I’m a Foreigner. 🇬🇧How to buy a house in Spain?🏠Very easy with us

“We can help you, in all the procedures with our specialised advice on tax issues. If you have not found exactly what you are looking for, we will find you the property that suits your needs, without worrying about anything else. You just have to choose your ideal house and have the ability to buy.”

In Spain, the price of housing in the capitals is much lower than in the rest of Europe, it can even be up to four times lower. That’s why many foreign buyers decide to invest in housing in Spain. The economic effort for them is much less than for Spanish buyers.

In addition, the profitability of housing in Spain is currently around 6.5% according to data from the Bank of Spain, so it is a very attractive investment. Needless to say, the location, the climate of the peninsula, its wide area of beaches and imposing nature and its excellent quality of life make Spain one of the favourite destinations to establish residence, acquire a holiday home or for real estate i


Keep in mind that procedures may change over time, so it is important to consult with a lawyer or a real estate expert in Spain for updated and specific information.

Steps for a foreigner to buy a house in Spain:

1. Obtain a Foreigner Identification Number (NIE): Before making any real estate transaction in Spain, a foreigner must obtain a NIE. This number is used for tax and legal purposes. It can be requested at a local police station or at the Spanish embassy or consulate in your country of origin.

2. Find a property: Find the property you want to buy. You can do it through real estate agents, real estate websites, or through classified ads.

3. Reservation and deposit contract: When you find a property, you can make a reservation and sign a deposit contract with the seller. This contract usually requires a deposit, which can be around 10% of the purchase price. Make sure that the deposit contract is clearly drafted and establishes the conditions of purchase.

4. Financing: If you need financing for the purchase, you can apply for a mortgage at a Spanish bank or at an international bank. It is important to note that banks may require a significant initial deposit and evaluate your ability to pay.

5. Due Diligence: Perform a thorough due diligence on the property to ensure that there are no legal problems, charges or other issues that may affect the purchase.

6. Deed of sale: Once everything is in order, the deed of sale will be carried out before a Spanish notary. Both the buyer and the seller must be present or have a power of attorney.

7. Taxes and expenses: You must pay the Property Transfer Tax (ITP) or the Value Added Tax (VAT), as appropriate, in addition to other expenses such as the Documented Legal Acts Tax (AJD) and the notary's fees and the property registry.

8. Property Registry: Once the deed of sale is signed, you must register the property in your name in the corresponding Property Registry.

9. Change utility bills: Be sure to change utility bills and other expenses related to your name.

10. Comply with tax obligations: As a foreign owner, you will have to comply with tax obligations in Spain, including the payment of Non-Resident Income Tax.


Remember that this is a general summary and that the details may vary depending on your nationality, the location of the property and other factors. It is always advisable to have the advice of a lawyer or specialised real estate advisor to ensure that everything is done correctly and in accordance with current Spanish laws.

Spain is a country with a climate and a way of life that attracts many people from other countries. It is not strange that they look for a corner in it to acquire a home in which to spend seasons or even in which to enjoy their retirement. Buying a home in Spain if you are a foreigner is an easier process if you know beforehand what to do.

Advice from the bank «caixabank»:
Proceso para comprar una vivienda en España si eres extranjero

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