How exactly does buying a property in Costa Blanca South work?
Steps and Full Guidance with Lirice Real Estate
Are you dreaming of a second home or permanent residence on the sunny Costa Blanca South? You might be wondering how the buying process works. Purchasing a home in Spain is different from in the Netherlands or Belgium, but with the right guidance, it can be a smooth and enjoyable experience. At Lirice Real Estate, we help you from start to finish. In this blog, we explain the buying process and how we guide you step by step.
Step 1: Finding and Viewing Properties
The process starts with finding the perfect property. Whether you’re looking for an apartment, villa, or vacation home, we know the region and the market inside out. Together, we determine your preferences, property type, and budget. We then organize viewings where we personally guide you and provide all the necessary information about the properties and the area.
Step 2: Reservation and Deposit
Have you found your ideal home? The next step is to reserve the property. This is done by signing a reservation contract and paying a deposit (usually between €3,000 and €10,000). This removes the property from the market, ensuring no one else can purchase it.
Step 3: Legal Checks by the Lawyer
After the reservation, the legal phase begins. We connect you with a specialized lawyer who communicates in your language. The lawyer conducts a thorough investigation to verify that the property is legally sound, such as ownership titles, permits, and potential liabilities. This ensures you don’t encounter any unexpected surprises.
Step 4: Drafting the Purchase Contract
Once everything is legally verified, the purchase contract is drawn up. This contract includes the transaction details, such as the purchase price, payment terms, and the transfer date. For new-build projects, different payment stages are often agreed upon, depending on the builder and in consultation with the buyer. For resale properties, the process is usually quicker: you pay a reservation fee, an amount when drafting the purchase contract, and the remaining balance at the notary during the transfer of ownership.
Step 5: Signing the Deed at the Notary
The final step is signing the deed at the notary. On this day, the keys are officially handed over, and you become the owner of your Spanish property. We are also present to ensure everything runs smoothly. The notary registers the deed in the Spanish property registry.
Full Guidance by Lirice Real Estate
At Lirice Real Estate, we offer full guidance throughout the entire purchase process. Thanks to our excellent knowledge of the market and extensive network of reliable builders, law firms, and notaries, we connect you with the right parties who can assist you in your own language. We make sure you are completely taken care of, from the property search to the transfer at the notary.
After-sales and Personal Service
Our service doesn’t stop at the transfer of the property. After the purchase, we remain your point of contact for various matters, such as utilities, property management, or other practical questions. At Lirice Real Estate, we value long-term relationships with our clients, ensuring you feel at home, both during and after the purchase.
In short, buying a property on the Costa Blanca South doesn’t have to be a stressful experience. With the expert guidance of Lirice Real Estate and our extensive network in Spain, we help you through every step of the process. That way, you can purchase your dream home with peace of mind and fully enjoy everything this beautiful region has to offer!