Buying a property in Spain – A step-by-step guide with the help of a professional real estate agency

Buying a property in Spain is a dream for many people who want to invest in a warm climate, unique culture or simply find a place for a summer vacation. The buying process may seem complicated, especially if we are not familiar with local laws and procedures. Therefore, in order to avoid unnecessary complications and ensure the security of the transaction, it is worth using the services of a professional real estate agency that will guide you through every stage of buying a property in Spain.

1. Why is it worth hiring a real estate agency?

Buying a property abroad involves many formalities that may differ from those known in Poland. A professional real estate agency will not only help you find your dream property, but will also ensure that the entire process runs smoothly and in accordance with the law. The agency will mediate in negotiations, provide insight into the legal status of the property and help organize all formalities related to the transaction.

Benefits of using the services of a real estate agency:

Trust and experience: The real estate agency has experience in the local market and knowledge of legal procedures, which ensures the security of the transaction.

Access to a wide range of offers: Agencies work with many property owners and can present you with offers that are not publicly available.

Negotiations and legal services: The agency helps you negotiate the price and also provides legal support in signing contracts and transactions.

2. Choosing the right location

The first step in buying a property in Spain is choosing the right location. A professional real estate agency such as Cosmo Homes will help you choose a location that suits your preferences, taking into account your needs and budget. This will save you time and ensure that you choose the right place.

3. Obtaining the NIE number - a step you cannot skip

To buy a property in Spain, it is necessary to obtain a Foreigner Identification Number (NIE). This is a number that allows the transaction to be carried out legally and is required by the Spanish tax authorities. The real estate agency can help you obtain the NIE number and organize all the formalities related to this step.

4. Finding the right property

By working with the Cosmo Homes real estate agency, you have access to a wide range of properties, including those on both the primary and secondary markets. The Cosmo Homes agency will help you not only find the perfect property, but also assess its technical condition, which is crucial to avoid hidden costs related to renovations. Thanks to the experience of the agents, you will be sure that the property you choose meets your expectations.

5. Preliminary contract - securing the transaction

Once you decide on a specific property, the next step is to sign a preliminary contract (Contrato de Arras), which formalizes the intention to buy. The real estate agency, together with a lawyer, will ensure that the contract is prepared in accordance with the law, contains all the necessary provisions and protects the interests of both parties.

6. Checking the legal status of the property

Before you proceed to finalize the purchase, it is important to check the legal status of the property. The property may have debts, mortgages or other legal problems that may complicate the transaction. Cosmo Homes has access to the appropriate tools and resources that allow for a thorough check of the legal status of the property. The agency also cooperates with experienced lawyers who will pay attention to all the details.

7. Finalization of the purchase – notarial deed

After signing the preliminary agreement, the next step is to finalize the purchase, i.e. sign the notarial deed. This is where the full amount for the property is transferred and its ownership is transferred. Our real estate agency provides you with comprehensive service during this stage, cooperating with a notary and other specialists to ensure that the entire process is quick and smooth. With their support, you will avoid difficulties related to formalities and documentation.

8. Fees related to the purchase of real estate

Buying real estate in Spain involves certain fees that are worth knowing about. Cosmo Homes will help you understand all the costs that may arise during the transaction, such as:

Property purchase tax (Impuesto de Transmisiones Patrimoniales) – depending on the region where you are making the purchase.

Notarial and registration fees – related to signing the notarial deed and registering the property in the Spanish registry.

Utility Transfer Fees – related to transferring responsibility for services such as electricity, water or gas.

9. Transferring Utilities and Fees

After purchasing a property, it is also necessary to transfer