Table of Contents
Introduction: Why Buy a Property in Murcia?
Murcia is an underrated yet highly desirable destination for property buyers in Spain. With its diverse landscapes, historic towns, and lower property prices, the region is gaining popularity among expats, investors, and retirees looking for an alternative to the more saturated coastal markets.
- Lower property prices than Costa Blanca and Costa del Sol, making it an attractive option for buyers seeking value.
- A Mediterranean climate with over 300 days of sunshine annually, ideal for year-round outdoor living.
- A growing international community, with British, Scandinavian, Dutch, and Belgian buyers increasingly drawn to the region.
- High rental demand in key locations, including Murcia city, Cartagena, and popular coastal hotspots such as La Manga, Los Alcázares, San Pedro del Pinatar, and Águilas.
- Varied property options, from modern apartments and beachfront homes to country fincas and golf resort villas.
Where Are the Most Popular Areas for Foreign Buyers in Murcia?
Murcia offers a diverse range of locations for property buyers, catering to those looking for beachfront living, golf resort communities, or a traditional Spanish inland home. Popular coastal towns like Los Alcázares, La Manga, and San Pedro del Pinatar attract buyers seeking beachfront properties and strong rental potential, while inland towns such as Lorca, Alhama de Murcia, and Caravaca de la Cruz appeal to those looking for a quieter, more authentic Spanish lifestyle. For golf enthusiasts, Murcia is home to renowned golf resorts like La Manga Club, Hacienda del Álamo, and Condado de Alhama, which offer secure communities with premium amenities. Whether you’re searching for a holiday home, investment property, or a permanent residence, Murcia has something to suit every buyer’s needs.
💡 Below is a detailed list of the top locations in Murcia for foreign property buyers. 🚀
Property Transfer Tax (ITP) or VAT (IVA) in Murcia
When buying property in Murcia, the taxes you pay depend on whether it’s a resale or a new-build property.
ITP (Property transfer tax) for Resale Properties in Murcia
Property Transfer Tax (ITP) in Murcia is 8% of the purchase price or Valor de Referencia (whichever is higher).
ITP must be paid when the title deed is signed at the notary.
💡The ITP rate in Murcia is lower than in other Spanish regions like Valencia which is 10%, making it attractive for buyers.
VAT (IVA) and Stamp Duty (AJD) for New Build Properties
- IVA (VAT) – 10% of the property price.
AJD (Stamp Duty) for the signing of the public deed, which varies between 0.5% and 2% of the purchase price.
Understanding ITP and the Valor de Referencia in Murcia
In Murcia, ITP is calculated based on the higher value between the declared purchase price and the government’s “Valor de Referencia” (official reference value).
How Is the Valor de Referencia Calculated?
The Valor de Referencia is determined by the Spanish government using:
- Recent property transactions in the area
- Location of the property
- Size of the property
💡 If the Valor de Referencia is higher than your purchase price, you will pay ITP on the higher amount.
Example Calculation for ITP Based on Valor de Referencia
📌 Example 1: Declared price is €150,000, but Valor de Referencia is €200,000.
- ITP is calculated on €170,000 × 8% = €13,600
📌 Example 2: Declared price is €220,000, and Valor de Referencia is €210,000.
- ITP is calculated on €220,000 × 8% = €17,600
💡 Your lawyer can check the official Valor de Referencia before you buy, so you’re not caught by surprise with a higher tax bill.
IVA (VAT) and Stamp Duty (AJD) for New Build Properties
- IVA (VAT) for new builds is 10% of the property price.
- AJD (Stamp Duty) is between 0.5 and 2%, payable on all newly built properties.
💡 Example Calculation for a New Build:
- Property price: €250,000
- IVA (10%) = €25,000
- AJD (2%) = €5,000
- Total Tax Cost = €30,000
Notary and Land Registry Fees
To legally register the property, you’ll need to pay notary and land registry fees.
- Notary Fees: Typically range from €800 to €3,000, depending on the property price.
- Land Registry Fees: Generally between €500 and €2,500.
💡 Fees vary depending on the purchase price and mortgage registration.
Legal Fees & Due Diligence Costs
Hiring a lawyer for your property purchase ensures the transaction is legally secure. At Platinum Legal Spain, we handle all legal aspects of the purchase, including:
- Title deed & land registry checks – Ensuring the property is free of debts or legal issues.
- Contract drafting & review – Protecting your rights before signing.
- NIE number application – Essential for foreign buyers.
- Power of Attorney – If you need someone to complete the purchase on your behalf.
💡 Legal fees typically range from 1.25% to 1.5% of the purchase price, with a minimum fee.
Additional Costs to Consider
- Utility Setup Fees – €200–€500 for new electricity and water connections.
- Home Insurance – €200–€500 per year (strongly recommended).
- Community Fees – Varies based on location, typically €50–€300 per month.
Step-by-Step Guide to Buying a Property in Murcia
1️⃣ Find a Property
• Work with reputable real estate agents and legal professionals.
• Consider location, budget, and investment potential.
2️⃣ Reserve the Property
• Pay a reservation deposit (usually €3,000–€6,000).
• Sign a preliminary contract (Contrato de reserva / oferta).
3️⃣ Legal Due Diligence
• Your lawyer verifies ownership, debts, planning permissions, and legal status.
• Obtain an NIE number (Foreigner Identification Number).
4️⃣ Sign the Purchase Agreement
• Pay 10% of the property price as a deposit (for resale properties).
• Finalise financing (if applicable).
5️⃣ Notary & Completion
• Sign the Escritura (Title Deed) before a notary.
• Pay Property Transfer Tax (ITP) or VAT (IVA) + Stamp Duty (AJD).
6️⃣ Register the Property
• The lawyer registers the property in your name at the Land Registry.
• Arrange utilities contracts, alarms and property insurance.
Why You Should Seek Legal Advice Before Buying a Property in Murcia
At Platinum Legal Spain, we:
- Ensure no legal surprises (debts, zoning issues, unpaid taxes).
- Handle all legal paperwork from contracts to tax filings.
- Protect your investment by verifying all legal aspects before you buy.
💡 Hiring an independent lawyer is the best way to guarantee a stress-free purchase.
Why Our Clients Trust Us
Proven Track Record
Successfully handling legal matters for hundreds of clients across Murcia, Alicante, Comunidad Valenciana, Almeria, and Andalucia each year.
Tailored Legal Solutions
Personalised advice that fits your specific situation, whether you’re an expat, investor, or resident.
Clear Communication
Legal advice delivered in your language: English, Spanish, French, or with translation in Dutch, Swedish, and German—no misunderstandings, just clarity.
FAQs on Property Purchase Costs in Murcia
What taxes do I need to pay when buying a property in Murcia?
- Resale properties: You must pay 8% Property Transfer Tax (ITP) on the higher value between the purchase price and the Valor de Referencia.
- New build properties: You must pay 10% VAT (IVA) + 2% Stamp Duty (AJD).
What is the Valor de Referencia, and how does it affect my tax payments?
- The Valor de Referencia is the official market value assigned by the Spanish Tax Agency based on property sales in the area.
- If the Valor de Referencia is higher than your purchase price, you must pay ITP based on the higher amount.
- If your purchase price is higher than the Valor de Referencia, ITP is calculated on the actual purchase price.
💡 Checking the Valor de Referencia before purchasing can help avoid unexpected tax costs.
Do I need an NIE (numero de identidad extranjero) to buy a property in Murcia?
- Yes, an NIE (Número de Identificación de Extranjero) is required for all non-Spanish buyers purchasing property in Murcia.
- The NIE is needed for signing the title deed (escritura), paying taxes, opening a bank account, and setting up utilities.
- You can obtain an NIE in Spain at a local police station, through a Spanish consulate abroad, or by authorising a legal representative to apply on your behalf.
💡 Platinum Legal Spain can assist you in obtaining your NIE before completing your property purchase.
Do I need a Spanish bank account to buy a property in Murcia?
- While not legally required, a Spanish bank account is strongly recommended for making payments, setting up utilities, and paying local taxes.
- Some Spanish banks may require proof of funds and an NIE (Foreigner Identification Number) to open an account.
How much are the legal fees when buying a house in Murcia?
- Legal fees typically range between 1% and 1.5% of the purchase price.
- This includes property checks, contract reviews, NIE application assistance, and tax guidance.
💡 Hiring a lawyer ensures your peace of mind and that your purchase is legally secure and free of debts.
How long does the property purchase process take in Murcia?
- The process usually takes 1 to 3 months, depending on whether you need a mortgage and the complexity of the legal checks.
- If you are a cash buyer and all documents are in order, the process can be completed in as little as 4–6 weeks.
Can foreigners buy property in Murcia?
- Yes! Spain has no restrictions on foreign property ownership.
- You will need an NIE (Número de Identificación de Extranjero), which a lawyer can help you obtain.
Can I get a mortgage in Spain as a non-resident?
- Yes, but Spanish banks usually require a 30–40% deposit for non-residents.
- Interest rates vary depending on the bank, but fixed-rate and variable-rate mortgages are available.
- Some banks may require proof of income and tax returns from your home country.
What happens if a property in Murcia has unpaid debts?
- In Spain, property debts transfer to the new owner, including unpaid taxes, community fees, and mortgages.
- Your lawyer will conduct due diligence to ensure there are no outstanding debts before you complete the purchase.
💡 Always work with a legal expert to verify a property’s financial status before buying.
What are the additional costs after buying a house in Murcia?
- IBI (Property Tax) – Annual local tax based on property value.
- Community Fees – Monthly or annual fees for shared facilities in apartment buildings or gated communities.
- Home Insurance – Recommended for property protection.
Do I need a lawyer when buying a property in Murcia?
Oficially no! But your lawyer ensures:
- The property is legally registered and free of debts.
- All contracts protect your interests.
- Taxes are correctly calculated and paid.
Platinum Legal Spain provides expert legal guidance throughout the entire process.
💡 Working with an independent lawyer is essential to avoid costly mistakes when buying property in Alicante.
Disclaimer
This guide is for general information only. Property laws and tax rates change, so we recommend consulting a legal expert before purchasing property in Spain.
Ready to discuss your legal needs in Spain?
Contact Platinum Legal Spain for Property Purchase Assistance
💡 Buying a property in Murcia? Platinum Legal Spain provides expert legal assistance to ensure a smooth, secure purchase. Contact us today!
Top Golf Resorts in Murcia – Exclusive Communities for Golf & Leisure
Murcia’s coastline, known as the Costa Cálida, offers stunning Mediterranean beaches, warm waters, and a mix of lively tourist hotspots and tranquil fishing villages. Many foreign buyers choose Murcia’s coastal towns for affordable beachfront homes, strong rental demand, and relaxed Mediterranean living.
- La Manga del Mar Menor – A unique strip of land separating the Mediterranean Sea and the Mar Menor, offering beachfront apartments, villas, and high rental demand for short-term holiday lets.
- Los Alcázares – One of the most popular areas for British, Scandinavian, and Dutch buyers, thanks to its golf resorts, beachfront apartments, and family-friendly atmosphere.
- San Pedro del Pinatar – Known for its salt lakes, natural parks, and wellness tourism, this town is a great option for those who want a relaxed coastal lifestyle close to the Murcia Airport.
- Águilas – A lesser-known coastal town with a charming marina, stunning beaches, and an authentic Spanish atmosphere. Property prices here are more affordable than in La Manga or Los Alcázares, making it attractive to expats seeking value for money.
- Mazarrón & Puerto de Mazarrón – A popular destination with British and European expats, known for its beautiful beaches, marina, and wide range of affordable properties, including apartments, townhouses, and villas with sea views.
- Isla Plana – A small seaside town near Mazarrón, ideal for buyers looking for a peaceful coastal retreat with traditional Spanish charm and beautiful Mediterranean views.
- Bolnuevo – A hidden gem with a laid-back atmosphere, quiet beaches, and stunning rock formations, making it an attractive option for retirees and second-home buyers.
- Cabo de Palos – A picturesque fishing village near La Manga, well-known for its high-end villas, diving spots, and excellent seafood restaurants. It’s ideal for buyers looking for a quiet but exclusive coastal location.
- Santiago de la Ribera – A charming seaside town on the Mar Menor, popular for its long promenades, local markets, and excellent connections to Murcia city and Cartagena.
- Lo Pagán – A coastal town famous for its therapeutic mud baths and beachfront properties, making it a great choice for holiday homes and rental investments.
- Estrella de Mar – A small, quiet residential area on the Mar Menor, ideal for buyers looking for a relaxing beachside lifestyle without large tourist crowds.
- Punta Brava & Los Urrutias – Up-and-coming areas along the Mar Menor that still offer affordable beachfront apartments and townhouses, with strong potential for investment.
💡 Murcia’s coastal towns offer diverse property options, from high-end beachfront villas to budget-friendly apartments. Whether you’re looking for a lively tourist area or a peaceful seaside retreat, Costa Cálida has something for everyone.
Best Coastal Towns in Murcia – Beachfront Living on the Costa Cálida
Murcia is known for its world-class golf resorts, many of which offer secure gated communities, high-end amenities, and rental investment potential. Whether you’re looking for a luxury villa, an affordable apartment, or a rental investment, these resorts provide a great mix of leisure, security, and expat-friendly communities.
- La Manga Club Resort – One of Spain’s most prestigious golf and sports resorts, offering luxury villas and apartments with strong rental demand. It features three championship golf courses, a 5-star hotel, and exclusive sports facilities.
- Hacienda del Álamo Golf Resort – A spacious resort with a championship golf course, featuring villas, townhouses, and apartments with large communal areas and sports facilities.
- Mar Menor Golf Resort – A gated community with a Jack Nicklaus-designed golf course, located close to Los Alcázares. Offers a mix of luxury homes and modern apartments, with strong rental potential due to its proximity to the beach.
- El Valle Golf Resort – An exclusive resort known for its modern detached villas and apartments, set in a tranquil natural environment. Ideal for buyers looking for a quiet, upmarket community.
- La Torre Golf Resort – One of the most established golf resorts in Murcia, offering a variety of property options, including apartments, townhouses, and detached villas. Features a vibrant expat community, multiple swimming pools, and a lively commercial center.
- Roda Golf & Beach Resort – A popular choice for British and European buyers, located close to the Mar Menor and offering great rental potential due to its proximity to the beach and Murcia Airport.
- Condado de Alhama Golf Resort – An affordable golf resort featuring a Jack Nicklaus Signature Course. Ideal for buyers seeking good value properties in a well-equipped community with shops, restaurants, and sports facilities.
- Camposol Golf – A well-established residential golf community, highly popular with British expats. Offers affordable villas, townhouses, and apartments, along with a commercial center, bars, and restaurants. Camposol is known for its active expat social scene and budget-friendly property prices.
- Altaona Golf & Country Village – A newly developed golf resort near Murcia city, offering modern eco-friendly villas and apartments in a scenic location. Popular with investors and families looking for a peaceful lifestyle with easy access to the city.
- New Sierra Golf Resort – A smaller, budget-friendly golf community that offers affordable townhouses and villas, ideal for holiday homes and long-term stays.
💡 Murcia’s golf resorts cater to a range of budgets and lifestyles, from luxury properties in La Manga Club to affordable options in Camposol. Whether you’re looking for a rental investment or a permanent home, these resorts offer excellent value for money.
Charming Inland Towns in Murcia – Traditional Spanish Living with Modern Comforts
Murcia is not just about coastal living—many foreign buyers and retirees prefer the peaceful inland towns, which offer lower property prices, traditional Spanish charm, and access to nature. These towns provide a slower pace of life, often with historic architecture, stunning landscapes, and a strong sense of community.
- Murcia City – The vibrant capital of the region, ideal for those wanting a city lifestyle with easy access to both the coast and the countryside. Murcia offers a mix of modern apartments, historic townhouses, and exclusive villas.
- Fuente Álamo – A tranquil inland town with a blend of traditional Spanish homes and modern villas, making it an attractive option for retirees and families looking for affordable homes in a peaceful environment.
- Totana – Known for its proximity to the Sierra Espuña Natural Park, Totana is a perfect choice for nature lovers who enjoy hiking, cycling, and outdoor activities. The town has a mix of affordable countryside properties and charming townhouses.
- Alhama de Murcia – A scenic inland town with a traditional Spanish feel, popular among foreign buyers seeking a mix of rural charm and modern amenities. Close to both Totana and the Sierra Espuña mountains, it offers an excellent balance of nature and convenience.
- Lorca – A historical town famous for its stunning castle and Moorish architecture, Lorca provides a mix of affordable townhouses and country villas. It is well-connected to Murcia city and coastal areas, making it a great choice for those wanting a blend of history, culture, and modern conveniences.
- Moratalla – A hidden gem in the Murcian countryside, known for its breathtaking landscapes, medieval castle, and rural charm. Moratalla is perfect for buyers looking for traditional Spanish fincas, stone houses, and large country estates at affordable prices.
- Caravaca de la Cruz – One of Spain’s five holy cities, Caravaca is a historic inland town with a strong cultural and religious heritage. It offers quaint village homes, countryside retreats, and townhouses, attracting expats looking for a peaceful lifestyle in a historic setting.
- Fortuna – Famous for its thermal spa waters, Fortuna is an ideal choice for buyers seeking relaxation and wellness. Many expats purchase country villas with private pools in the surrounding areas, where land is more affordable than on the coast.
- Cehegín – A picturesque inland town with a beautifully preserved historic center, cobbled streets, and scenic countryside views. Cehegín is perfect for buyers looking for affordable townhouses and country homes while still being close to modern amenities.
- Bullas – Renowned for its Murcian wine production, Bullas is an excellent choice for those interested in vineyards, rural tourism, and a relaxed Mediterranean lifestyle. The town offers stone houses, traditional Spanish villas, and modern developments in a tranquil setting.
💡 Murcia’s inland towns provide a great alternative to coastal areas, offering lower property prices, more space, and a taste of traditional Spanish life. Whether you’re looking for a countryside retreat, a historical town, or a vibrant inland community, there are plenty of options to explore.