Practical guide for foreigners who want to buy a house in Spain

Are you thinking about buying a house in Spain? This Mediterranean country is one of the favorite destinations for foreigners looking to enjoy the sun, gastronomy, and a relaxed lifestyle. But before taking the step, it is important to understand the legal, tax, and practical requirements involved in purchasing a property as a non-resident.

What should you consider before buying a property in Spain?

Here is a clear guide with the most important aspects:

• NIE (Foreigner Identification Number): It is mandatory to sign deeds and carry out any legal procedures in Spain.
• Opening a bank account in Spain: Necessary to pay taxes, services, and maintenance expenses.
• Hiring a lawyer: Ensures all documentation is in order and protects your interests.
• Additional costs: On top of the sale price, you must add between 10% and 14% in taxes and fees (VAT/ITP, notary, registry, etc.).
• Mortgage for foreigners: It is possible to obtain financing, but with different conditions depending on the country of origin and the bank.

If you want to reside or invest in Spain, this country offers stability, good infrastructure, and an excellent quality of life.

7 Advantages of buying a house in Spain as a foreigner

Spain is not only loved for its climate and gastronomy, but also for the ease with which European citizens and those from other countries can buy a house in Spain. Here are some reasons why so many international buyers choose this destination:

1. Mediterranean climate with more than 300 days of sun per year.
2. Wide range of homes by the sea, in rural areas, or in cities.
3. High-quality healthcare system and efficient public services.
4. Low cost of living compared to other European countries.
5. High return on investment in tourist or coastal areas.
6. Ease of renting the property if you don’t live there all year round.
7. Established international community in many regions.

Why choose B&L PROMOTIONS to buy a house in Spain?

At B&L PROMOTIONS, we specialize in helping international clients buy a house in Spain easily, safely, and without complications. Our multilingual team accompanies you throughout the entire process, from searching for the ideal home to signing the deed. What do we offer?

• Personalized and no-obligation advice.
• Clear information about taxes, procedures, and financing.
• Comprehensive management: legal, fiscal, administrative, and after-sales.
• Experience with clients from all over Europe.
• Selected properties in the best locations of Costa Blanca and Costa Cálida.

Do you have questions about how to buy a home in Spain? Contact B&L PROMOTIONS today and receive no-obligation guidance. We are here to help you fulfill your dream of buying a house in Spain.

• Our phone number: +34 966 764 040
• Email: info@blpromotions.com
• Physical offices at C/ Magallanes 18, Centro Comercial Rioja, Local 16, 03189 Orihuela Costa (Alicante), Spain