Buying a property in Spain is an excellent option both for those looking for a permanent home and for those seeking a second home or a real estate investment. The Costa Blanca remains one of the preferred destinations for international buyers thanks to its climate, quality of life, beaches, international connections and wide range of new-build and resale properties.
In this guide, we explain everything you need to know to buy a house on the Costa Blanca as a foreigner in 2026: requirements, documentation, taxes, the buying process and advice on how to do so with complete peace of mind.
Yes. Spain does not impose general restrictions on the purchase of residential property by foreign citizens, regardless of their nationality.
Citizens of the European Union can buy a property in Spain under the same conditions as Spanish citizens. They do not need special permits and only have to complete the usual administrative procedures, such as obtaining an NIE.
They may also apply for mortgage financing from Spanish banks, provided that they meet the requirements established by each financial institution.
Citizens of countries outside the European Union can also buy property in Spain without restrictions.
In some cases, the purchase of a property may form part of a residency or investment plan. However, it is important to remember that residence permit regulations may change and should be checked in accordance with the legislation in force at the time of purchase.
Before completing the purchase of a property, it is advisable to prepare all the necessary documentation.
The Foreigner Identification Number (NIE) is essential for virtually any financial transaction in Spain.
It can be requested:
Obtaining the NIE in advance considerably speeds up the buying process.
Although it is possible to sign certain preliminary documents before obtaining an NIE, it will not be possible to execute the public deed before a notary or properly register the property without this number.
For this reason, it is advisable to begin the application process as soon as possible.
The buying process usually takes place in several stages.
Although it is not always mandatory, having a Spanish bank account makes it easier to pay for:
In addition, many banks require payments related to the property transaction to be made from a Spanish bank account.
Once you have defined your budget and preferred area, it is advisable to work with a specialised real estate agency that understands the local market.
After finding the right property, a purchase offer is normally submitted and, once accepted, the property is reserved by means of a contract.
During this stage, it is advisable to check:
After the reservation, a deposit agreement is usually signed, setting out:
Finally, the purchase is formalised by means of a public deed before a notary and is subsequently registered with the Land Registry.
The taxes payable will mainly depend on the type of property purchased.
Resale Property
New-Build Property
Notary, registration and, where applicable, administrative agency fees must be added to these taxes.
If the owner is not a tax resident in Spain, they may be subject to Non-Resident Income Tax (IRNR).
This tax varies depending on how the property is used, such as for personal use or rental, and on the owner's country of tax residence.
For this reason, specialised tax advice is recommended.
Although it is not mandatory, hiring a lawyer specialising in property law provides significant legal protection.
Among other duties, the lawyer can:
This service is particularly advisable when the buyer lives outside Spain.
The Costa Blanca has become one of the most international property markets in Europe thanks to its many advantages:
Municipalities such as Orihuela Costa, Torrevieja, Guardamar del Segura, Ciudad Quesada, Rojales, Finestrat, Benidorm, Calpe, Altea, Moraira and Jávea continue to be among the most sought-after locations for foreign buyers.
No. Any foreigner can buy a property without being a resident.
Yes. Many Spanish financial institutions grant mortgages to international buyers, although the conditions may vary depending on the country of residence and the buyer's financial profile.
If all the documentation is ready, the process is usually completed within four to eight weeks, although this may vary depending on the transaction.
It is not always mandatory, but it is highly recommended to facilitate payments related to the purchase and maintenance of the property.
You will normally need:
Yes. By means of a power of attorney, a lawyer or representative can manage much of the process and sign on behalf of the buyer if necessary.
Our team speaks your language and supports you throughout the entire buying process, from finding the right property to signing before a notary and receiving after-sales support. Browse our property catalogue or contact an ESPHOUSES property adviser with no obligation.
