Spacious Four-Bed Apartment with Communal Areas in El Paraiso
€949,000€7,357/m²
El Paraiso, Costa del Sol, Spain
4
bedrooms
2
bathrooms
129 m²
interior
Apartment
property type
29 May 2026
listed
The Habio take
AI summaryThis four-bedroom apartment in El Paraiso offers spacious interiors and large terraces ideal for outdoor living. Situated on the Costa del Sol, it is close to beautiful beaches and key attractions.
- beach
- family
- walkable
- coastal
- investment
Highlights
- 129 m² internal area
- Four spacious bedrooms
- Large terraces for outdoor enjoyment
- Communal areas designed for comfort
- Proximity to the beach and local amenities
Worth knowing
- Car likely needed for daily errands
- No lift mentioned for access to upper floors
Good fit for: Ideal for families or those seeking a comfortable coastal lifestyle.
Lifestyle scores
- Beach
- 85
- Walkable
- 65
- Remote work
- 60
- Family
- 80
- Retirement
- 70
- Airport access
- 70
- Investment
- 75
- Luxury
- 70
- Value
- 65
About this place
A residential development of 43 apartments distributed across low-rise buildings, offering spacious interiors, large terraces, and communal areas designed for comfort and outdoor living, located close to the beach and key destinations on the Costa del Sol
Buying property in Spain
Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.
- 1
Get an NIE
Apply for the foreign-resident tax number at a Spanish consulate, police station, or via a representative with power of attorney.
- 2
Open a Spanish bank account
Needed for the deposit, taxes, mortgage payments, and utilities.
- 3
Engage an independent lawyer
Lawyer runs title, debts, planning, and community-of-owners checks — the notario will not.
- 4
Reservation contract
Small deposit (€3,000–€10,000) takes the property off the market while due diligence runs.
- 5
Sign the contrato de arras
Private purchase contract with a 10% deposit. If the buyer pulls out they lose it; if the seller pulls out they pay double.
- 6
Sign the escritura pública
Final public deed signed before a notario; balance and taxes paid; keys handed over.
- 7
Register the property
Lawyer registers the deed at the Registro de la Propiedad and arranges utility and IBI transfers.
Spain ended its Golden Visa property route in April 2025. Non-resident mortgages are widely available, typically 60–70% LTV. Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax. Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
