Buying property in Spain as a foreign investor can be an exciting move—but also one filled with risks if the legal process is not properly managed.
Here’s what you need to know before signing anything:
1. You don’t need to be a resident—but you do need a NIE.
The Número de Identificación de Extranjero (NIE) is mandatory for any property transaction. More info from the Spanish government here.
2. Due diligence is not optional.
We analyze the legal status of the property, debts, urban planning issues, or occupancy risks.
3. A private agreement is not enough.
Only a notarial deed (escritura pública) and its registration in the Spanish Land Registry fully protect your ownership.
4. Taxes and costs: more than just the sale price.
Expect 10–13% in additional costs (transfer tax, notary fees, legal fees, etc.).
5. Buying through a company? More compliance, but more flexibility.
We advise on the optimal legal structure depending on your tax residence and goals.
👉 Contact LV Legal Services to guide you through your real estate investment in Spain.
