Costa del Sol has a very wide range of housing and the location of the apartment is an essential choice. Some appreciate the proximity to shops, services, schools or transport links, while others appreciate the proximity to the beach. It is advisable to rent an apartment in an area of interest before you decide to buy, so that you can get to know the area and its surroundings.
The cost of housing
It is good to think in advance how much you are willing to invest in buying a home. The calculations must always take into account the fixed costs associated with the Spanish real estate transaction, which, by way of guidance, is in the order of 11% to 14% over the purchase price of the apartment.
The total cost of a home sale in Spain, in addition to the real estate purchase price, consists of a transfer tax, stamp duty, agency or attorney’s fees, and other costs such as obtaining an NIE number, interpreting, plumbing contracts. The brokerage commission is generally always included in the purchase price of the apartment and is paid by the owner of the apartment to his principal.
Cost Homes provide their clients with a turnkey service, but you can also choose to use a law firm or agency of your choice.