Enhanced Due Diligence
for the Real Estate sector
on Costa del Sol.
Enhanced Due Diligence (EDD) Required
Real estate professionals operating in Spain and Costa del Sol must comply with EUAMLD and Spanish AML regulations (Ley 10/2010 & Real Decreto 304/2014) by conducting Enhanced Due Diligence (EDD) on high-risk clients and transactions. Given the high volume of foreign buyers and sellers, real estate transactions on Costa del Sol are particularly exposed to cross-border money laundering risks, requiring thorough verification and risk assessment.
At CostaAML, we specialize in EDD solutions tailored to the real estate sector on Costa del Sol. Our services help agencies verify source of funds, beneficial ownership, and politically exposed persons (PEPs) to prevent financial crime and ensure full compliance with Spanish AML regulations.
Why EDD is Crucial for Costa del Sol Real Estate
✔ High-Risk Client Screening – Identifying and assessing PEPs, sanctioned individuals, and HNWIs, particularly those from high-risk jurisdictions.
✔ Source of Funds & Wealth Verification – Ensuring buyers' and sellers’ funds come from legitimate, traceable sources, especially for cash-based transactions and luxury real estate deals.
✔ Beneficial Ownership Identification – Conducting deep-dive investigations into corporate structures, offshore companies, and real estate investment entities.
✔ Cross-Border Transaction Monitoring – Reviewing international property deals and high-value transactions involving foreign clients.
✔ Regulatory Compliance & Risk Mitigation – Helping firms meet obligations under EUAMLD, Ley 10/2010 & Real Decreto 304/2014, reducing exposure to financial crime risks and regulatory penalties.
Complete EDD delivered from EUR 500
