
Can I Reclaim VAT on my New-Build Property in Spain?
Buy a new build and recover 100% of the VAT by registering the property for a VAT-eligible rental or business activity for 10 years.
With the help of HomeEspaña, Peter and Florentine from The Hague in The Netherlands bought an apartment at the end of 2018 in Villamartin, in the South Costa Blanca.
After living and working abroad for many years, the couple decided to look for a second home in Spain in 2018. Peter is a lawyer and is often able to work from home. With their children grown up and no longer living at home, the idea of buying a second home in the sun became very attractive.
Peter and Florentine chose the south of the Costa Blanca as their destination for finding property. The good climate, the area and easy access from Alicante airport were the main reasons for their choice. In September they contacted HomeEspaña to take the next step and arrange viewings.
Their preparation went smoothly. “HomeEspaña was very accessible from the start and pleasant to work with”, says Peter. “No pressure at all and everything was arranged for us in a professional, relaxed way.”

After communication via email and telephone, a shortlist of houses was made that Peter and his wife wanted to visit. Budget, a laid back living environment, close proximity to the coast and a good selection of nearby shops and cafes were the most important criteria. In just one day, the couple viewed ten homes that they had chosen in advance. The home Peter and Florentine eventually bought, initially wasn’t even in their top three on the shortlist. However, a second viewing made them decide to put in an offer.
“We really wanted a house and not an apartment, but we ended up with this apartment in the end. It felt right from the start. Perfectly maintained, very spacious and light and with good communal facilities. We are happy that HomeEspaña managed to arrange an extra visit for us without any problems and within a very short time. “
The apartment in Villamartin, near Torrevieja, is just a five-minute drive from the beach. The property is part of a small complex, built in 2002, of about 40 apartments with communal pool. The house itself is unfurnished, has two bedrooms, two bathrooms and a spacious balcony.
After they had made their decision, the couple put in an offer that was accepted within three days.
“It all went very smoothly,” says Peter. “We made an offer, signed a provisional purchase contract via HomeEspaña and then everything was taken care of for us. HomeEspaña arranged the entire procedure for us from a distance, from making contact with a lawyer for the official paperwork until the after-sales. The after-sales, in particular, were a pleasant added service. HomeEspaña works with parties they know and trust, so you do not have to search for painters and local handymen to put your new home in order. They consulted us about everything at all times and the house is ready when you finally get on the plane. Perfect.”
Peter and Florentine hope to visit their new home several times a year and stay there for a number of weeks to months.

Buy a new build and recover 100% of the VAT by registering the property for a VAT-eligible rental or business activity for 10 years.

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