Spain is one of Europe’s most popular markets for foreign buyers, and there is no general restriction on non-residents owning property. The first practical step is identity.
Get your NIE
You need a Spanish foreigner ID number (NIE) to complete a purchase and pay taxes — worth arranging early.
Check the nota simple, then the escritura
Before committing, obtain a nota simple from the Land Registry to confirm ownership, charges and debts. The purchase completes in a notarial deed (escritura pública) and is registered at the Registro de la Propiedad.
Resale vs new-build taxes
On a resale, you pay transfer tax (ITP), which varies by region (often around 6–10%). On a new build, you pay VAT (IVA, typically 10%) plus stamp duty (AJD). When buying from a non-resident seller, a percentage of the price may be retained for their tax.
For foreign buyers
Off-plan deposits, community debts and regional taxes are common pitfalls. A verified Spanish colleague can obtain the NIE, run the nota simple, and review the contract before the notary.
Regional taxes and residency-linked incentives change — confirm with admitted Spanish counsel.