The complete buyer's guide to property in Spain: from NIE to notary, what to expect at every stage, what it really costs and how to avoid the most common mistakes.
How buying works in Spain
Spain has a well-established legal process for property purchase. Most transactions complete in 6–10 weeks once your offer is accepted. You'll need an NIE, a Spanish bank account, a lawyer (always — never skip this) and a notary to sign the final deed (escritura).
Who can buy
There are no restrictions on foreigners buying property in Spain. EU and non-EU citizens have equal rights to purchase, finance and own.
The process in brief
Search → reserve (€3,000–€6,000) → due diligence → 10% deposit on signing the private contract (arras) → mortgage approval → notary signing → land registry → keys.
Step by step
Timeline
1
Week 1–2
Search & offer
- Define budget and area
- Visit shortlisted properties
- Make a written offer
2
Week 3
Reservation
- Pay €3,000–€6,000 reservation fee
- Property taken off market
- Lawyer begins checks
3
Week 4–6
Due diligence & arras
- Nota simple from land registry
- Debt and licence checks
- Sign arras contract + pay 10% deposit
4
Week 6–10
Mortgage & notary
- Bank valuation
- Mortgage approval
- Final balance paid at notary
- Receive keys