New Developments
in Rincón de la Victoria

No. The Spain Golden Visa property route closed on 3 April 2025 under Organic Law 1/2025, so buying a home no longer qualifies you for residency on its own. Owning property does not restrict where you can live in Schengen terms, but staying beyond the standard visitor allowance requires a separate visa or residency permit through another route, such as non-lucrative residence or work-based options. These have their own financial and eligibility criteria. Speak to a qualified immigration lawyer before relying on any residency outcome when planning a purchase.

It depends on your timeline and risk tolerance. In Rincón de la Victoria, three developments are completed and ready to occupy, so you can inspect the finished unit, confirm quality and move quickly. Under-construction and licence-stage projects offer earlier pricing and more choice of unit, but you wait for delivery and rely on the developer's schedule and guarantees. Off-plan prices are indicative until contract. If certainty matters most, ready stock suits you. If you want selection and are comfortable waiting, earlier stages can make sense.

You normally start with a reservation to hold the unit while your lawyer reviews the documents. A private contract follows with a larger deposit, commonly around 10 to 30 percent, and under-construction units may add staged payments against build milestones. The balance is paid at completion before the notary. Staged payments on off-plan homes should be covered by a bank guarantee or insurance, which your lawyer should verify. Exact percentages vary by project, so confirm the full schedule in writing before signing.

Start with how you plan to live. The core holds five of the six developments, from €335k, and puts you near the town centre, promenade, services and the rail link toward Málaga, which suits those who want to walk to daily needs. Añoreta Baja, with one development from €315k, is quieter and more residential, better if you prefer space and are comfortable using a car. Consider commute, full-time versus part-time use, and noise tolerance, then compare specific units rather than areas alone.

For a new build, IVA of 10 percent applies to the purchase price, and Andalucía charges AJD stamp duty of 1.2 percent. You also pay notary and land registry fees plus your independent lawyer's fees. As a rough allowance, many buyers budget around 12 to 14 percent over the price, though the real figure depends on the property and your situation. Ongoing costs include IBI property tax, community fees and utilities. Confirm all figures with your lawyer and tax adviser, as these are indicative only.

Yes, several Spanish banks lend to non-residents, but terms are tighter than for residents. Loan-to-value is typically lower, often up to around 60 to 70 percent, and lenders will review your income, credit history and documentation, sometimes from your home country. Interest rates and fees vary by bank and profile. It is sensible to get a mortgage pre-approval or an indication before reserving, so you know your real budget. Roccabox can introduce you to independent advisers, but cannot guarantee approval, which rests with the lender.