how to buy property in spain

1Answers

DeDakota

11/28/2025, 06:57:25 AM

To buy property in Spain, first obtain a Número de Identificación de Extranjero (NIE), open a Spanish bank account, and then find a property and make an offer. After your offer is accepted, sign a reservation contract, conduct due diligence, and secure financing if needed. Next, you'll sign a pre-purchase contract (Contrato de Arras) with a 10% deposit, followed by the final public deed of sale before a notary, where you'll pay the remainder of the price. The property must then be registered in the Land Registry.

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