How to Buy Property in Spain: A Step-by-Step Guide for Foreigners (2025 Update)

Discover How to Buy Property in Spain

Buying property in Spain is an exciting decision, especially in sunny regions like Costa del Sol and Campo de Gibraltar. These areas offer a relaxed Mediterranean lifestyle, excellent year-round weather, and great potential for rental income or long-term investment. However, if you are a non-resident, the process can feel confusing. That’s where Deni Casa Real Estate comes in — to guide you every step of the way.

Step 1: Get Your NIE (Foreigner ID Number) When Buying Property in Spain

The NIE (“Número de Identidad de Extranjero”) is required for any property transaction in Spain. It is a personal identification number used for legal and tax purposes. Without it, you cannot purchase property, open a bank account, or set up utilities.

Tip: Deni Casa can help you apply for your NIE in Spain or at your nearest Spanish consulate abroad.

Step 2: Open a Spanish Bank Account to Buy Property in Spain

A local bank account is needed to pay taxes, utilities, and property costs. Most banks require:

• A valid NIE
• Passport
• Proof of income
• A deposit

Additionally, we assist clients with appointments and paperwork at banks that are foreign-buyer friendly.

Step 3: Define Your Budget Before Buying Property in Spain

Spanish banks usually offer mortgages covering 50–70% of the property price to foreigners. Therefore, knowing your budget in advance helps narrow your search. Also, don’t forget to factor in closing costs, which are about 10–15% of the purchase price.

Step 4: Choose the Right Location for Your Spanish Property

We focus on La Línea de la Concepción, Alcaidesa, San Roque, Sotogrande, and Manilva. Here, buyers can find properties near beaches, golf courses, and Gibraltar. Whether you want a modern apartment, a golf-side townhouse, or a family villa, our portfolio is constantly updated.

Step 5: Hire a Local Lawyer When Buying Property in Spain

Although not mandatory, hiring a trusted lawyer is highly recommended. They can perform due diligence, check legal titles, and ensure a secure transaction. We work closely with reputable English-speaking lawyers.

Step 6: Understand All Costs When Buying Property in Spain

Beyond the purchase price, consider the following:

• Transfer tax (ITP) or VAT (IVA)
• Notary fees
• Land registry fees
• Legal fees
• Bank and mortgage charges
• Annual property tax (IBI), rubbish collection, and community charges

By understanding these costs, you can avoid surprises later.

Step 7: Complete the Final Steps to Buy Property in Spain

Once due diligence is complete, you will:

1. Sign a private purchase contract and pay a deposit
2. Later, sign the public deed at a notary office
3. Have your name officially registered as the new owner

Finally, you can enjoy your new home in Spain with peace of mind.

Why Work with Deni Casa to Buy Property in Spain

• Multilingual support — guidance in multiple languages
• Local market expertise — we know Costa del Sol and Campo de Gibraltar
• Transparent advice — clear guidance on costs and processes
• Full assistance — paperwork, appointments, and property viewings

Let us make your dream of owning a home in Spain a stress-free reality. Contact Deni Casa with the details on our home page to start your journey today!