1. Can foreigners buy property in Spain?
Yes, foreign investors are fully permitted to purchase property in Spain. Whether you’re from the EU or beyond, at Green Villas Estate, we specialize in assisting international clients through every stage of the acquisition process, ensuring legal compliance and peace of mind from the outset.
2. What is the first step to buying property in Spain?
The initial step is obtaining an NIE (Número de Identificación de Extranjero), a tax identification number required for all property transactions. We facilitate this process for our clients, ensuring it is handled efficiently and without complication.
3. What additional costs should I expect besides the property price?
Buyers should budget approximately 10–13% of the property value for associated costs, including transfer tax or VAT, notary and registration fees, and legal services. At Green Villas Estate, we provide a clear and detailed financial breakdown so there are no unexpected expenses.
4. Do I need a Spanish bank account?
Yes, a Spanish bank account is necessary for handling payments, utilities, and other related transactions. Through our established relationships with local banks, we assist our clients in opening an account, simplifying this requirement.
5. Is financing available for international buyers?
Yes, many Spanish banks offer mortgage solutions to non-residents, typically financing up to 60–70% of the property’s value. Our team works closely with leading financial institutions to help you secure favorable terms suited to your investment goals.
6. What types of properties offer the best investment potential?
Investment success depends on your objectives. Our team conducts a detailed needs analysis to recommend carefully selected, high-performing properties — whether for holiday rentals, long-term leases, or capital appreciation. Each opportunity is tailored to your strategic vision.
7. Can I rent out my property when I’m not using it?
Yes. Spain's coastal regions enjoy strong rental demand, particularly for short-term stays. Green Villas Estate offers comprehensive rental management, including assistance with obtaining a tourist license and managing bookings, maintenance, and guest services.
8. How long does the purchase process typically take?
Once a property is selected, the full legal and administrative process generally takes 4 to 8 weeks. We oversee all aspects — from due diligence to final registration — ensuring efficiency, transparency, and professional oversight throughout.
9. Is it necessary to have legal representation?
Yes, and we highly recommend it. We connect our clients with trusted, bilingual legal professionals who work alongside us to ensure your interests are protected at every stage of the transaction.
10. Does Green Villas Estate offer property management after the purchase?
Absolutely. We provide end-to-end property management services, including maintenance, cleaning, guest coordination, and rental marketing. Our goal is to ensure your investment is both protected and optimized, while you enjoy complete peace of mind.