Spain
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ENTRY FROM
€200 000
Residential and service real estate, commercial landmark
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YIELD
4–6%
approximately, before taxes and expenses
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RESIDENCY
There is no automatic option
Investor visas were discontinued as of April 3, 2025
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CALCULATIONS
EUR
NIE, AML/KYC, and the source of funds are verified in advance
Why Spain
A large and diversified market driven by local buyers, international investors, expats, students, and the tourism sector. Liquidity varies depending on the specific city, neighborhood, and type of property.
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Registration of Rights
Rights and encumbrances are verified through the Registro de la Propiedad.
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Different Lease Models
Long-term, seasonal, vacation, and short-term rentals—the rules vary by region.
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The European Currency Environment
Payments are made in euros; non-residents must obtain an NIE and open a bank account in advance.
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The Big Market
Demand is driven by both local buyers and international investors—greater market depth
Types of Real Estate
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City Apartments
Madrid and Valencia — long-term rentals, corporate and student demand.
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Beachfront Apartments and Villas
Costa del Sol and Costa Blanca — Accommodations, Seasonal and Long-Term Rentals.
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Serviced Apartments
Centralized management—assignments, operators, and expenses are reviewed.
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Hotel Units
The legal model needs to be reviewed: a separate object, a share, or a contractual right.
Key Locations
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SELECTIVE
Madrid
Year-round demand from cities and corporations
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PRIORITY
Málaga / Marbella / Costa del Sol
The International Resort and Business Market
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PRIORITY
Alicante / Costa Blanca
A More Accessible Coastal Market
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PRIORITY
Valencia
Demand from city residents, students, and expats
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AFTER CHECKING
Barcelona
High Demand Amid Strict Rental Regulations
Taxes and Expenses
| Tax | Rate | Comment |
|---|---|---|
| New Construction | IVA + AJD | The AJD rate is set by the autonomous region |
| Secondary Market (ITP) | regionally | The rate and benefits depend on the autonomous region |
| Annual Property Tax (IBI) | municipal | Plus, there may be community fees, special assessments, and insurance |
| Sale by a Nonresident | 3% deduction | The buyer withholds 3% of the price as an advance payment of the seller's tax |
As of April 3, 2025, Spain will no longer issue new investor visas based on the purchase of real estate. The purchase of a property does not grant a temporary residence permit, permanent residence, or citizenship.
How We Help
The full cycle—from candidate selection to closing the deal.
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Property Selection
We compare the budget, the purpose of the purchase, the location, the tax burden, and lease restrictions.
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Legal and Technical Review
We coordinate with an independent Spanish abogado, gestor, and técnico to verify the Registro, Catastro, licenses, and debts
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Transaction Support
We coordinate the NIE, banking compliance, the “reserva,” the “arras,” notarization, and registration.
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Post-Purchase Support
We provide assistance with management, leasing, utility-related procedures, and tax compliance.
Profitability figures are approximate and do not guarantee specific results. Taxes and tourism requirements vary by autonomous region and municipality.