Costa Blanca

New building: how to pay

We tell you everything you need to know about how to pay for new housing. From the initial payments to the formalisation of the mortgage.

Reservation of accommodation

Contract of sale and first payment

Payments during construction

New construction mortgage

Types of mortgages

  • Fixed-rate mortgagesThe interest rate remains constant throughout the life of the loan.
  • Variable rate mortgagesThe interest rate may vary, usually linked to a benchmark such as Euribor.
  • Mixed mortgagesCombines an initial fixed-rate period with a variable-rate period.

How to apply for a mortgage?

Final payment and deed

Expenses to be considered

  • Transfer Tax (Impuesto sobre Transmisiones Patrimoniales - ITP) o VATdepending on whether it is new or second-hand.
  • Notary fees y registration.
  • Valuation costs if you apply for a mortgage.

To be taken into account:

Immosol

Recent entries

Survival kit for estate agents

Why working with a promoter can be the key to success. Nowadays, with the incipient...

3 days ago

Can you live in Alicante and work in Madrid?

Living in Alicante and working in Madrid is an increasingly viable option, especially for those...

1 week ago

Orihuela Costa: a Mediterranean paradise

Orihuela Costa, a beautiful place on the Costa Blanca, known for its unbeatable climate, its...

3 weeks ago

Villajoyosa to Benidorm: Is it far?

The Costa Blanca is a paradise for those seeking quality of life and exclusivity, and...

4 weeks ago

Altea, Orihuela Costa, Torrevieja and Finestrat. The 4 must-see places on the Costa Blanca.

The province of Alicante is home to some of the most beautiful villages in Spain. Here we present...

1 month ago

Campello vs Benidorm: Which is better to live in?

The Costa Blanca has become a must-visit destination for those looking for a more...

1 month ago