Savills - Flipbook - Page 66
Can anyone
buy a property
in Spain?
In theory, anyone can buy a property
in Spain. However, how you buy the
property and how long you can reside
in the property each year does vary
according to your nationality.
Nationals of the European Union (EU) can
purchase property, work, visit or reside in
their property without restriction in Spain.
Non-EU nationals are also encouraged and
eligible to buy property in Spain, however
there are more restrictive conditions in
terms of borrowing, employment,
residency and visitation rules. Typically,
non-EU nationals are only permitted to
spend 90 days in any 180-day period
within the Schengen area. They are also
not permitted to work without a suitable
Visa. There will also be different taxation
and mortgage terms applicable which are
worth exploring before starting your
property search.
We suggest consulting with a reputable
lawyer before buying a property, so you
fully understand the conditions specific to
your nationality.
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