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.
How many homes are available?
The complex has 63 apartments and two are currently listed as available: Home 21, a two-bedroom ground-floor apartment with a private garden, at EUR 720,000, and Home 50, a three-bedroom first-floor apartment with a long terrace, at EUR 767,000.
Is it finished?
The developer’s price list gives both homes as turnkey, without a date, and the grounds are shown built in the photographs. The catalogue gives a building licence granted on 26 August 2021. We ask for the occupation licence and the energy certificate for the home you choose.
What comes with the price?
The price list shows furniture, equipment and decoration as included for both homes, with terrace furniture also listed for Home 21, and no separate equipment figure. Each home has a parking space and a storeroom in the basement. We confirm the inventory in writing.
What are the shared grounds?
More than 6,700 sqm with a large adult pool, a children’s pool, a second heated adult pool, jacuzzis, water jets, a lake with a relaxation island, a yoga area, a gym, a pétanque court and a playground.
How far is the beach and the golf?
The catalogue gives Guadalmina beach at about nine minutes, Estepona and Marbella at about twenty, Puerto Banús at a few minutes by car, and ten golf courses within 4 km.