Property in Spain

Why Spain?

• Golden Visa closed — Since 3 April 2025 the investor residence permit through property (former threshold €500,000) is closed to new applications — Ley Orgánica 1/2025. (Source, last checked 2026-10-09)
• Transfer tax (ITP) — Resale: 6–11.5% depending on the region (Andalucía 7%, Madrid 6%, Valencia 10%, Catalonia 11%); new build: 10% VAT + AJD.
• NIE required — No general restriction for non-EU buyers; a foreigner identity number (NIE) is required.

Residence and visa programme

Golden Visa

• No new Golden Visa applications since 3 April 2025 (Ley Orgánica 1/2025); earlier applications continue under old rules.

Purchase costs

• ITP transfer tax (resale) (estimated (secondary source))
• VAT (new build) — %10 (estimated (secondary source))
• AJD stamp duty (by region) (estimated (secondary source))

Buying process

1. Needs and budget call — Clarify your goal (investment, residence, holiday home, relocation), budget and preferred area with our advisor.
2. Shortlist and viewing — View shortlisted properties in person or by video tour.
3. Obtaining an NIE — Obtain a foreigner identity number (NIE) before purchase.
4. Contract and payment — For resale, ITP is paid within 30 days.
5. Handover — An independent local lawyer should check title and contract before signing.

Frequently asked questions

Does Spain still have a Golden Visa?

No. New applications are not accepted since 3 April 2025 (Ley Orgánica 1/2025). Applications filed earlier continue under the old rules; permits already granted remain valid until expiry.

How much are purchase costs?

Resale: ITP 6–11.5% by region; new build: 10% VAT plus regional AJD. Choose your region in the calculator.