Buying a home is one of the most important steps in life. Whether it’s a first home, an investment, or a second residence, having all the necessary documentation prepared from the start helps make the process fast, safe, and without unexpected issues.
The importance of having your documentation in order when buying a house
Having your paperwork in order before starting the purchase helps avoid many problems and delays. Each document serves a specific purpose and allows verification of the buyer’s identity, the source of funds, and the legal validity of the transaction.
When all documentation is complete and up to date, the buying process runs more smoothly, the bank can approve the mortgage more quickly, and the signing before a notary takes place without complications. In addition, having everything in order gives peace of mind to the buyer and ensures that the purchase is carried out in accordance with the law.
Documentation needed to buy a property
The required documentation can be divided into several parts.
Basic documentation of the buyer
Before starting the process, you must have:
- Valid identification document: DNI if you are Spanish, or passport/NIE if you are a foreign citizen.
- Foreigner Identification Number (NIE): mandatory for anyone who is not Spanish and wishes to buy property in Spain.
- Bank account in Spain: not mandatory, but recommended for managing payments, taxes, and notary expenses.
- Proof of financial solvency: required if you are applying for a mortgage. You must present payslips, an employment contract, income tax return, or other documents proving income.
- Documentation on the origin of funds: to comply with the Anti–Money Laundering Law, it is necessary to justify where the money used for the purchase comes from. You can provide bank statements, deeds of donation or inheritance, income records, etc.
Documents during the purchase process
Throughout the transaction, several documents must be formalized:
- Deposit contract (arras): a private agreement between the buyer and the seller that confirms the intention to buy. It usually includes a 10% deposit of the total price.
- Proof of payment of the deposit: usually made by bank transfer, and a certificate of account ownership must be provided.
- For new-build properties: building permits and the guarantee or insurance policy that covers the amounts paid during construction must be included.
If applying for a mortgage
The bank usually requires the following documentation:
- Last three payslips or income statements.
- Income tax return for the previous year.
- Employment contract or employment history certificate.
- Recent bank statements.
- Debt report (CIRBE).
Taxes and associated costs
In addition to the property price, other costs must be taken into account:
- VAT and Stamp Duty (AJD): for new-build properties, a 10% VAT plus the Stamp Duty tax must be paid.
- Notary and registry fees: usually between €1,000 and €2,000.
- Other services: agency fees, property appraisal, energy certificate, among others.
Recommendations
- Gather all documentation in advance to avoid delays.
- Seek professional advice from a financial advisor or specialized lawyer.
- Check that the property is free of any charges before signing and that the contract reflects all agreed conditions.
Buying a property in Spain
At Myramar, we accompany each client throughout the entire buying process to ensure that the experience of purchasing a home is clear, safe, and straightforward. Our team offers personalized support at every step — from reviewing documentation to the final signing — guaranteeing full transparency.
We offer new-build homes in Mijas and Arroyo de la Miel (Benalmádena), as well as upcoming new developments. If you are looking for a modern, well-located home with full guarantees, contact us and we will help you find the option that best suits you.