Selling a home in Spain may seem like a simple process, but if it's a second home and the seller is a foreigner, it's essential to pay attention to tax issues. This is not only to avoid penalties, but also to plan the transaction well and avoid financial surprises. In areas like the Costa Blanca, many foreign citizens own a second home that they use for part of the year or rent out as a holiday rental. When it comes time to sell it, common questions arise: What taxes do I have to pay? Will I have [...]

Buying a property on the Costa Blanca can be a dream come true, especially for foreign retirees looking to enjoy the climate, quality of life and beautiful beaches of this region. However, it is important to understand some legal aspects if the property you plan to buy is part of a community of owners. What is a community of owners? A homeowners' association is a legal organization formed by all the owners of the homes in a building or development. Each owner has rights and responsibilities related to the common areas, such as swimming pools, gardens, elevators [...]

Comparison: New Build Properties vs. Resale Properties in Spain Buying a home in Spain is one of the most important financial decisions you can make, and choosing between a new build or resale property can be key. In this article, we break down the most important differences to help you make an informed decision, both legally and financially.     Price Price is one of the most important factors. New-build homes tend to be more expensive due to the modern materials used and their location, often in expanding areas. However, the resale value is often higher, making [...]