Question 1

Do I need to be a Spanish resident to buy a property?

Accepted Answer

No. Any foreign national can buy property in Spain without being a resident, with no restrictions based on nationality. The only essential requirement is to obtain an NIE (foreigner identification number), needed to sign the title deed and pay the purchase taxes.

Question 2

What taxes and costs do I pay when buying a home in Andalusia?

Accepted Answer

For a resale home, the main tax is ITP (Transfer Tax), charged at 7% in Andalusia. For new builds you pay 10% VAT plus AJD (Stamp Duty, around 1.2%). On top of that come notary, land registry and conveyancing fees, typically adding 1% to 2.5%. In total, budget an additional 8% to 10% over the price for resale, and somewhat more for new builds. These are indicative figures — confirm them with your adviser.

Question 3

Does Nexa Prime Homes charge the buyer a commission?

Accepted Answer

No. In Spain, agency fees are paid by the seller. As a buyer, you pay no commission to Nexa Prime Homes for finding the property, negotiating and accompanying you through to signing before the notary. Our buyer advisory service is free of charge to you.

Question 4

Can I buy a property on the Costa del Sol without travelling to Spain?

Accepted Answer

Yes. The entire purchase can be completed remotely by granting Power of Attorney to a trusted lawyer, who signs the deed on your behalf. We also support you with virtual tours, live video walkthroughs and fully digitised documentation so you can decide with complete confidence from your home country.

Question 5

How long does the buying process take?

Accepted Answer

Once your offer is accepted, the usual process is: a reservation agreement, then a deposit contract (arras, with a deposit of around 10%) and finally signing the public deed before a notary. The typical timeline from accepted offer to signing is four to eight weeks, depending on financing and the property's registry status.

Question 6

Can I get a mortgage as a non-resident foreigner?

Accepted Answer

Yes. Spanish banks offer mortgages to non-residents, typically financing up to 60-70% of the appraised or purchase value (versus the usual 80% for residents). You will need to evidence income and solvency. We can connect you with banks and mortgage brokers who specialise in international clients.

Question 7

Why invest in property in Málaga and the Costa del Sol?

Accepted Answer

Málaga and the Costa del Sol combine over 300 days of sunshine a year, international connectivity through Málaga airport, an established international community and very robust holiday and long-term rental demand. It is one of the most stable and liquid second-home and investment markets in the Mediterranean, with upside both in prime areas (Marbella, Estepona, Benahavís) and in value locations (Vélez-Málaga, Fuengirola, Málaga city).

Question 8

Which areas does Nexa Prime Homes cover?

Accepted Answer

We operate in Málaga city and across the entire Costa del Sol: Marbella, Estepona, Benahavís, Mijas, Fuengirola, Alhaurín de la Torre, Vélez-Málaga and Torre del Mar, among others. We handle both ultra-luxury properties and investment opportunities with upside, always with a personalised, curated service.

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