Ultimate Guide to Buying Property in Spain As A Foreigner

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Hey Guys! Welcome, and in today’s video, we’ll discuss and share the Ultimate Guide to Buying Property in Spain as a Foreigner!

Spain is the most popular place for tourists in Europe. So, it's unsurprising that many people from other countries buy property there.
Foreigners from all over the world have dreams of buying a house in Spain. You can use it as your vacation home or permanently move to this friendly Mediterranean country. Alternatively, you can rent out your property to make money.
Foreigners might think buying a house in Spain is a long and complicated process, but it shouldn't be that way. Since this is a very important process, you'll need to know how to make a successful purchase.
Anyone from outside of Spain can buy a house there. Get your NIE number. This is the first thing you should do. It is the basic identification number that all foreigners must get when they enter the country.
When you decide to buy property in Spain, you should do so with your eyes open and after thoroughly analyzing the Spanish property market. If you know what to expect when buying a home in Spain, you can avoid some problems of moving your life overseas.
To help you, we have invited Marina Henestrosa from bureaucracy.es and Ortega Moreno. Ortega Moreno is a lawyer and a bar association member in Spain. He has 23 years of experience helping clients buy and sell properties in Spain.
Today, they will discuss everything you need to know about buying property in Spain. This includes Spanish property prices, legal steps, how to buy a property in Spain, and much more.
So, whether you're looking for an investment or holiday home or planning on relocating permanently, watch the full video to learn what steps must be taken when buying property in Spain.

▶️ Timestamp of today’s discussion:
00:00 How to buy property in Spain as a foreigner
01:02 Can anyone buy a property in Spain?
01:23 Can they buy a property without being in Spain with Power of Attorney
02:19 Can you buy it online or be here in person?
02:44 Do the foreigners need a tax number or identity number?
03:20 What else are the requirements to buy a property in Spain apart from the identity number?
04:29 The quick legal check of a property example
05:30 What happens if your client finds a property and its three floors?
08:38 Property tax in Spain
11:24 The golden Visa in Portugal is abolished, or they're raising it?
12:57 If anyone wants the Golden Visa, is it the right time to buy a property?
15:12 What are the mortgages or loans if a foreigner buys a property?
17:25 When anyone finds a property online, what are the steps to buy?
21:11 Timelines of actions to buying a property
22:02 The fees that a lawyer charges in Spain

▶️Things you need to buy a property in Spain:
• Get the NIE (Foreigner Identification Number)
• Private Contract
• Sign in front of the notary
▶️Bonus tip: Acquire a will before purchasing property in Spain.
▶️Remember: Lawyers are very expensive when we have problems on the table.
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