Frequently asked questions

Yes. You will need an NIE — a foreigner's identity and tax number — to present to the notary and to pay taxes, and a Spanish bank account to transfer funds for the purchase. Your lawyer can make the NIE simple, and we can arrange the bank account for you.

Fees and taxes on a purchase are generally 12–14% of the property price, depending on the region of Spain. They include the purchase tax, notary and property registry fees. Contact us and we can give you a full quote for a specific property.

We advise that you do. Ownership and any outstanding debts on the property need to be checked thoroughly in the Land Registry, and you should not sign the private purchase contract until a lawyer has explained it. Our legal specialist can guide you through every legal step, and we charge no legal fees.

Once the seller accepts your offer in writing, you pay a deposit — in most cases 10% of the price — and a private purchase contract binds both sides. Near completion your lawyer checks nothing is owed on the property, then the deed (escritura) is signed before a notary, the balance is paid and you receive the keys.

Yes, through our partner brokers. Non-residents can typically borrow up to 70% of the property value, rising to 75% with select lenders; Spanish tax residents can borrow up to 80%. Allow the bank about a month to approve the loan and value the property.

No. Our currency exchange specialist helps you get a competitive rate, and we charge no currency exchange fees.