Buying a Property in Spain

Spain has practically no restrictions on the ability of EU citizens and EU-based legal entities to buy property and there are no legislative restrictions applicable to foreign buyers. In order to have the title transferred into your name, you will need to obtain a Spanish tax ID number (NIE). The notarial record on the ownership of the property (escritura de compraventa) serves as proof of ownership. Real Estate Broker’s Commission: 3 % (+VAT).