to the sea, tranquillity and amenities, without the crowds found in other, more touristy towns.
For a foreign buyer, this decision is crucial.
Second-hand property
New-build property
From a practical point of view, buying a new-build property reduces complexity, which is particularly important for buyers who do not live in Spain.
Mistakes to avoid
A realistic assessment is essential. These are the most common mistakes:
Avoiding these mistakes makes all the difference between a sound investment and a problem down the line.
Compared to more crowded destinations, Pilar de la Horadada offers clear advantages:
This makes it a particularly attractive destination for buyers looking for a genuine residential property, rather than just a holiday home.
Shopping made easier with the right partner.
The property purchase process in Spain is not complicated, but it does require professional guidance. Choosing an experienced property developer allows you to:
Creativity Build’s developments are designed specifically for this type of
buyer: modern, energy-efficient homes located in areas with high property values.
Buying a home in Spain as a foreigner is a sound decision if it is based on factual information and objective criteria. The Costa Blanca, and in particular Pilar de la Horadada, offers conditions that are hard to match in Europe in terms of climate, quality of life and price. The key is not just in buying, but in buying well: location, type of property and security throughout the process.
If you are looking for a hassle-free option, with guarantees and a long-term focus, new-build properties are currently the most logical choice.
