How to buy a house in sunny Spain - guide

Spain is a popular place where people buy real estate property because of many reasons. The country receives a lot of sunshine compared to other European countries, cost of living is reasonable and there are many things you can do. In short, you can have that relaxed and healthy way of life whether you are looking for a place to retire or a holiday spot. Find out how to buy a house in Spain so you can have that dream property you are looking for.


There are definitely many places in Spain where you can buy a house such as Minorca, Mallorca, Ibiza, Formenta, and Marbella. You can also buy a house in cities such as Valencia and Alicante.

Here are tips how to buy a house in Spain:

  • Find a local lawyer

Talk to a local lawyer who can help you buy property in Spain. It would be better if that lawyer can talk Spanish and English for a good grasp of local property laws.

  • Get a fiscal number or the 'numero de identificacion de extranjeros'

The fiscal number is the equivalent of a personal identification number for Spaniards. You need this to buy, sell and insure property.

  • Sign a reservation contract

Once you have found a property you would like to buy, the usual process is to sign a reservation contract and pay a small fee. The fee covers taking off the property in the market for at least 30 days.

  • Do a background check

During this grace period, legal checks will be carried out on the property including titles and cadastral surveys. It will also ensure there are no mortgages or legal proceedings against the property in question.

  • Draw a contract of sale

After this, a contract of sale or the 'escritura de compraventa' will be drawn up. The contract of sale will contain provisions when the stage payments will occur in cases of houses which are to be constructed. 10% of the purchase price will constitute the first payment and is non-refundable. If you are buying a resale property, the process remains – you pay a non-refundable fee of 10% which will serve as a deposit and other details such as the payment schedule.

  • Pay the fees and taxes

You need to pay various fees and taxes associated with the purchase. When all fiscal obligations are met, you should then register the property at the Land Registry.

Calculate costs

Although Spain is still relatively a cheap place in Europe to buy real estate, you must remember to calculate your costs well to avoid surprises. Realistically, allow from 10 to 14 percent on top of the purchase price to cover taxes and other administrative fees. If you know how to buy a house in Spain, you don’t have to shell out unnecessary amounts just to have your dream house.

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