How to buy property in Spain: Complete guide for foreigners 2025 – steps, costs, and legal process?

Spain remains one of the most popular real estate markets for overseas buyers. With its incredible culture and Mediterranean lifestyle, alongside the potential for a good return on investment, Spanish real estate offers lifestyle and financial benefits. Whether it is a beachfront villa, an urban apartment, or a countryside getaway, Spain's property market has something for every buyer.

At DarGlobal, we create a luxurious lifestyle of Spain with properties such as the Tierra Viva, Design inspired by Automobili Lamborghini and the Marea, Interiors by Missoni. Our properties provide seamless integration of Mediterranean lifestyles and safe overseas ownership to global investors. However, if you want to purchase a property in Spain in 2025, we can help you know the complete process, cost, and top locations, so you can invest smartly.

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Key Takeaways

Foreigners can buy property in Spain easily, using a tax ID (NIE), passport, and proof of funds without any restrictions.
The buying process includes determining the budget, obtaining an NIE, due diligence, negotiating, signing contracts, and finally making the payment.
The total cost of acquisition is the purchase price of the property plus around 4%–8% additional charges for lawyer fees, agent, notary, and registration.
By buying a property valued at a minimum of €500,000, purchasers can have access to the 'Golden visa' and Spanish residency.
Some of the top areas to buy property in Spain are Marbella, Barcelona, and Valencia.

How to Buy Property in Spain: Key Insights

The Spanish real estate industry by the end of 2025 is expected to reach US$7.38 trillion in value, with the residential sector driving the growth at US$5.90 trillion. The growth is expected to continue at a rate of 2.73% annually until 2029 and will touch US$8.22 trillion.

Affordable house prices, massive returns on investment, and an energetic lifestyle in Spain make the country a great place for investors, but can you still buy property in Spain? Let's check!

Can a Foreigner Buy Property in Spain?

There are no particular restrictions for foreign buyers to purchase Spanish property. All you require is a Spanish foreign tax identification number (NIE), a passport or identity card, and finances.

How to Purchase a Property in Spain: Step-by-Step Process

The process of buying property in Spain is quite simple, but understanding every step will avoid delays or complications. Buying Spanish property does involve some paperwork, formalizing the agreements, and official registration, so preparation beforehand will make the process easier.

During the Sale Process

Upon deciding to purchase a Spanish property, extensive preparations are necessary both financially and legally.
Draft a budget, secure funds and open a euro-denominated account to handle transactions.
Obtain an official identification number (NIE) for foreign residents for completing ownership documentation.
Select a property and examine it thoroughly.
Hire legal counsel to navigate contracts, translations, and due diligence.
Finalize the pricing.
Sign preliminary and final sale agreements in the presence of a notary.

After the Sale

Hire vendors to refurbish or renovate your house.
Get all the supplies and utilities in working condition.
Arrange for shifting or hire a property manager to rent out your property.

Properties Under Construction: The Purchase Agreement

When buying an under-construction building, the sales contract outlines the developer's obligation to complete and deliver the property, and the obligation of the buyer to purchase on completion. The contract has to include detailed technical reports that define the property.

Developers take on the risk of commercialisation and construction, and purchasers are expected to make payment terms. Altering any contract should be done through agreement. This setup enables investors to purchase properties in the early stages, usually at favorable prices.

How Much Does It Cost to Buy a House in Spain?

In addition to the property cost, real estate buyers in Spain are expected to pay additional charges like:

Notary costs: 0.2% to 0.5% of the house price.
Property registration fees: By value and complexity.
Real estate commission fees: 3% to 6% of sale.
Legal fees: About 1% of the price.

Budgeting for them prevents you from incurring unexpected expenses during the process.

Is It Wise to Buy a Property in Spain?

Despite policy debates, Spain remains an excellent investment hub. But many people have one question in their minds “Are property prices rising in Spain?" There is high demand for property, especially in premium markets where prices keep on rising. Investors can also benefit from Spain’s luxury lifestyle, cultural richness, and easy traveling within the Schengen area.

Can I Live in Spain Full-Time If I Buy a Property?

Buying property in Spain can make you eligible for residency through the Golden Visa for an investment of at least €500,000. The visa gives a two-year renewable residence card with the possibility of becoming a resident in five years and a citizen in ten years.

Is It Possible to Buy a Property in Spain with Cash?

Buying property in cash in the full amount is not possible. The cash transactions are limited to a maximum of €15,000. The remaining amount has to be paid by bank transfer, which is secure and traceable payment.

How Long Does It Take to Buy a House in Spain?

The normal property buying process takes anywhere from two to four months, though it may extend to a year in some locations. The financing and property conditions also influence this time period. But with sound planning, good legal advice and partnering with property developers like DarGlobal can help speed up the process.

Where Should I Buy Property in Spain?

Spain’s prime locations each offer their own take on luxury living:

Marbella & Benahavís – Exclusive hilltop villas and seaside estates with breathtaking Mediterranean views.
Barcelona – A chic coastal city blending world-class culture, architecture, and waterfront living.
Valencia – A vibrant yet relaxed haven, where modern luxury meets historic charm.
Málaga & Alicante – Sun-soaked coastal gems offering refined living and welcoming international communities.
Seville & Murcia – Elegant cities steeped in history, offering distinctive homes in timeless settings.

In every one of these destinations, Spain turns property into a lifestyle and makes it feel like a home.

Conclusion

Buying property in Spain in 2025 remains a straightforward and rewarding process for international buyers. With no restrictions on foreign ownership, clear legal steps, and the added advantage of the Golden Visa for investments over €500,000, Spain continues to attract investors looking for both lifestyle benefits and long-term financial growth. Whether you’re considering a beachfront villa, a city apartment, or a countryside retreat, Spain offers a diverse property market that caters to every taste and budget.

To make the most of your investment, it’s essential to prepare in advance, understand the full costs, and work with experienced professionals who can guide you through the process. By doing so, you ensure a smooth purchase while securing a valuable asset in one of Europe’s most desirable destinations. With luxury developments from DarGlobal blending global design with Mediterranean living, now is the perfect time to explore opportunities and make Spain your new home or investment hub.

Frequently Asked Questions (FAQs)

1: Do foreigners pay more taxes on Spanish property?

No, foreigners pay the same property tax as residents in Spain. But non-residents have to pay Non-Resident Income Tax on rent income received, and other taxes may be applied based on the location and usage of the property.

2: What is the minimum investment for Spain’s golden visa?

If you want to be eligible for Spain's Golden Visa, you'll have to invest a minimum of €500,000 in real estate. It has to be free of mortgages and loans.

3: Can I rent out my property after purchase?

Yes, you can rent out your Spanish property, but you are bound by Spanish rental legislation. This includes acquiring required permits, following tenancy law, and paying proper rental income tax.

4: What documents are needed to buy in Spain?

To buy property in Spain, you need an NIE (tax ID for foreigners), a passport or ID, proof of funds, and signed contracts. You will require more documentation if you are applying for a loan or residence.

5: Can a UK citizen buy property in Spain and get residency?

Yes, as a foreigner, you can qualify for Spain's Golden Visa program if you invest a minimum of €500,000 in real estate. The visa provides rights of residence, which can ultimately become permanent residence and citizenship.