Frequently Asked Questions

Questions about buying property in Spain

Provided you have the available funds, the very first step should be to determine the location on either Costa Blanca or Costa Calida you like, where you would want to invest and buy your property. Take your time during your exploration visit that we will suggest and assist you with, depending on the lifestyle, expectations and interests.

Don’t fall for many offered inspection trips. These are quite different and usually mostly counterproductive as you may well feel pressured to make a decision and end up in an area you might not enjoy. As independent property advisers at SUN SEA LIFE our advisers are not influenced by any particular area, vendor or provider. We will objectively guide and advise you by clearly explaining different areas depending on the life style you wish to have, expectations, interest and hobbies.

When choosing a location always keep in mind that one day you may want to sell the property you intend to buy now. Hence, a good location will always be very important.

Generally, this depends on your personal circumstances. In any case you should secure sufficient funds to enter into a property buying transaction. You may have to consider taking a mortgage, a bridging loan from a bank or perhaps first sell your property – or at least have a firm buyer who is committed and paid you a deposit.

That way even if they pull out of buying your property and you commit to buying yours, you may not end up out of pocket as much. You should at least have a good idea of your property’s value by marketing it and have an idea of the time frame you should expect it would take to sale it. Also, please keep in mind that staged payments might also be possible to arrange so that you may have additional time needed to provide the funds.

There is really no rule and it all depends on circumstances – as few or as many as you feel necessary. You should never feel pressured either way. Never the less, as there are many different properties on the market and Costa Blanca and Costa Calida are very popular destinations, you should be well advised to certainly view few before making a decision. Make sure they are ‘like for like’ in either the area of Costa Blanca or Costa Calida you have chosen.

Your personal feeling about the property i.e., if you feel “the house can be a home” is the most important factor. Once you make your selection and make a decision, stick to it even though there may be several properties that ‘tick most of the boxes’. The price is forgotten much quicker than the lack of quality is forgiven!

In Spain, on resale properties some negotiation on the asking price is usual practice – as long as it is reasonable. The narrative of 10% to 15% reduction on asking price as a rule of thumb, is just a myth. It could be more, though in reality usually less – it all depends on many factors, such as, Spanish property market conditions, vendor’s circumstances, what is included in the price and of course how much you really want a particular property.

The vendor would always want to achieve as much as possible and the buyer to pay as less as possible. The reality is negotiated always somewhere in the middle. In respect to new build properties, there are no negotiations on the price – it is the same to everyone. At SUN SEA LIFE as Independent Property Advisers we are not influenced by any developer or provider and effectively mediate between the two parties and are often able to negotiate extras to be included in the price of a new build (e.g., parking place, storage room or perhaps air condition unit etc.) So, this can a clearly benefit you!

For a resale property this is not mandatory but many buyers prefer a peace of mind and ask us to assist. Having an independent property inspection should be done by a qualified surveyor and in Spain this means an architect. As independent property advisers SUN SEA LIFE will assist by putting you in contact with a professional and authorised architect, that would be the most cost effective. Just make sure you are firmly committed to buy a particular property before you engage a surveyor. If you are buying a brand-new build property (never lived in) from a developer, your purchase will be guaranteed (backed up by an obligatory Spanish Government legislation) valid for 10 years.

Furthermore, all reputable new build development companies we work with, are backed up by a bank guarantee, which is an additional safeguard against any payments you make to the developer.

Once you locate the area (in either Costa Blanca or Costa Calida) and a property you wish to purchase (be it resale or new build), in Spain you would be asked to pay a reservation fee so that the property is reserved specifically for you and taken off the market, not shown to anyone else. The amount depends on the price of the property and market conditions. Usually, a resale reservation fee ranges between € 3.000 and € 6.000 but may be higher, befitting the property price.

Some vendors may prefer a straight down deposit which would be 10% of the negotiated price. In case of resale property, a reservation fee or a deposit should be paid in to you lawyer’s client holding account. After your lawyer has gathered all the necessary legal information and due diligence checks on the property and its ownership, the deposit will be transferred to the vendor or their legal representative. In the case of a new build property, this would be paid into developer’s client holding account. This is done either via bank transfer or via a CC payment transaction. In either case, a payment receipt and a pre-contract would be issued.

Once a reservation fee and/or a deposit are paid, the time remaining is used by your legal representative (lawyer or accountant) to liaison with the vendor’s or developer’s legal representative to gather any further necessary information, make a final contract that both parties will sign and arrange for the final, remaining payment and completion date at the public notary office.

As independent property advisers, SUN SEA LIFE has no conflict of interest as we work with a number of different lawyers in various areas of both Costa Blanca and Costa Calida. The common denominator for all of them is that they are well established, they do not charge extortionate fees (either a fixed fee or a percentage) and we are confident to recommend them.

A SUN SEA LIFE Independent Property Adviser will always explain clearly the whole buying process before you enter deep into any transaction. If, after paying a reservation fee you or the vendor have a change of mind, even though there are no legal or fiscal issues with the property or the ownership, you may be refunded with in a “good will period” of usually 7 days.

Once the Sales Contract is signed by both sides and the 10% deposit (or any others amount you may agree to) is paid and before the completion date and any final payments made, you decide to back out, then you will forfeit (lose) the whole amount. Should the vendor / developer change their mind, they will have to repay your paid funds and an equivalent indemnity. In any case the Contract will clearly stipulate all the Terms and Condition.

In Spain, agents commission fees vary depending on the area. They may be either a pre agreed fixed fee commission or a percentage of the agreed sales price. Most commonly commission is included in the price of the property.

However, in some regions of Spain, it may be split proportionally between the two parties. On occasion the agent, if a mediator between two or more parties, may also charge the buyer a brokerage fee. In all cases, irrespective which commissions are applicable, SUN SEA LIFE independent property advisor will clearly explain them.

Naturally, this list of answers is just partial and covers some of most commonly asked questions. There are of course many other you may have and we would very much encourage and welcome you to Contact us so that we have an opportunity to further advise and assist.

Questions about living in Spain

The cost of living in Spain varies depending on your location. Major cities like Madrid, Barcelona and Valencia tend to be more expensive than rural areas. Coastal areas of Costa BlancaCosta CalidaCosta del Almeria or Costa del Sol also vary but are mostly less expensive. Especially as access to fresh, local produce is more common via green markets and not having to just depend on supermarket chains. Generally, Spain offers a reasonable cost of living with stable economy, compared to many other Western European countries. Housing, transportation, and food expenses are the main components to consider.

Spain boasts an excellent public healthcare system, which is accessible to both residents and expats. Additionally, many residents opt for private health insurance to supplement their medical needs. Healthcare quality is generally high, with modern facilities and well-trained medical professionals.

The Spanish work culture is known for its relaxed atmosphere and emphasis on work-life balance. The standard workweek is typically 40 hours, and siestas (short afternoon naps) are common. However, business hours may vary by region. We all have different criteria and as it’s essential to research your specific location of interest, please Contact SUN SEA LIFE Independent Property Advisers so we can further guide you and provide advice.

While many Spaniards speak English, especially in urban areas and the tourist areas, learning Spanish is highly beneficial for daily life and integration. Embracing the language will enhance your overall experience and allow you to connect more deeply with the local culture.

EU citizens have the right to live and work in Spain without a visa. Non-EU citizens may require various visas and permits, depending on their situation. Researching specific requirements for your nationality before making the move is important – please Contact SUN SEA LIFE Independent Property Advisers so we can further guide you and provide professional advice.

Spain offers a variety of educational options, from public to private and international schools. Public education is free, but many expats opt for private or international schools to ensure their own native-language instruction for their children.

Spain boasts an efficient and well-connected transportation system, including a well-developed and maintained network of motorways, high-speed trains and extensive bus services. Major cities and tourist areas also have excellent public transportation.

Spain’s climate varies by region, but it’s generally Mediterranean, featuring hot, dry long summers and mild winters. Coastal areas experience milder temperatures, while inland regions can be more extreme.

For example, Costa Blanca, located on the southeastern coast of Spain, enjoys a Mediterranean climate, characterized by mild winters and hot summers. Here are the average annual weather conditions you can expect:

  • Temperature: Summer (June to September): experiences hot summers, with average high temperatures ranging from 28°C to 33°C (82°F to 91°F). Heatwaves can sometimes push temperatures even higher.

Winter (December to February). Winters are mild, with average high temperatures between 13°C and 18°C (55°F to 64°F). Frost and snowfall are very rare in coastal areas but more common in the inland mountainous regions.

  • Rainfall: Wet Season are typically September and October, with occasional heavy rains and thunderstorms. November and December also see some rainfall.
  • Dry Season: The rest of the year is generally dry, with very little rainfall. Spring (March to May) and summer are especially dry, making it an ideal time for outdoor activities.
  • Sunshine: Costa Blanca enjoys abundant sunshine throughout the year. Summers are particularly sunny normally with over 300 days of sunshine, with long, sunny days, while winters see fewer daylight hours but still receive a good amount of sunshine.
  • Humidity: Humidity levels are relatively low, especially during the summer months, which contributes to the comfortable feel of the Mediterranean climate.
  • Wind: Coastal areas can experience occasional sea breezes, which help mitigate the summer heat. Winds are generally not a significant factor in the weather, except in specific microclimates.
  • Sea Temperature: The Mediterranean Sea along the Costa Blanca has a pleasant temperature during the summer, ranging from 23°C to 26°C (73°F to 79°F), making it perfect for swimming and water sports. In winter, sea temperatures are cooler but still relatively mild compared to many other regions.

Keep in mind that Costa Blanca is a large coastal area, and weather conditions can vary slightly from one town to another due to local topography and microclimates. Overall, Costa Blanca’s climate is a major draw for visitors and residents alike, providing a fantastic environment for enjoying the beautiful beaches, outdoor activities, and a relaxed Mediterranean lifestyle.

Spain is renowned for its rich cultural heritage, including flamenco music and dance, vibrant festivals, and world-class cuisine as well as renown winemaking. Outdoor enthusiasts can explore beautiful beaches, mountains, and national parks.

Spain is overall considered a safe country, with a relatively low crime rate and well established public security and safety system. However, as in any country, it’s essential to exercise common-sense precautions and be aware of your surroundings.

Living in Spain offers a unique blend of cultural experiences, natural beauty, and a relaxed lifestyle. It’s essential to do thorough research and plan ahead to ensure a smooth transition to your new life in this enchanting Mediterranean country. Whether you’re drawn to the bustling cities, the tranquil countryside or stunning coastal regions, Spain has something to offer everyone looking for a taste of Mediterranean way of living. Please get in Contact with SUN SEA LIFE Independent Property Advisers – we’ll be very glad to talk to you, pass on our personal experience and expertise and assist your specific circumstances and requirements.

Other questions

“SUN SEA LIFE” markets your property to potential buyers on the domestic, Spanish as well as Pan-European International Market
We achieve this by maximising your property exposure as we market your property not just on major Spanish and International property portals but also utilising Social Media Campaigns and visual aids to actively interact with potential buyers and investors.

Equally, our wide networking, agency collaboration and market intelligence significantly increases the exposure of your property. Collectively these have millions of hits each month, which means we generate access to widest possible market area.

The Best Marketing Features
  • We design a high-quality presentation of your property by using 4K, HD cameras which is the latest cutting-edge technology in the Real Estate industry. We will create a clear video tour of your property. This will enable potential buyers to visualise and get the feel of your property in the best possible way from the comfort of their own home.
  • We create professional floor plans for every directly listed property. This aids potential buyers to better understand the layout of your property in its entirety.
  • Our transparent service and efficient internal process enables us to deliver a professional end-to-end Spanish property selling solution. Saving you time, money and anxiety!
  • “SUN SEA LIFE” Independent Property Advisers has experienced international team and offers support in Spanish, English as well as most other, main European languages to ensure we communicate effectively throughout the whole process.
  • However, with the successful sale of your property or sourcing the right property you wish to buy, the process does not end there and we are here to advise and assist in many other queries beyond. How far, depends entirely on you.

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    BuyingSellingGeneral Inquiry

    We are a legally registered Spanish company with the registration number: E72770589. Our experience and expertise are reflected in reviews and testimonials from our past customer. We would also welcome you to read.

    Please click  here to find out what you should do and how we can actively advise and assist in selling your property.

    Contact us

    We work on commission fee based on a percentage of the property sales price and only payable when we successfully complete the sale. The commission percentage is subject to regional variations and size of your property so please Contact us and a SUN SEA LIFE advisor will discuss this with you in person.

    Websites like Rightmove, Fotocasa, Zoopla, Kyero, Idealista etc. are all property portals. They are like online shop windows where you can browse through properties for sale. By listing your property on the above websites, you only attract their website direct traffic. In addition, many of them will only allow Estate Agents to market property with them. Being Independent Property Advisers and not traditional estate agents, utilising combined marketing, we achieve a much wider and far-reaching potential audience. When you market your property with SUN SEA LIFE, we automatically maximize the exposure by listing your property across multiple marketing channels.

    Equally, when you are looking to buy a property with us, we offer custom search. That specifically means that even, if what you are exactly looking for is currently unavailable, we will use our market intelligence, generate a ‘consortium data base alert’, opening other channels of acquisition and find the right property for you.

    In short, yes, absolutely. We adhere to very strict rules and regulations. Please click here to read our privacy policy.

    Through technology or automated interactions: We may automatically collect technical data about your equipment, browsing actions, and usage patterns on our site. These data are collected through cookies or similar technologies. If you want more information, you can check
    our cookies policy here.

    You will find that “SUN SEA LIFE” has an independent concept. Our approach and ethics are different. Our motto “We find properties for buyers – not buyer for properties” for you, marketing to sell your property with us, means that we would methodically qualify the potential buyer before we offer a matching property and any viewing visit. That way, on one side we try to match potential buyer’s criteria, requirements and expectations to what they are really looking for and on the other eliminate any false prospects and disappointments for you. For all sides we try to achieve best time efficiency and precision.

    We are not “Open All Hours” nor do we pretend to be. We like to call this “Working Hours”, and they are: Monday – Friday 09:00 – 17:00, Saturday and Sunday by Appointment. In all instances, most of the time outside these working hours, we can be reached by phone, e-mail or social network and media and will endeavour to reply within the shortest possible time.

    Our contact numbers are (+34) 696 315 230; (+34) +34 667 626 820 and we use WhatsApp, Viber, Signal and Messenger, via e-mail at: info@sunsealife.com or alternatively you can send us a message through our website.

    Once you contact us, we will first arrange for a visit to your property, do an impartial valuation, collate all the necessary documentation, agree and complete a contract instructing and authorising us to market and list your property. At that point we will also complete property inventory. We will then arrange time and date to take photos and to film your property. Once that is done, we process and approve everything is ready, the marketing will commence within 24 to 48 working hours.

    The property description will be completed by one of our Independent Property Advisers. This will be derived from all the documentation and measurements i.e., factual, and will also include all property features. Once completed and before we start marketing, we will send you a copy so you can review the content and advise if any amendments are needed.

    Yes, all property viewings will be attended by one of “SUN SEA LIFE” Independent Property Advisers. Also, as per our internal procedure, the advisor will send you viewing feedback report.

    Yes, you are free to market your property with whoever you wish. Although of course we would welcome the opportunity of exclusivity, we do not ask for it. However, we would strongly advise you not to advertise and market your property with a great too many agencies as this is often counterproductive. If in any doubt what to do, please Contact us for an advice

    Yes, when we arrange to visit your property, we would identify ourselves and would also require from you following form of identification for each person that is on title deeds: Passport; NIE / TIE / DNI; Some utility bills; IBI (Council tax);

    Are there any hidden fees with “SUN SEA LIFE”?

     

    No, not at all. All prices or fees we would quote for any of our service are completely transparent and would always indicate if excluding or including of tax (IVA).

    Please note that cancellation fees may apply in certain circumstances when services have been provided by “SUN SEA LIFE” and you subsequently choose to cancel your agreement or where you are in breach of any of our agreements.

    Yes, we do offer an end-to-end package solution through our trusted and professional partners covering all Legal & Fiscal requirements for either buying or selling a property. Any work will be done by a qualified lawyer or accountant and in each instance, we are committed to always personally oversee all the process and financial matters. These services comprise of: Power of Attorney; Número De Identidad De Extranjero (NIE fiscal number); Tarjeta de Extranjero (TIE resident ID card); Opening a bank account; Energy Performance Certificate (EPC); Habitation Certificate (HC); Conveyancing; Structural Survey; Spanish Will; Foreign Currency Exchange; Financing;

    Please Contact us for all further detailed advice and information.

    Yes, should you wish, we will, by using our in-house experience, current market conditions and applying statistical analyses, we’ll calculate and provide you with an impartial valuation of your property. Please Contact us here to register your interest.

    Yes, after consultation with one of our advisers, should it be required we can amend both the price or any other details at any time.

    This would be entirely your choice. We would however advise you to allow us to do so as this would maximise your property exposure to any passing traffic be it pedestrian or road.

    Yes, as part of our service we would create a professional floor plan for each directly marketed property.

    Yes, we would do a high-quality presentation of your property by using 4K, HD cameras to make professional photos and video.

    We will negotiate the offer on behalf of each person in the transaction to make sure a mutually agreeable price is achieved and agreed. Any offers made on your property are subject to both parties agreeing, so both sides have equal control.

    Generally, no, as we are dealing with multiple nationalities it is important that on the first occasion we liaise between the buyer and seller. On each instance where there are communication issues such as translations or if requested, we will work with both parties to organise any viewings, negotiate a price or reserve a property at any time.

    Yes, all payment transactions are secure with end-to-end encryption as the preferred method is via bank transfer. Unless payable to “SUN SEA LIFE” for our directly provided services, in order to safeguard all parties involved, we would advise that all transactions are made to lawyer’s or accountant’s client holding accounts. For each payment made you will receive a receipt clearly stating the amount paid and the concept of payment.

    Yes, with any monetary transaction dealing in real estate business we fully comply with Spanish and EU anti-money laundering legislation and strict rules and regulations. The main law is “Ley 10/1010 de prevención del blanqueo de capitales y de la financiación del terrorismo”, and the “Servicio Ejecutivo de la Comisión de Prevención del Blanqueo de Capitales e Infracciones Monetarias” (SEPBLAC) is the authority responsible for this matter.

     
     

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