Frequently Asked Questions about Buying Property in Spain
Safe Purchase – get Answers to your Questions
Buying property in Spain often raises many questions, especially if you are not a resident of the country. Here we have gathered answers to the most common questions we receive from our customers – everything from legalities and costs to viewings and remote purchases. With our help, the property purchase will be smooth, secure, and entirely on your terms.
Can I Buy Property in Spain as a foreign Citizen?
Yes, as a EU citizen you can freely buy a home in Spain. You do not need Spanish citizenship or a residence permit. The only thing you need is a NIE number (Número de Identificación de Extranjero), which acts as a Spanish tax number. We will help you arrange this as part of the purchase process.
How Long Does it Take to Buy a Property in Spain?
For resale properties, a purchase usually takes 4–6 weeks from when you pay the reservation fee. For new developments, the time varies depending on the construction status – it can take from a few months up to a year if the property is not yet completed. Legal checks, registration, and bank matters occur during this period.
Can I Buy Property in Spain Remotely?
Yes, you can buy a property entirely remotely. Many of our clients do so. We offer digital viewings, legal power of attorney via a notary, and the entire purchase process can be completed without you traveling to Spain. You receive continuous updates, and we ensure everything is done correctly and securely.
What are the Costs of Buying Property in Spain – beyond the Price?
In addition to the purchase price, approximately 11–13% in taxes and fees are added, depending on whether it is a new development or a resale property. These include VAT (IVA) or transfer tax (ITP), notary fees, registration, legal assistance, and any costs for connecting electricity and water. We provide you with a clear cost overview before the purchase.
Can I get a Mortgage in Spain as a Swede?
Yes, it is possible to get a mortgage in Spain as a Swedish citizen. Spanish banks usually grant loans up to 70% of the property’s value for non-residents. You need to show income, creditworthiness, and documentation – we guide you through the process and recommend reliable banks and loan brokers.
How Does the Property Buying Process Work in Spain?
The purchase process begins with a reservation where an amount (usually €5,000–10,000) is paid to take the property off the market. Then a legal check is conducted, a purchase contract is written, and registration and access occur at a notary. We handle everything together with experienced lawyers, so you avoid unnecessary stress.
Do I Need to Hire a Lawyer when Buying Property in Spain?
Yes, it is strongly recommended to hire a local, independent lawyer. They ensure the property is debt-free, review all contracts, prepare the registration, and ensure the purchase is legally secure. We have established collaborations with reliable lawyers who speak both Swedish and English.
Is it Safe to Buy New Developments in Spain?
Yes, but it is important to check the developer, building permits, and payment plans. Through us, you gain access to carefully selected new development projects with full transparency and secure legal review. We are with you every step of the way – from construction start to final inspection and moving in.
Contact
Niclas Wennerlöf
Tel: +46 709 63 40 95
Email: [email protected]
We at Nordic Home Spain have been helping clients buy homes in Spain for over 8 years. Here we answer the most common questions about the purchase process, laws, viewings, and remote purchases. Can’t find the answer to your question? Get in touch – we are here for you every step of the way.
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