How to buy a property in Spain

23 Nov 2023

Spain is a very attractive destination for foreigners who want to buy a home, either as a main residence, second home or as an investment. Its climate, its culture, its gastronomy and its quality of life are some of the factors that seduce thousands of French and British buyers every year. However, buying a property in Spain is not a simple process, and it requires a series of steps and requirements that you should know. In this article we explain the main points to consider.

What do you need to know before buying a property in Spain?

Before you start looking for your ideal home in Spain, it is important that you take into account some legal, fiscal and financial aspects that may affect your operation. These are some of the most relevant ones:

You will need to obtain the NIE (Foreigner Identification Number), which is essential to carry out any real estate transaction. You can apply for it at the Spanish embassy or consulate in your country, or at the police station.
You will have to open a bank account in Spain to be able to pay the taxes, the notary fees, the registration fees and the price of the property. It is advisable that you compare the conditions and commissions of the different banks before choosing one.
You will have to pay a series of taxes and expenses associated with the purchase of a property in Spain, which will depend on the type of property (new or used), its value and the autonomous community where it is located. Among them are the VAT or the Transfer Tax, the Stamp Duty, the Wealth Tax, the Non-Resident Income Tax, the Property Tax, and the notary, registry, management and valuation fees.

If you want to buy a property in Spain, what type of home are you interested in?

If you want to buy a property in Spain, BUY IN SPAIN offers you a wide variety of properties for all tastes and budgets. From apartments on the beach, to villas in the countryside, through bungalows, duplexes, penthouses, chalets, rural houses, farms, etc. The important thing is that you choose the one that best suits your needs and expectations, and that you have a reliable real estate agency that helps you find it.

The Costa Blanca, the Costa Cálida and the Costa del Sol are the most demanded areas by British and French buyers to buy a house. Here you can enjoy:

a privileged climate, with more than 300 sunny days a year
spectacular beaches
delicious gastronomy
a varied offer of leisure and culture
an excellent connection with the main airports and cities of the country.

Our properties for sale in Spain are characterized by their quality, their design, their location and their price. We have new or resale homes, with different features and benefits.

Why buy a property in Spain with BUY IN SPAIN?

BUY IN SPAIN is a real estate agency specialized in customer service international, especially British and French. Our multilingual team is here to advise you when buying a property in Spain.

Our services include:

Personalized and professional attention.
Comprehensive management of the entire purchase process.
Legal, fiscal and financial advice.

At BUY IN SPAIN we want your dream of buying a property in Spain to come true, and that you do it with the maximum guarantee and satisfaction. We invite you to contact us and tell us what kind of property you are looking for.