Buying property in Mijas Costa is an exciting step for many expat buyers, but the Spanish purchase process requires specific documentation before a transaction can legally complete. According to Keith from Target Property Spain, one of the most common causes of delay is not having the correct paperwork prepared early enough.
In his Top 3 Tips video series, Keith outlines the three essential documents every buyer should have ready before moving forward with a property purchase on the Costa del Sol. Understanding these requirements in advance can significantly speed up the buying process and reduce unnecessary stress.
1️⃣ NIE Number (Foreigner Identification Number)
The NIE number is mandatory for anyone buying property in Spain. It is required for signing the title deed, paying purchase taxes, setting up utilities, and registering ownership. Without it, a sale cannot complete.
Many expat buyers are unaware that NIE appointment availability can vary and sometimes involves waiting periods. However, the process can be simplified. With power of attorney in place, a Spanish lawyer can often obtain the NIE on the buyer’s behalf, removing the need for immediate travel and helping keep timelines on track.
2️⃣ Spanish Bank Account
A Spanish bank account is another key requirement for property buyers in Mijas Costa. Even cash purchasers benefit from having a local account because most completion payments, taxes, and related property costs are handled through it.
In typical transactions, the buyer’s lawyer coordinates completion funds and arranges a banker’s draft for signing at the notary. Having the account open and operational in advance helps ensure a smooth completion day with no last-minute financial complications.
3️⃣ Proof of Funds and Source of Funds Documentation
Spanish legal and notary procedures require verification of where purchase funds originate. This is part of standard anti-money-laundering compliance and applies to all buyers.
Documentation may include savings statements, property sale records, investment withdrawals, or inheritance evidence. Preparing these documents early prevents avoidable delays once a suitable property has been reserved.
Buying in Mijas Costa — Preparation Creates Advantage
Well-prepared buyers consistently move faster and with fewer obstacles than those who wait until after they have found a property. Having the NIE number in progress, a Spanish bank account open, and proof of funds documentation ready places buyers in a strong position when the right opportunity appears.
For tailored guidance on buying property in Mijas Costa, Costa del Sol home purchases, or expat property investment in Spain, readers can contact Target Property Spain here to speak directly with the team.