Heaven Homes · Luna Answers
Answered by Luna AI
Can foreigners buy property in Spain?
Yes. Spain places no restrictions on foreign property ownership — you do not need to be a citizen or resident to buy. You will need a NIE (Número de Identificación de Extranjero), a Spanish bank account, and a passport. Most international buyers complete the process in 6–10 weeks.
The Golden Visa programme based on €500,000+ property purchase closed to new applicants in April 2025. Foreign buyers today rely on the Non-Lucrative Visa, Digital Nomad Visa, or standard residency routes if they want to live in Spain long-term.
Typical closing costs: 10–13% of purchase price (transfer tax 8–10%, notary 0.5%, registry 0.5%, legal fees 1%).
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