🏠 Buying Property in Spain as a Foreigner

Everything You Need to Know

Are you a foreigner interested in buying a property in Spain? Whether you want to invest, relocate or simply own a second home in the sun, Spain welcomes international buyers, and the process is more accessible than you might think — especially with the right support.

At LuxRealCapital, we specialize in guiding foreigners like you through the entire process, including mortgage financing up to 95–100%, legal support, and full remote assistance.

Here’s everything you need to know before getting started.

📋 Legal Requirements for Foreign Buyers in Spain

The good news: you don’t need to be a Spanish resident to buy property.

However, there are a few basic legal steps you must follow:

✅ 1. Get a NIE (Foreigner Identification Number)

This is required for any property purchase in Spain. If you don’t have one, we can help you obtain it remotely.

✅ 2. Open a Spanish bank account

This is needed to pay taxes, utilities and to receive your mortgage if approved.

✅ 3. Sign a reservation contract

This contract removes the property from the market while the paperwork is processed.

🏦 Can Foreigners Get a Mortgage in Spain?

Yes. In fact, LuxRealCapital helps foreigners obtain mortgages with up to 95–100% financing, depending on your profile and the property.

You don’t need to live in Spain, and the entire process can be handled remotely.

We work with:

• EU and non-EU citizens

• Self-employed professionals

• Non-residents with income abroad

• Foreign investors and second-home buyers

🧭 Step-by-Step: How the Property Purchase Works

1. Property Selection

You choose the property, either on your own or with our assistance.

2. Reservation Contract

A small deposit is paid to take the property off the market (usually €3,000–€6,000).

3. Legal and Financial Review

We verify documents, do legal checks, and begin the mortgage process if needed.

4. Signing the Purchase Contract

A private sale agreement is signed, typically with 10% of the price as deposit.

5. Final Signing at the Notary

Once the mortgage is approved and the checks are complete, you’ll sign the deed and become the official owner.

Everything can be managed remotely, except the final signature, which must be done in person or via power of attorney.

⚖️ Your Rights as a Foreign Buyer

Spain guarantees equal rights for foreign property buyers. You’re protected by:

• National consumer and real estate laws

• Clear processes via notaries and registrars

• Legal recourse in case of fraud or misrepresentation

We ensure every step complies with Spanish law, and all documents are reviewed by experts.

💻 100% Online Assistance from Start to Finish

With LuxRealCapital, you don’t need to be in Spain to make your purchase happen. We manage:

• Mortgage application and negotiation

• Document translation and preparation

• Coordination with lawyers, notaries and sellers

• Final review and accompaniment until the keys are in your hand

✍️ Conclusion

Buying property in Spain as a foreigner is easier than you think — if you have the right team by your side. From legal formalities to high-percentage financing, we take care of every detail so you can invest with confidence and peace of mind.