Property in Spain under €250,000

Preguntas frecuentes

• What does €250,000 actually buy on the Costa Blanca?

  In our current stock, a two-bedroom apartment of around 68 m² in a town like Torrevieja, San Pedro del Pinatar or Torre Pacheco, usually in a development with a communal pool. Villas at this price exist inland but are rare on the coast, and most are older builds needing work.

• Can I still buy in Spain for under €100,000?

  Rarely, and almost never on the coast. Two of our 918 homes sit below €100,000, both inland. If that is your ceiling, look at inland Murcia and the Alicante interior, and expect an older build. We will tell you when we have nothing that fits rather than push you upward.

• What are the buying costs on top of the price?

  Budget 10 to 14 percent on top. On a resale that is 10 percent transfer tax in the Comunidad Valenciana or 8 percent in Murcia, plus notary, land registry and lawyer. On a new build it is 10 percent VAT plus 1.5 percent stamp duty. Our tax calculator itemises it.

• Is a cheaper property harder to get a mortgage on?

  Not because of the price, but small older units in unusual locations can be valued conservatively by the bank, and the mortgage follows the valuation rather than the price. Non-residents typically get 60 to 70 percent loan to value, so plan on a deposit of at least 30 percent.

• Are running costs lower on a cheaper property?

  Partly. IBI and community fees scale with size and facilities, so a 68 m² apartment costs less to hold than a 120 m² one. But an older building can carry a special levy for a lift or a facade, so ask for the comunidad accounts for the last two years before you commit.

• Why does the price band start at €250,000 and not lower?

  Because that is where we hold real choice. Nine homes sit below €150,000 out of 918, which is not a shelf you can browse. At €250,000 there are 130, spread across more than twenty towns, and that is a page worth reading rather than a headline with nothing behind it.