Property News from Spain

A beach on the doorstep is probably the first picture that enters your head when thinking about buying Spanish property. After all, Spain's coastline is world-famous, boasting more blue-flagged beaches than any other country.

Alicante's blue flag count is the highest of any Spanish province, making it popular when seeking seafront homes or property within walking distance of a beach. The Alicante shoreline, known as the Costa Blanca, has welcomed multi-national expatriates, tourists and holiday-home owners for generations, meaning you'll quickly feel at home.

With 244 kilometres of coast, Alicante's choice of property near a beach is huge. If you want the beach practically in your front garden, thinkSPAIN has 1,200-plus homes for sale in Alicante right on the seafront. But if a short walk to the golden Mediterranean sands and turquoise waves is close enough for you, then your options multiply, and you'll normally get more for your money.

Most properties near a beach in Alicante province are flats, the most common type of residence in Spain. If you prefer a villa, though, there are still plenty of options at a higher price.

Holiday homes and year-round living

Naturally, homes on the immediate beachfront carry a higher price tag, but are typically a good investment: Should you later wish to sell, they'll be in great demand. 

Read more at thinkSPAIN.com

Spain stands as a premier destination for golf enthusiasts and property investors, boasting approximately 400 golf courses and around 300 days of sunshine annually. Its extensive, high-quality golfing infrastructure and exceptional climate make it an accessible and appealing choice for international buyers seeking leisure and investment. Major golf areas are conveniently located near international airports, simplifying travel from Europe and beyond.

The Spanish golf property market outlook for 2025 is remarkably positive, with analysts projecting a 9% increase in property sales and housing prices expected to rise by 4% to 7.3%. This growth is driven by strong domestic demand and a significant surge in international interest, particularly from the UK and the United States, whose transaction numbers reached an all-time high in 2024. This robust demand, coupled with an existing supply-demand imbalance, suggests sustained value appreciation, positioning Spain as a stable and appealing long-term investment destination for expatriates.

Let’s explore Spain's best regions for golf property to better understand their distinct characteristics. This will help you align your Spanish golf property choice with your lifestyle and investment objectives.

Costa del Sol: Premium & mid-tier budgets

The Costa del Sol is a leading destination for golf and property in southern Spain. It is ideal for outdoor pursuits and a high-quality lifestyle, attracting an international community with its relaxed pace and rich social scene.

The Costa del Sol boasts over 70 golf courses, earning its moniker 'Costa del Golf'. It has hosted major international tournaments, including the Ryder Cup at Valderrama in 1997 and the Solheim Cup at Finca Cortesin in 2023.

Read more at thinkSPAIN.com

Demand for luxury residences in Spain is growing fast, especially among foreign buyers. Fortunately, supply is keeping up with this demand: At any one time, tens of thousands of top-budget homes are for sale nationwide. And the high-end property market is expected to continue to expand throughout 2025, even now the 'golden visa' scheme has ended. Buyers from outside the European Union (EU) can no longer acquire automatic residence by spending half a million euros or more on a property, but this has not, apparently, put investors off. Top-of-the-range villas and élite apartments remain highly sought-after, according to industry experts.

The majority of buyers of luxury Spanish homes are from Germany and France, and from the UK and Russia, with growing interest from the USA and countries in Latin America and the Middle East.

Exclusive properties can be found anywhere in Spain, but availability is greater in specific areas, as we'll show you here.

What Spain's luxury housing market can offer

Luxury property does not necessarily mean the most expensive. In fact, one reason Spain is so popular with high net-worth buyers is that their money goes further. Whilst a sum in the low millions might get you a small or medium-sized modern flat in many global cities, such as London, New York, or Dubai, it would be enough for a spacious villa with a garden and private swimming pool in most of Spain.

In price terms, Spain's property market considers 'luxury' to be over €1 million, and 'super-luxury' to be over €3m. Compared with many other countries, these figures are really quite low for what they will actually buy you.

Estate agencies say top-budget buyers typically look for uniqueness, quality, energy efficiency, and attractive surroundings. High-demand features include 'Smart home' technology, and private leisure facilities such as an infinity pool, large garden, private beach, cinema room, gym and tennis court.

Read more at thinkSPAIN.com

Spain's mainland Mediterranean coast is where some of the best beaches, warmest weather, greatest choice of homes for sale and most diverse mix of nationalities are found. The Costa Blanca, about halfway down this coast, encompasses the entire shoreline of the province of Alicante and a few kilometres inland from it. It's one of Europe's favourite destinations: Holidaymakers and foreign residents have been visiting, returning to and settling there for generations.

When deciding on the best Costa Blanca location to move to, it helps to know which areas are most suitable for your chosen lifestyle.

The Costa Blanca's split personality

In reality, there are two Costa Blancas. Whilst not their official titles and never referred to as such in Spanish, expatriates of various nationalities have been identifying their part of the coast as North Costa Blanca and South Costa Blanca for decades. Those who live in one half, after visiting the other for the first time, are stunned at the contrast and struggle to believe they're both in the same province.

The invisible border invented by foreign residents is broadly considered to be just north of the Alicante metropolitan area, known as the Campo de Alicante or L'Alacantí. The North takes in the districts of the Marina Baixa, which backs onto the metropolitan zone, and the Marina Alta, which finishes where Valencia province starts. Alicante city, and everything between it and the next region, Murcia, is the South. This includes the Vega Baja del Segura district and the Baix Vinalopó.

North and South Costa Blanca: What's the difference?

As a general rule, the farther south along the Costa you travel, the greater the expat influence and presence is. Whilst the far north of the coast remains much more unspoilt and 'traditionally Spanish', the far south is swallowed up by huge urbanisations, or residential complexes, occupied almost exclusively by northern Europeans. The main differences are:

• South Costa Blanca expatriates are generally – although, of course, not always – less integrated, since they are heavily clustered together and have limited contact with the local Spanish community. North Costa Blanca expatriates live in or close to small towns and villages, and are more thinly spread, so they interact more with Spaniards.
• Foreigners on the Costa Blanca South are more likely to be part-time expatriates, spending several months per year in their holiday homes, although foreigners of many years' or decades' permanent residence are the majority on the Costa Blanca North.
• In the southern half, the dominant, and often only, language among locals is Spanish, whilst in the northern half, Spanish coexists with or even takes a back seat to the co-official regional tongue, valenciano.
• The North Costa Blancais greener, more mountainous, forested and rugged, and the South Costa Blanca drier, flatter and more desert-like.

Read more at thinkSPAIN.com

Buying a home on the Spanish coast is not typically a budget option, with property being in high demand and low supply in beach locations. But there are still areas where a main residence is relatively affordable, and in some cases – especially if you're seeking a holiday home – are actually cheap.

When giving average buying prices for the following towns, we have based these on a property of 100 square metres. This could be, perhaps, a spacious three-bedroom apartment, or a small villa. These prices, though, are not set in stone: Exact property type and location can alter the cost significantly.

The central hub of many coastal towns is often a few kilometres inland, and their beach neighbourhoods used almost exclusively by local residents in summer, when they move into their second homes. If you decided to live in the town proper, you would still be comfortably near enough to the beach to be able to enjoy it – typically a five- or 10-minute drive, or a 20-minute cycle ride away – and would be able to buy a home for considerably less.

Older properties – pre-2000 – are normally cheaper, and depending upon your willingness to refurbish your home and to what extent, you could save even more. Renovations needed might be merely cosmetic – ranging from repainting or, perhaps, retiling, through to replacing the kitchen and bathroom – or could involve major structural works. If the former is the case, you may even decide you can live with the original decades-old décor, particularly if you plan to use the property as a holiday home, if it means spending less.

If the property is not going to be your main residence, you won't need as much space, which will also reduce expense. In some coastal towns in Spain, you can find one-bedroom apartments for as little as €30,000 or €40,000.

Here are some of the cheapest coastal areas to buy homes in, each with a description and price range.

Galicia

You might have expected the cheapest coastal properties in Spain to be found in the north, which has cooler and shorter summers and does not appear on the international beach tourism trail. This is not necessarily true, although eight of the 10 least-expensive seaside towns for homebuyers are in the far north-western region of Galicia.

This green and pleasant land is a far cry from what you would expect a Spanish Costa to look like. Instead of palm trees, you'll find a lush, grassy landscape that benefits from constant light in winter, autumn and spring, and more closely resembles that of northern Europe. Galicia's emerald scenery, rugged cliffs and multiple river deltas – or Rías - are often likened to Scotland and Ireland and, indeed, the region shares strong historical ties with both.

Read more at thinkSPAIN.com

If you're searching for a cheap property for sale in Spain, at thinkSPAIN we offer a wide range of homes to suit all budgets. In Spain, property prices can vary significantly across different regions of the country. If you know where to look, you can find very affordable properties. This article will help you understand which types of properties are usually more affordable and the areas where it’s cheaper to buy in Spain.

What are the cheapest types of property in Spain?

The cheapest properties in Spain are usually apartments, homes in rural areas or less touristy villages, and properties that require renovation. One or two-bedroom apartments, especially those located outside major cities, tend to be more budget friendly. Additionally, second-hand homes in need of refurbishment are often sold at lower prices, making them an excellent option if you have the time for renovations.

Rural houses in inland Spain, away from major urban centres, also offer highly competitive prices. These properties are usually cheaper due to their location away from high-demand tourist areas. If you are looking for a home surrounded by nature and away from city life, this could be the perfect opportunity to purchase a property at a lower cost.

Where to buy cheap properties in Spain....

Read more at thinkSPAIN.com

Owning a property with a pool is one of the most popular choices in Spain, thanks to both its warm climate and its strong property market. For this reason, buying a home with a pool remains a common practice among both residents and investors. If you are looking for a property to enjoy the Mediterranean climate, at thinkSPAIN we offer thousands of options to suit all budgets and lifestyles. From apartments with communal pools to villas with private pools, we are sure you'll find the perfect home for you.

Benefits of buying a property with a pool in Spain

A pool can add significant value to any home, especially in Spain, where outdoor living is an essential part of daily life. Having access to a pool enhances wellbeing during the summer months, increases the property's value, and makes it more appealing to potential tenants or future buyers.

This means that these properties not only improve quality of life but also represent a smart investment. Properties with pools are an excellent option in tourist areas, where there is a high demand for holiday rentals. Many buyers enjoy the best of both worlds, using their property whenever they like and earning rental income when they are not using it.

What types of properties with a pool are available in Spain?

Apartments with communal pools are the most common and accessible option in Spain, especially in resort-style complexes. These properties offer shared facilities, such as pools, gardens, and even gyms. They are a practical choice for those seeking a high-quality lifestyle with low maintenance. On thinkSPAIN, you can find over 50,000 apartments with pools, primarily in coastal areas.

For those who prefer more privacy, villas with private pools are a very popular choice. These homes offer outdoor spaces, often with terraces, gardens, and areas for outdoor dining. They are ideal for families or buyers looking for a more independent lifestyle. There are also many semi-detached and terraced homes that offer private pools at a more affordable price.

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Best regions to buy a property with a pool in Spain

Properties with pools can be found throughout Spain, especially in coastal regions and inland areas with warm climates, where outdoor living is a priority. The provinces of Alicante and Málaga are among the most popular destinations, with thousands of homes with pools for sale on thinkSPAIN.

Other highly sought-after areas include the Canary Islands, the Balearic Islands, the Costa Cálida, and the Costa Brava, where the climate makes a pool an essential feature for many buyers.

Whether you're looking for a holiday home, a permanent residence, or an investment opportunity, Spain has the perfect property with a pool waiting for you. Explore the listings on thinkSPAIN and find your ideal home with a pool.

Buying or selling a property in Spain involves much more than just the agreed-upon price. There are various additional costs to consider, including notary fees, property registration, taxes, and other administrative expenses. It's essential to understand who bears these costs to budget effectively and avoid any surprises along the way. This guide aims to clarify the responsibilities of both buyers and sellers regarding these expenses.

Costs for the Home Buyer

When purchasing a home in Spain, several costs must be considered beyond the property's price. Here's a comprehensive look at the main expenses buyers can expect to incur.

Notary Fees

The notary is a crucial figure in the Spanish property transaction process, as they oversee the signing of the official deed. The buyer is responsible for these notary fees, which typically range from 0.2% to 0.5% of the property's purchase price. These fees are regulated under Royal Decree 1426/1989, ensuring that there is a standardised set of charges across various levels of property complexity. The buyer must pay these fees at the time of signing the deed.

Property Registration

After the deed has been signed, the buyer must register the property in their name at the local Land Registry. This registration process also incurs a fee, generally ranging between 0.1% and 0.25% of the property's value. For example, if the property is priced at €100,000, the registration fee would likely be around €250.

Taxes for Home Buyers

The taxes payable by the buyer depend on whether the property is a new build or second-hand.

• New Builds: Buyers must pay VAT, which is usually 10% of the recorded deed amount, and Stamp Duty (IAJD), which ranges from 0.5% to 1.5% depending on the local autonomous community's regulations.

• Second-Hand Properties: Instead of VAT and Stamp Duty, buyers of second-hand properties pay the Property Transfer Tax (ITP), usually set between 6% and 10% of the purchase price.

Real Estate Fees

Engaging a real estate agency can make the property buying process smoother and more manageable. These agencies help with finding suitable properties and handling the necessary paperwork. The fees for these services are typically shared between the buyer and the seller, though the exact distribution can vary depending on the agency's policies.

Costs for the Home Seller

Sellers also have a share of the financial responsibilities when it comes to property transactions in Spain. Here are the primary expenses associated with selling a home.

Notary Fees

While the buyer covers the notary fees for registering the deed, sellers must also pay for the costs associated with the granting of deeds. These fees, which confirm the transfer of ownership, range from €400 to €800. Additionally, the seller must provide several documents to the notary, which incur further costs:

• Energy Efficiency Certificate: Around €200
• Certificate of Payment Up-to-Date: Varies depending on the specific situation
• Certificate of Habitability: Approximately €100

Mortgage Cancellation Fees

If the property being sold has an outstanding mortgage, the seller must go through a mortgage cancellation process. This process involves several steps:

1. Zero-Debt Certificate: Requested from the bank, confirming that the mortgage has been paid off (usually provided free of charge).
2. Mortgage Cancellation Deed: Signed before a notary, costing around €200.
3. Property Registration: Registering the mortgage cancellation with the Property Registry, incurring a fee starting at approximately €100, depending on the mortgage's value.

Taxes for Home Sellers

Sellers need to be aware of various taxes applicable to the sale of their property:

• Municipal Capital Gains Tax: This tax, known as “Plusvalía,” applies to the increase in land value over the period of ownership. The amount payable ranges from 20% to 30%, calculated based on the cadastral value, years of ownership, and local council regulations.

• Personal Income Tax (IRPF): This tax applies to the profit gained from the sale and must be declared in the seller’s next income tax return.

• Real Estate Tax (IBI): The seller is responsible for paying the IBI for the year in which the property is sold. After the sale, this expense transfers to the new owner.

Real Estate Fees

Just as buyers benefit from professional help, so do sellers. Consulting a real estate or tax professional can provide invaluable guidance throughout the selling process. The fees for these services typically range between 3% and 7% of the property's sale price.

Understanding the various costs involved in buying or selling a home in Spain is crucial for both buyers and sellers. From notary and registration fees to the taxes and professional fees needed for a smooth transaction, being aware of these expenses can help manage expectations and avoid any financial pitfalls. By knowing who is responsible for each cost, you can better prepare and ensure a seamless property transaction experience.

The Spanish property market involves a series of protocols and regulations designed to make the process transparent and fair for all parties involved. Whether you're buying your ideal home or selling a cherished property, having a clear grasp of these financial obligations will ensure everything proceeds smoothly and without unexpected financial stress.

If you're planning to buy a property in Spain in 2025, it's crucial to be aware of the various costs and taxes involved. Navigating these additional expenses can be daunting, especially if you are an expat moving to Spain for the first time. This guide breaks down the costs and fees to help you better prepare for your property purchase in Spain.

Initial Considerations

Before delving into the specifics of buying property in Spain, it's important to note that a mortgage is not the sole financial commitment you will encounter. Spanish banks typically finance up to 80% of the property's value if it will be your primary residence. This means you'll need to have at least 20% of the property value saved for the deposit. Additionally, you must consider other expenses such as taxes, notary fees, and various administrative and legal costs.

Primary Costs

The total expenses related to buying a property in Spain, excluding the deposit, typically amount to between 10% and 12% of the property's purchase price. These figures include various compulsory fees, regardless of whether the property is new or pre-owned. Here are the primary expenses you'll need to account for:

Notary Fees

In Spain, notaries perform the role that solicitors ordinarily handle in the UK when a property is bought. Their fees are regulated by the state and vary depending on the property's price. For instance, notary fees can range from €600 to €875, but the cost for a €250,000 property might be around €1,000.

Land Registry Fees

Registering the property deeds signed by the notary also incurs a cost, which is governed by Spanish regulations. These fees are generally between €400 and €700, depending on the property's price.

Taxation

Taxes are a significant part of the cost of purchasing property in Spain, and the types and amounts depend on whether the property is new or pre-owned.

New Properties:

• VAT (IVA - Impuesto sobre el Valor Añadido): For new-build homes, you will have to pay a VAT of 10% of the property price. In the Canary Islands, this tax, known as IGIC (Indirect General Canary Islands Tax), is reduced to 7%.
• Stamp Duty (AJD - Actos Jurídicos Documentados): This is an additional tax on new properties, which varies by region. For instance, it ranges from 0.5% to 1.5% of the property price.

Pre-owned Properties:

• Property Transfer Tax (ITP - Impuesto sobre Transmisiones Patrimoniales): This tax is payable on the purchase of pre-owned homes. Rates vary from 4% to 10%, depending on the autonomous community. For example, in Ceuta and Melilla, the rate is 6%, while it can be as high as 10% in regions like Catalonia and Valencia.

Regional Tax Rates: New Property Purchases (2025):

Regional Tax Rates: Pre-owned Property Purchases (2025):

For certain groups, such as large families, individuals with disabilities, and young buyers, there could be reduced tax rates. For instance, in Madrid, families with three or more children may only pay 4% property tax if they buy a new home as their primary residence.

Additional Costs

Adviser Costs:

Hiring a 'gestor' (an administrative adviser) can be beneficial, especially if you don't speak Spanish. These advisers can help with tax settlements and paperwork. This service usually costs around €300.

Mortgage-Related Costs:

If you need to take out a mortgage, you should be aware of potential additional expenses:

• Property Valuation: Required for obtaining a mortgage; this service can cost between €250 and €600. Some banks may cover this cost.
• Mortgage Opening Fee: Some banks may charge an opening fee, which could be up to 2% of the loan amount, though many banks nowadays do not apply this charge.

Buying a property in Spain involves several additional costs and taxes beyond the property's sale price. Understanding these expenses is crucial to avoid any unexpected financial burdens. Always consult with local professionals to get accurate, tailored advice based on your specific circumstances.

By planning ahead and budgeting for these essential costs, you can enjoy a smoother process as you embark on this exciting journey of purchasing your new home in Spain.

The Spanish property market in 2025 presents a dynamic mix of opportunities and challenges, marked by significant legal updates affecting rentals, evictions, taxes, and purchases. This article provides a comprehensive overview of these changes, empowering landlords, tenants, and buyers to make informed decisions.

Persistent Property Price Growth:

Despite government efforts to enhance affordability, the Spanish property market is projected to experience continued price increases throughout 2025. This surge is fueled by a persistent supply-demand imbalance, particularly in sought-after coastal regions where new construction lags. Consequently, prospective buyers are advised to act promptly to capitalize on current market conditions.

Rental Market Overhaul:

The rental sector has undergone substantial transformations in 2025, aiming to foster a more balanced and sustainable environment. Key changes include:

• Extended Contract Durations: Landlords can now offer rental agreements of up to five years, with tenants having the option for an additional five-year renewal. This measure promotes stability and reduces the frequency of contract renewals.
• New Rent Adjustment Index (IRAV): Effective January 1, 2025, the IRAV replaces the CPI for rent adjustments, capping increases at the lowest value among:
  • The previous year's annual CPI change.
  • The three-year average annual CPI change.
  • The five-year average annual CPI change.
  • This ensures more predictable rent adjustments, primarily for contracts signed after May 25, 2023, excluding temporary rentals and commercial properties.
• Shifted Financial Responsibilities: Landlords are now mandated to cover all costs associated with rental agreements, including estate agent fees and rent default insurance, easing the financial burden on tenants.
• Revised Definition of Large Property Owners: Regional governments can lower the threshold for large property owners to those with more than five properties in "tension zones," granting them greater regulatory control.
• Stricter Regulations in Stressed Rental Markets: Areas where rents or mortgage costs exceed 30% of household income or house price growth outpaces inflation are subject to enhanced controls to curb excessive rent increases.
• Tax Incentives for Landlords: Tax breaks are offered to landlords, including reductions in personal income tax on rental income, with higher reductions for renovated properties and rentals in stressed areas to specific demographics.

Taxation Updates:

• New Rubbish Tax: A nationwide rubbish tax will be implemented from April 2025, with responsibility for payment varying by locality.
• Changes to Property Tax (IBI) Rates: IBI rates are being adjusted across Spain, with increases in many cities and a decrease in Madrid. A surcharge of 150% will be applied to IBI on properties vacant for over two years, owned by people with at least four properties.
• Tourist Rental Regulations: New rules for tourist rentals require community approval, stricter regulations, higher taxes, and uncertain transferability of rental permissions, aiming to balance short-term and long-term rental availability.

Squatter and Eviction Laws:

• Fast-Track Squatter Evictions: A new law introduces a rapid trial process for squatter evictions, resolving cases within 15 days, with police intervention clarified, especially within the first 48 hours.
• General Evictions: General eviction processes remain governed by the 2023 Housing Law, with landlords advised to seek legal counsel for compliance.

Property Purchases in 2025:

• End of Golden Visa Program: The Golden Visa program, granting residency to non-EU citizens investing €500,000 in property, will end on April 3, 2025.
• Proposed Restrictions on Non-EU Buyers: A proposal is being considered to ban non-EU foreigners from buying property unless they or their families reside in Spain. This proposal is under debate, and regional governments may oppose it.
• Market Influences: Factors like interest rates, housing availability, economic growth, and population changes significantly impact property prices, despite potential restrictions on foreign buyers.

Key Considerations:

The 2025 changes reflect a commitment to housing affordability, tenant protection, and property owner rights. Landlords benefit from extended contracts and a new rental index, while tenants enjoy capped rent increases and enhanced protections. The fast-track squatter eviction process offers reassurance for property owners.

Staying informed and compliant with the latest regulations is crucial for navigating Spain's dynamic real estate market in 2025. Consulting with legal experts is advisable for personalized guidance.