Spain is one of the most popular destinations for people seeking a second home, a retirement under the sun, or a profitable real estate investment. However, buying property in Spain as a foreigner requires understanding several legal and administrative steps. In this guide, we clearly explain the legal process of buying a home in Spain as a non-resident.

Can a foreigner buy property in Spain?

Yes, any foreign citizen —whether resident or non-resident— can buy property in Spain. You don’t need EU nationality or a Spanish residence permit to make a real estate purchase, although you must meet some legal requirements, such as obtaining a NIE (Foreigner Identification Number).

Required documents to buy property

Before signing any sales agreement, you’ll need to prepare a few essential documents. Here’s what you need:

NIE (Número de Identificación de Extranjero)
This is your identification number in Spain. It is mandatory for any legal or financial transaction, including buying a house. You can apply for it.

Spanish bank account
You’ll need a Spanish bank account to pay deposits, taxes, and notary fees. It will also be necessary for utility bills and community charges once you own the property.

Valid passport or national ID
You’ll need to prove your identity with a valid document from your home country. EU citizens can also use their national ID card.

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The legal process step by step

1. Property search and reservation
Once you find the right property, it’s common to sign a reservation agreement with a payment of 5%–10% of the total price. This ensures the property is taken off the market while you complete the legal checks.

2. Signing the pre-sale contract (Contrato de arras)
This binding agreement outlines the terms of the sale. If you cancel, you lose the deposit. If the seller cancels, they must return double the amount.

3. Legal due diligence
Your agent or lawyer will check that the property is free of debts or legal issues, that it’s registered properly, and that there are no unpaid taxes or community fees.

4. Notary signing and key handover
The final step is signing the public deed before a notary. At this point, you pay the remaining balance (usually via bank cheque) and receive the keys.

5. Property registration
After signing, the notary will forward the deed to the Land Registry, where you will be officially recorded as the new owner.

Taxes and costs to consider

In addition to the property price, you should budget for:

• Transfer tax (ITP): 6%–10% for resale properties.
• VAT (IVA): 10% for new builds.
• Notary and registry fees: Around 1%–2%.
• Legal and advisor fees (optional but recommended).

Can foreigners get a mortgage in Spain?

Yes, many Spanish banks offer mortgages to non-residents. Typical conditions include:

• At least 30%–40% down payment.
• Proof of stable income.
• Translated and legalized documents.

It’s smart to compare offers or work with a mortgage advisor.

Why work with a real estate agency like Enjoy Benidorm?

Enjoy Benidorm helps international buyers through every step of the process:

• Personalized legal guidance.
• Help obtaining the NIE and opening a bank account.
• Access to exclusive properties in Benidorm and the Costa Blanca.

With the right support, buying a home in Spain can be simple and secure.

Your Real Estate Agency in Benidorm

Buying property in Spain as a foreigner is entirely possible and increasingly common. With the right information, proper documentation, and professional guidance, you can make your dream of owning a home under the Mediterranean sun a reality.

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