How to Buy Property in the Murcia Region: Documents, Taxes & Costs Explained

Buying property in Murcia, Spain is an exciting step — whether you’re relocating, investing, or purchasing a second home in the sun.

But beyond finding the perfect villa, apartment, or golf resort property, you need to understand the legal process, taxes, and associated costs.

Here’s your simple guide. 

Step 1: Essential Documents You’ll Need

To buy property in Murcia, you’ll need:

• Valid passport or ID

• NIE number (Foreigner Identification Number)

• Spanish bank account

• Proof of funds

• Mortgage approval (if applicable)

The seller must also provide key documents such as:

• Nota Simple (Land Registry extract)

• Energy Efficiency Certificate

• Title Deed

• IBI receipt (property tax)

• Community certificate (if applicable)

A lawyer or experienced estate agent ensures everything is verified before signing.

Taxes When Buying Property in Murcia

Taxes depend on whether the property is resale or new build.

 Resale Property

• Transfer Tax (ITP): 8% of purchase price in Murcia.

New Build Property

• VAT (IVA): 10%

• Stamp Duty (AJD): 1.5%

 Additional Purchase Costs

Buyers should budget approximately 10–13% extra on top of the purchase price.

This includes:

• Notary fees

• Land Registry fees

• Legal fees (typically 1–1.5%)

• Bank fees (if mortgage)

• Valuation costs

 Buying with a Mortgage

Non-residents can typically finance:

• 60–70% of property value

Residents may obtain up to:

• 80%

Banks require:

• Proof of income

• Tax returns

• Credit checks

 Step-by-Step Buying Process

1. Property reservation (deposit paid)

2. Legal checks completed

3. Private purchase contract signed (10% deposit)

4. Completion at notary

5. Registration in Land Registry

 Why Buy in Murcia?

• Lower prices than many Spanish coastal regions

• 300+ days of sunshine

• Strong rental demand

• Relaxed lifestyle

• Excellent value per m²