An American Real Estate Agent on the Costa del Sol

October 17, 2024

By David Bornstein

Purchasing real estate abroad is a dream for many, but the process comes with its own set of challenges—especially when you’re venturing into a market that operates differently from what you’re used to. As an American real estate agent on the Costa del Sol, I’ve experienced the ins and outs of buying property in Spain firsthand. Having gone through this process myself, I understand the unique concerns U.S. buyers face when navigating the Spanish real estate market.

Here’s how an American real estate agent can provide the specific guidance and insight that makes a tangible difference:

Understanding US Buyer Expectations and Concerns

When Americans look for property in Spain, they often expect a similar buying experience to that in the U.S.—which isn’t always the case. For example, when considering new construction, the notion of “off-plan” purchases or the lack of standing inventory can be unfamiliar and even concerning for U.S. buyers. I’ve been in your shoes, so I know how to translate the local processes into something you’ll feel comfortable with, offering context and clarity along the way. My goal is to help you understand the benefits of how things work here while helping to make sure you don’t get tripped up by any surprises.

Communication Without the Learning Curve

Buying real estate can be complicated enough without adding cultural and language barriers to the mix. As a U.S. agent living and working in Spain, I’m able to communicate with you directly, using terms and references you’re familiar with. More importantly, I can anticipate the questions and concerns you might have—whether it’s about financing, tax implications, or simply adjusting to the local lifestyle. Having already navigated the complexities of setting up a business and purchasing property in Spain myself, I’m equipped to answer questions many non-American agents might not even think to address.

Familiarity with Financing and Legal Differences

While your Spanish lawyer will handle the legal aspects, I can help you grasp the key differences that set this market apart from the U.S. market. For example, in Spain, closing costs on can run around 14% on new builds or 10% for resale properties, and understanding this early on helps avoid surprises. These upfront costs might be higher than what you’re used to in the U.S., but once you own the property, annual property tax (IBI) is often much lower than U.S. property taxes. Typically ranging from 0.4% to 1.1% of the property’s cadastral value (which is usually much lower than market value), IBI is more manageable and often a pleasant surprise for U.S. buyers. I can also point you to local professionals who specialize in helping U.S. clients navigate cross-border financing if you’re considering getting a mortgage from a Spanish bank. With me, you’ll get a fuller-picture understanding of what it means to invest here.

The Importance of Location and Lifestyle Fit

The Costa del Sol offers a range of lifestyles, from quiet beachfront communities to more urban neighborhoods to planned developments to golf-centric resorts. Just identifying and differentiating one place from another can be a challenge to say the least. Understanding how these areas align with what you’re looking for is crucial to making the right choice. Having lived in different parts of the U.S. and Europe, I’m better able to help you find the right balance between familiar comforts and embracing the local culture. I know firsthand that where you live affects how you live, and my advice reflects that understanding.

An Experienced Guide Through the Emotional Process

Buying property abroad is exciting, but it can also be emotional—especially when you’re looking at a potential lifestyle change. My role as your agent goes beyond finding you the right property. I’m here to provide support through every step, offering reassurance and practical advice based on my personal experience. Whether it’s helping you manage expectations during the process or finding clear answers to complex questions, I’m committed to making your transition as smooth as possible.

A Personal Connection to the Experience

I’ve made the leap from being a U.S. resident to living in Spain full-time, and I’ve faced the very same decisions you’re about to make. This personal connection to the process means I can offer you not just professional guidance but also empathy and understanding. I’ve been through the visa applications, dealt with the unfamiliar paperwork, and adapted to life in a new country. I know what it takes to make this transition work, and I can offer advice that’s rooted in real-world experience.