Buying Property in Spain in 2026: What Foreign Buyers Should Know

Whether you're dreaming of a Mediterranean villa, a seaview apartment, or a new build project near the coast — Spain remains one of the most attractive property markets in Europe. And if you're considering Moraira or the northern Costa Blanca, you're not alone.

At Moraira Invest Group, we’ve helped international clients navigate the Spanish buying process for over 30 years — and this guide will walk you through everything you need to know to buy with clarity and confidence.

Can Foreigners Buy Property in Spain?

Yes — absolutely.

Foreigners, including non-residents, can legally buy property in Spain. In fact, a large percentage of buyers in areas like Moraira, Altea, and Jávea are from outside Spain. There are no restrictions on foreign ownership of residential property, and the process is surprisingly straightforward with the right guidance.

What you’ll need:

• NIE number (Número de Identificación de Extranjero) – Continue reading about how to get your NIE in Spain

• Spanish bank account – Here’s how to open a Spanish bank account

• A trusted real estate agent and possibly a lawyer to handle paperwork and due diligence

Can Non-Residents Buy Property in Spain?

Yes — even if you don’t live in Spain, you can own a property here.

Most of our buyers are non-residents. Whether you're buying a second home, an investment property, or planning for future relocation or retirement, we’ll help you navigate the process smoothly, even from abroad.

We often handle purchases where the client is only in Spain once — or not at all — before completion. With video viewings, digital signatures, and local representation, we make it possible.

Is Buying a Property in Spain a Good Investment in 2025?

Spain continues to be one of the most appealing real estate markets in Europe — and the Costa Blanca stands out for several reasons:

• Steady capital appreciation over the past decade

• High demand for holiday rentals in popular areas

• Lower cost of living than many European countries

• A stable market with international appeal and good liquidity

In 2025, buyers are more informed and selective than ever. Properties that are well-located, energy efficient, or newly built are seeing strong interest. Coastal towns like Moraira and Altea remain top choices among foreign investors — especially from the Netherlands, Belgium, Germany, and France.

The Buying Process in Spain (Step by Step)

1. Find the Right Property
   We help you shortlist options based on your needs, lifestyle, and budget — with honest advice and full transparency.

2. Get Your NIE and Open a Bank Account
   We guide you through this process and connect you with trusted legal partners if needed.

3. Make a Reservation or Deposit
   Once you choose a property, a reservation contract (and fee) secures it while legal checks begin.

4. Legal Due Diligence & Private Contract
   We ensure all paperwork is in order (title deed, licences, land registry, etc.). Then you sign a private purchase contract and pay the deposit (usually 10%).

5. Completion at the Notary
   This is the final step — signing the public deed (escritura) and receiving the keys. We’ll be right there with you.

Legal & Financial Aspects to Keep in Mind

Taxes and Costs:

• Transfer Tax (ITP) on resale properties: typically 10% in the Valencian Community.

• VAT (IVA) on new builds: 10%, plus 1.5% Stamp Duty (AJD).

• Notary and Land Registry Fees: around 1%–1.5% of the purchase price.

• Legal fees: usually 1%–2%, depending on the services required.

These costs are essential to factor into your budget when buying property in Spain.

Golden Visa:
Buyers investing €500,000 or more in Spanish property may be eligible for a residence permit. Ask us for personalised advice if you think this applies to you.

Financing:
Non-resident buyers can typically access Spanish mortgages of up to 60–70% loan-to-value (LTV). We can connect you with trusted mortgage brokers who work specifically with international clients.

Should You Use a Real Estate Agent in Spain?

The majority of properties for sale in Spain — especially in popular areas like the Costa Blanca — are listed through real estate agencies. And that’s often a good thing.

A professional agent can make the process much smoother by:

• Explaining the local property market

• Speaking your language (literally — most agents here are multilingual)

• Guiding you through the legal and administrative steps

• Connecting you with trusted local professionals

But not all agents are created equal.
Because regulation is still relatively light in Spain, it's important to choose a real estate agency with proven experience, a registered license (RAICV), and strong local presence. At Moraira Invest Group, we’ve been doing this for over 30 years — with a reputation built on trust, transparency, and results.

Common Mistakes to Avoid when buying property in Spain

• Underestimating costs: Always plan for 12–14% on top of the purchase price.

• Skipping legal checks: Work with verified professionals.

• Rushing the decision: Take your time — and lean on experienced agents who understand your needs.

Why Work With Moraira Invest Group?

We’ve been here for over 30 years — long before real estate became digital. That means we know every corner of the Costa Blanca North, and we’ve guided thousands of international buyers through every kind of situation.

What sets us apart:

• In-house marketing, professional property tours, and real-time buyer data

• A calm, honest approach with no pressure — ever

• Dutch roots, local expertise, and an international mindset

• Two offices (Moraira & Altea) working as one seamless team

Whether you’re buying remotely, relocating to Spain, or planning a long-term investment — we’re here to help you make the right move, at your pace.

FAQ: Buying Property in Spain as a Foreigner

Can foreigners buy property in Spain?

Yes. Both EU and non-EU citizens can legally buy property in Spain. All you need is an NIE (Número de Identificación de Extranjero), a Spanish bank account, and proper legal guidance. Read more about the NIE process here.

What are the costs involved in buying property in Spain?

In general, you can expect to pay around 12%–14% of the purchase price in additional costs. This includes transfer tax (10% in most cases), notary and registry fees, legal costs, and other expenses.

Do I need a Spanish bank account to buy a house?

Yes. A Spanish bank account is essential for paying taxes, utilities, and completing the property purchase. Here’s how to open one.

Is buying property in Spain a good investment?

Yes. Spain remains one of the most attractive real estate markets in Europe — especially along the Mediterranean coast. From consistent demand and rental income potential to quality of life and long-term capital appreciation, buying in Spain is not just a lifestyle choice, but also a smart investment when done right.

Should I use a real estate agent or buy direct?

Using a reliable estate agent gives you access to more listings, professional support, and local expertise. Just make sure your agent is officially registered (like us — RAICV 1533) and has a proven track record in the area.