Can foreigners buy property in Spain?
Yes. There are no restrictions on non-Spanish nationals buying property in Spain, whether as a resident or non-resident.
What is an NIE number and do I need one?
An NIE (Numero de Identificacion de Extranjero) is a tax ID number required for any property purchase in Spain by a non-Spanish national. Nueva Living can guide you through obtaining one before you reserve.
What costs should I budget for on top of the purchase price?
Buyers typically budget for transfer tax or VAT, notary fees, land registry fees and legal fees on top of the purchase price. Nueva Living provides a full, current cost breakdown for your chosen residence before you reserve.
Can I get a mortgage in Spain as a non-resident?
Many Spanish banks offer mortgages to non-resident buyers, typically financing a portion of the purchase price. Exact terms depend on the bank and your personal financial profile.
What is the difference between off-plan and completed properties?
Off-plan means the development is still under construction and is usually sold with staged payments through to completion. A completed property is ready to view and move into now.
How does the reservation and payment process work?
Reservation and payment structures vary by development and are set out in full before you reserve. Nueva Living reconfirms the current schedule for your chosen residence at every step.
Can I rent out the property after purchase?
This depends on the individual development and local regulations, which can vary by community and municipality. Nueva Living will confirm the specific rules for a development before you reserve.
Do I need a lawyer?
Yes, we strongly recommend independent legal representation for any property purchase in Spain. Nueva Living can put you in touch with independent lawyers experienced in Costa del Sol property.
What do the villas cost?
Five of the seven are priced, from €1,650,000 to €1,900,000, excluding VAT. Villas 1 and 3 carry no price in the current list.
Is VAT included?
No. VAT is added at 10% to each stage of the payment schedule, including the €50,000 reservation.
How are the payments staged?
€50,000 on reservation, 30% on the private purchase contract after 30 days, 20% after six months and 50% at title deed, each plus VAT at 10%.
Does it have a building licence?
Yes. The developer states the building licence has been granted. Nueva Living confirms it in writing before any money moves.
When is it finished?
The developer gives completion as Q1 2028. The date that appears in the purchase contract is the one that governs, and we confirm it in writing.
How big are the villas?
From 627.44 sqm built on a 496.35 sqm plot to 729.50 sqm on 554.28 sqm, with 300.65 to 342.83 sqm of terraces.
What is on the lower level?
A multipurpose room of around 60 sqm, a bedroom and a bathroom, a plant room and a sunken patio. The renders show the room fitted out as a cinema or a gym; we confirm in writing what is delivered.
How many bathrooms are there?
The price list gives four for villas 4 to 7 and five for villas 1 to 3. The drawings count the lower-level bathroom as well, which is where the difference comes from.
