WikiProperty

Golden Visa is a type of visa that provides residency for foreign nationals who purchase real estate valuing at least 500.000 Euros in Spain. Related Pages; Golden Visa

Any type of real estate is counted to apply for a Golden Visa including apartments, houses, commercial properties, and lands.

Anyone from any nationality who purchases property in Spain valuing at least 500.000 Euros is eligible to apply for Golden Visa in Spain.

Yes. Golden Visa also provides the work permit to its holders besides living in Spain.

Yes. You, your spouse, and children under the age of 18 can also benefit from Golden Visa with you.

The Golden Visa is initially issued for 3 years and can be renewed every 5 years thereafter.

Golden Visa holders can apply for a permanent visa after 5 years.

After 10 years of having a Golden Visa, you can apply for Spanish citizenship.

Yes. Golden Visa is designed for property buyers who want to reside in Spain. Related Pages; Golden Visa and Residence Permit

Golden Visa is a residence permit program in Spain that allows buyers who purchase at least 500.000 Euros worth of property. Another residency option in Spain for Non-EU citizens is the Non-Lucrative residence permit which suits those who do not want to work in Spain, but still move to this beautiful country, for instance, retirees. Besides, foreign nationals who reside in Spain for five years with these residencies are eligible to apply for a long-term residence permit. Learn more about Residence Permit in Spain.

Anyone who is financially sufficient to bear his/her expenses during the residency period can apply for a Non-Lucrative residence permit in Spain. Related Pages; Residence Permit

Applicants must have the financial means to pay their expenses in Spain during the visa period. Non-Lucrative visa holders cannot carry out any economic activities in Spain.

The non-lucrative residence permit is given for a year initially. At the end of the first year of the residency, it can be renewed for two years and the renewal can be done twice.

If you reside in Spain with any type of residency for five years, you can get a long-term residence permit.

Yes. People from all nationalities can buy real estate in Spain. Spain promotes foreign investors to make their investments in this beautiful country. Related Pages; Buying Real Estate in Spain

There is no restriction for any particular nation to buy properties in Spain. People from all nationalities can buy real estate in Spain. To buy a property in Spain, first, you need to open a bank account. For this, you need to have valid proof of income and you need to fill KYC (Know Your Customer) and AML (Anti-Money Laundry) documents.

Yes. You can share a property with other people in Spain and this is legally shown on title deed papers.

To do this, one party must sell his/her share to the other. The transaction is the same as buying a property.

If your children are under the age of 18, they can not have a title deed on their names.

Yes. Property owners in Spain pay annual property tax that is named IBI. The figure to be paid is calculated based on the property value which is affected by several variables that include the type, size, and land classification of the property, proximity to services, and infrastructure.

Yes. From the simplest key holding service to maintaining and renting services, there are many professional property management companies in Spain.

Most of the services and costs are relatively low in Spain comparing to other European countries. The total cost of maintaining a house depends on the property, property size, and features. Prices may also vary between different locations in Spain.

When looking to buy property in a foreign country, you will no doubt have many questions coming to your mind. First of all, you should find a professional real estate agent. A good real estate agent will answer all your questions and guide you throughout the entire process from choosing the right location to preparing documents. You can also work with a solicitor to get legal support in the process since you are in a foreign country where you probably do not speak the local language and do not know the regulations and customs.

Real estate investors who prefer Spain gain a good return on their investments. Spain offers affordable property prices and good returns together. Being the 2nd most visited country in the world, and the first one to spend retirement, Spain has a lot of potential real estate market. Related Pages; Is Investing in Spanish Property a Good Idea?

Mainly overseas property buyers, are seeking what they don’t have where they are living. Spain draws the attention of international buyers and holidaymakers with sunny and mild climate, modern and quality lifestyle, peaceful society, cheap cost of living, delicious cuisine, its profitable property market, and many other reasons. Besides, property purchasing is a very easy process in Spain when compared to other countries. Related Pages; Why Choose Spain to Buy a Property?

During the construction period generally, the buyer pays up to 30-40% of the price. The rest will be paid during the title deed delivery. As Spain has a developed mortgage market for international buyers, mortgage options are very favorable to pay in monthly installments. Spain Homes ® works with the best construction companies in Spain to offer you solutions. Some construction companies offer installment options on off-plan properties for a maximum of 2 years.

Although it is not an obligation, we recommend you work with a lawyer while buying a property in Spain. Besides protecting your rights and providing legal advice, a solicitor can make the process more comfortable for you by carrying out the official works on your behalf if you hand them a power of attorney. Related Pages; Legal Support

Depending on the soonest vacant appointment time at the notary public, property purchasing lasts between 5 and 10 days including viewing tour, document preparation, and Title Deed Transfer. If you apply for a mortgage, this process will take 30 to 60 days.

No. You do not need a residence permit to buy property in Spain. Related Pages; Residence Permit

Yes. You can choose the best properties matching your wishlist with our local expert team and have an online viewing tour. After you choose your property, all legal procedures can be completed by your proxy with a power of attorney. Our famous TeleProperty service is a tailor-made service for such situations. We have completed many property sales over the phone and posted the title deeds to the home addresses of our happy customers. Learn more about TeleProperty

If it is not an off-plan property, you will receive your keys following the title deed conveyance and you can start living in your new house whenever you wish. Keep in mind that you need to get your first occupancy license and utility subscriptions to fully enjoy the features of your home.

Yes. You do not need to keep your property for a certain period before selling it. You can resell your property even on the same day that you buy it. If you want to sell your property, please check our Sell Your Property page.

Yes. You can rent out your property.

Banks operating in Spain have different account options for different purposes. Spain Homes ® helps its customers open a bank account in Spain as a free after-sale service. After deciding the account type of your need and preparing the required documents, we help you open your bank to make it a comfortable process for you. Related Pages; Open A Bank Account

Required documents to open a bank account in Spain are; a valid passport, foreigners’ ID number (NIE - Número de Identificación de Extranjero or TIE-Tarjeta de Identidad de Entranjera), a document to prove your residential address (a utility bill or an official letter from a government agency), for non-EU citizens proof of income or last tax return.

Yes. Foreigners can open non-resident bank accounts in Spain.

No. Spain attracts attention with its low cost of living among Western European countries.

Yes. Foreigners can get a mortgage from Spanish banks. Related Pages; Mortgage in Spain

Foreigners can get up to 70% of the sales price of the property as a bank loan in Spain. And the rate is up to 80% for the Spain residents.

Required documents upon mortgage loan application are as follows;
• Detailed information about the property
• Your NIE number and passport copy
• Official documents to declare your financial and tax situation
• Bank account statement
• Other real estate titles if you have in Spain
• Actual residence address

Yearly property taxes, known also as IBI Property Tax, depends on the regional cadastral value. For a flat valuing 100.000 Euros, IBI property tax is around 400 Euros annually.

As in almost all countries, there are some additional costs of buying real estate in Spain in addition to the property price. These are VAT (IVA), property transfer tax (ITP) and stamp duty your legal documentation tax (AJD), and notary fees. In the case of using a mortgage, there will additional costs to be paid. Read more about Property Purchasing Costs

When compared to other countries in Europe, property maintenance costs are relatively low. Depending on the property, it may vary between 100 and a few hundred Euros a year. Related Pages; Costs to Maintain a House

You can use your bank smartphone applications to pay your utility bills. Besides, you can make automatic payment orders for your bills, which is more convenient for you.

We consider the property purchasing process as a whole with all related works coming before and after the title deed conveyance. In this respect, we offer our clients before and after-sale services which include all steps of buying a property in Spain such as opening a bank account, getting an NIE number, and real estate valuation. Learn more about our Services.

Our company does not charge you for our after-sale services.

No. However, if you are buying a property with a mortgage, you will be asked for an appraisal report. Related Pages; Real Estate Valuation

We introduce you to an experienced lawyer who speaks your language if you demand. Related Pages; Legal Support

If demanded, we arrange an appointment with an English-speaking architect for the decoration of your home.

Yes, we arrange everything for the title deed transfer to make it a smooth process for you.

Buying a property in a foreign country is a complicated task especially if you do not know the regulations, customs, and local language in that country. Even if you can find the right property yourself for your purpose, you will have to deal with many official works. To finalize the process, you will need a lot of knowledge and experience. So, why not take advantage of the experience of local experts who have already completed this process many times before? A good real estate agent will ensure you get your title deed without any failure and you don’t waste your savings.

Spain Homes ® is a professional international real estate company that has a lot of experience in the Spanish property market. We serve in more than 20 languages. In other words, we speak your mother tongue, understand your expectations and inform you clearly at every step. We offer our customers a smooth property purchasing process, “Zero Failure” and the best price guarantee. See our Company Profile

We have all kinds of properties for sale in Spain in our portfolio; apartments, villas, lands, and commercial properties. You can navigate easily on our website to find your dream property by using smart filters.

Our sales contracts are prepared by lawyers in accordance with Spanish property law. As a professional real estate company, we act as a referee between buying and selling sides to ensure that both parties’ rights are protected. All terms of the agreement are written into the sales contract, and this helps the parties claim their rights in case of any dispute.

TeleProperty is one of our services that makes buying a property remotely easy and secure for buyers. In short, buyers choose their property remotely thanks to our streamlined visual property tours and all other steps are completed by our professional team with a power of attorney. When the title deed conveyance is finalized by our team, we post your title deed to your home address wherever you reside in the world. Ultimately, you have a new property in Spain even without visiting the country, just by sitting on your couch and using your mobile devices.

When buyers can no travel soon due to their busy work schedule or another reason, they prefer buying a property remotely. Sometimes they do not want to miss an opportunity for a good investment and sometimes available options in a nice project are sold out very quickly. When the buyers find the right properties matching their needs or find the best possible price, they also prefer buying over the phone. We have completed many property sales over the phone with our TeleProperty service successfully.