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Purchase Guide

Complete guide to buying property in Spain

Step by step

How to Buy Property in Spain?

1

Search

Browse property offers on our site or contact our experts

2

Viewing

Book a visit and view selected properties in person or online

3

Reservation

Reserve the selected property by paying a reservation deposit

4

Finalization

Signing the deed and handing over the keys

Documents

Required Documents

Documents needed to buy property in Spain

Individuals

  • Passport or ID card (NIE)
  • NIE number (foreigner identification number)
  • Current bank statement
  • Tax clearance certificate

Companies

  • Company deed (escritura)
  • Commercial register extract
  • Spanish TIN (CIF)
  • Power of attorney for representative
Costs

Purchase Costs

Learn about all costs associated with buying property in Spain

Cost Type Secondary Market Primary Market
Property Transfer Tax (ITP) 8-10% -
VAT (IVA) - 10%
Notary 600-900 € 600-900 €
Translations 200-400 € 200-400 €
Property registration 350-500 € 350-500 €
Agency fee 3-5% 3-5%
Total (approximate) 12-15% 14-18%
Financing

Mortgage in Spain

Learn how to get a mortgage for property purchase

Requirements

  • Valid identity document (NIE/passport)
  • Proof of income (employment contract/bank statements)
  • Own contribution minimum 20-30%
  • Credit history without arrears

Bank Offer

  • Financing up to 80% of property value
  • Loan term up to 30 years
  • Interest rates: EURIBOR + bank margin
  • Possibility of loan insurance

Need help with mortgage? Our partners will help you in the process!

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Need Help?

Our experts will help you throughout the property purchase process

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