10 Legal Tips for Buying a Property in Torrevieja if You Are European
Buying a home in Torrevieja is a dream for many Dutch citizens who wish to enjoy the sun, the sea, and the Mediterranean lifestyle. However, before taking the step, it’s essential to understand the legal and tax aspects involved in purchasing property in Spain.
As a law firm specialized in Real Estate Law in Torrevieja (Alicante), we share 10 practical and legal tips to ensure a safe and smooth purchase process.
1. Check the legal status of the property
Request a nota simple from the Land Registry to confirm that the property is free of charges, mortgages, or liens. This is the first step before signing any contract or paying any deposit.
2. Verify the license and urban status
Make sure the property has a first occupancy license (or equivalent) and that there are no urban planning infractions. In Spain, some older or rural properties may have irregularities that can complicate the sale.
3. Obtain your NIE before signing
The NIE (Foreigner Identification Number) is mandatory for any financial transaction in Spain, including property purchases. It can be obtained in Spain or at Spanish consulates in the Netherlands.
4. Open a Spanish bank account
You’ll need it to pay taxes, utilities, and transfer the purchase funds. The bank will require proof of the origin of your funds in compliance with EU anti–money laundering regulations.
5. Hire an independent lawyer
Avoid conflicts of interest — your lawyer should represent only your interests, not those of the agent or the seller. A real estate lawyer will protect you throughout the process and review all documents before signing.
6. Review the reservation and private contracts
Before paying any deposit, your lawyer must review the reservation or deposit contract, ensuring fair conditions and including a refund clause in case of legal or planning issues.
7. Calculate additional costs
The purchase price is not the only cost. Expect to add between 10% and 14% for taxes, notary fees, registration, legal fees, and administrative expenses. A lawyer will help you prepare a realistic budget.
8. Check the energy certificate and property taxes
The seller must provide a valid Energy Efficiency Certificate. Also, review the IBI (Property Tax) and utility bills to ensure there are no outstanding debts.
9. Complete the purchase before a notary
The sale must be signed before a Spanish notary. Your lawyer will review the public deed beforehand and verify that all documents are in order. Afterwards, they will handle the registration of the property.
10. Plan your taxes as a non-resident
Dutch buyers must comply with certain Spanish tax obligations, such as the Non-Resident Income Tax (IRNR) and, in some cases, the Wealth Tax. Proper tax planning will help you avoid penalties and unpleasant surprises.
⚖️ Conclusion
Buying a home in Torrevieja is an excellent investment, but it requires professional legal guidance to ensure total security.
Our firm, specialized in legal advice for foreign buyers on the Costa Blanca, assists Dutch clients through every step — from document verification to registration.
? Are you a Dutch citizen considering buying in Torrevieja?
Contact us for a no-obligation consultation and learn how to protect your investment from the very first step.
