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Spain | What do I need to know when buying property in Spain? | Digital Nomad Exchange
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What do I need to know when buying property in Spain?

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Balcells Group Lawyers
Balcells Group Lawyers
Balcells Group Lawyers
Balcells Group Lawyers

When we asked expats what advice they would give a foreigner before buying a property in Spain, they said...

"- Familiarize yourself with the Spanish legal system and the relevant rules for purchasing property in Spain. - Obtain independent legal and financial advice to ensure that the process of purchasing a property is completed fully and correctly. - Contact a qualified Spanish real estate agent and research the area you wish to purchase in. - Ensure that you consider the costs which you may incur in buying a property, such as taxes and property transfer taxes. - Determine what type of ownership you wish to have and research if you require any permission or licences to purchase the property. - Make sure you check the title deed and any other documents of the property and ensure everything is in order. - Ensure that the property complies with local building regulations. - Ensure that you know what type of insurance you require for the property. - Make sure you have adequate funds available in both your home and local currency in Spain to pay for the property," remarked another expat who made the move to Spain.

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What do I need to know when buying property in Spain?

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About the Author

Joshua Wood Joshua Wood, LPC is one of the Founders of Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

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