Plenty of residents of the UK and Northern Europe are discovering that purchasing property abroad is an attainable and desirable goal. With a drop in the cost of air fares, interest rates in Europe getting lower, and the property itself offering capital growth, countries like Spain have become more tempting to potential buyers. Spain offers short air travel time, outstanding sunshine and plenty of potential growth. If you’re willing to disregard bad press and follow some basic rules it can be very safe to buy in Spain. Here is your basic buyers guide for purchasing real estate in Spain:


  • Get your finances together before you do anything else.
    An spanish mortgage can steer you through the complex procedure

  • Take expert legal advice before you sign on any dotted lines.

  • To save yourself from becoming financially strapped, you should spend wisely and frugally.

  • Be ready in case deadlines are extended.

  • Don’t trap yourself into a contract until you have money ready.

  • The Spanish purchase process is not the same as it is in the UK and other places

  • Make sure you completely comprehend how taxes are incurred depending on the type of ownership status you choose If you don?t seek expertadvice


Foreign buyers can run into trouble when engaging in local business transactions, finding that they do not get the results they expected or wanted. Misunderstandings arise because the buyers failed to do their homework, or at least to ask the correct preliminary questions. Before you sign a contract, you need to think about the next few questions, and others that you may have:



  • Is the property’s land pastoral or urban? What complications can come from purchasing land that is rustic.

  • What costs will need to be taken into account, such as typical attorney’s fees and taxes?

  • Are there any licenses in place, such as building licenses or first licenses of occupancy?


  • Did you purchase this product directly or was it a cessation of contract?

  • In this specific purchase, will any be under declaration?

  • Are you responsible for any additional costs such as, capital gains, inheritance, wealth or income taxes?

  • Do any deposits need to be paid? When in the process are refunds no longer possible?

  • What other attorney fees and additional legal expenses will be incurred?