Villas Ibiza Buying Guide

House buying in general can be confusing but the process for buying a house in Spain can be extremely complicated if you don’t know what to expect.
You can still buy a house with a mortgage on Ibiza, the deposits expected can sometimes be higher than what you would expect in the UK and there are a few other costs which you may not be familiar with.

Purchasing a house is also not as straight forward if you do not have residency status. You would have to obtain your NIE number – this is like the UK’s National Insurance number and have a Spanish bank account.

You will also need a solicitor, preferably one that speaks Spanish and is resident on the island. At Villas Ibiza we have our own in-house legal counsel that can act for you.

Once you find a property you will also need to pay a reservation deposit which is non-refundable, usually of around 5000 euros, and you will also sign a proposed contract. You will then need to pay a deposit of at least ten percent.

When the purchase process is completed, there would be ownership taxes that should be paid regularly as IBI (Municipality Tax). Either a resident in Spain or not, all the property owners are responsible for IBI.

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Hidden from the public - but for sale

Some of our listings are not on the market. We are in contact with owners that don't want their properties to be listed, or for the general market to even know they are for sale.

Contact us for our current secret listings.

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