If you’re thinking of buying property in Spain, the Costa Blanca serves as an excellent place. It offers diverse living spaces for various lifestyles.
Whether you want green quiet apartments, you’ll find them in the northern side of The Costa Blanca, while individuals who enjoy active lifestyles and quality beaches can live in south The Costa Blanca.
Well, as there are several options for you, thinking about your needs will help you decide the best property. But, before making a purchase, one should consider some points first.
Here are some helpful tips for buying a house in Costa Blanca Spain provided by Juan Gomez of local agent Valuvillas on the Costa Blanca.
Understanding The Costa Blanca
Before we get into the tips, we first should talk about the region. Costa Blanca is among the largest regions in Spain.
It’s divided into north and south areas, both of which have varying environments and climates.
Thus, properties in these areas cost differently.
Note that homes in northern Costa Blanca have greater value and, hence, are highly priced than homes in the southern part. Also, houses near the coast are more expensive than those further away.
Houses and villas on The Costa Blanca are generally low-priced as land is readily available.
Homes in Spain
As we’ve explained above, Costa Blanca Spain has two regions, which are completely different.
The south side enjoys hot climates with very flat terrain. The beaches are sandy, plus of high quality.
However, once you move towards the north, you’ll experience a different climate as well as surroundings. This area has many mountains that show the starting on hills/inland.
Research says that many people love staying in north Costa Blanca for assorted reasons.
With islands, and hills, as well as a perfect combination of greenery, it makes this place an attractive one. Plus, with these, it resembles the northern European side.
However, The Costa Blanca has more towns that are around the beach.
Considering these differences, individuals should choose their best-suited location according to their needs. Those with active lifestyles should consider staying in the south. The Costa Blanca, while those who love quiet green places should buy in the northern part.
Financing a Property
Once you decide on which home you want to buy, you should then think of their financing options. Individuals can either pay cash to the seller/company or they can consider mortgage options.
But there are some specific rules about property loans in Spain. These loans are offered to you depending on your age. The amount is often 70% of the house rate.
If you can prove that you’ll repay all the money, this makes the process seamless.
Who Should You Work With?
Several persons are essential in purchasing a property. They include an agent who’ll help simplify this process for you.
A lawyer is also essential as he/she will handle all legal processes related to buying homes in Spain. One should also work with a notary, as they will guide them on legal procedures.
Tips for Buying Property in Spain
When buying properties in Spain, there are key things you should note to make the process seamless. One should:
Determine Property Exchange/Conversion Rates
Stay away from valuations that aren’t declared. Note that sometimes tax calculations might be less than the property’s price. Be flexible and provide ample time.
Final Thoughts
The Costa Blanca Spain is a cool place to live in, with favorable environments and availability of amenities, which makes this area suitable for people of all lifestyles.
Therefore, purchasing a house in this location is a big step. Don’t be shy to check various places before deciding which one suits your needs best.
Again, you must consider what you’ll use your home for. Often, people don’t spend much time in their holiday homes. Thus, purchasing one that’s near the airport will be a wise choice.
