Residential properties for sale in Spain page 668

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Frequently asked questions about property for sale in Spain

Yes, foreigners are allowed to buy real estate in Spain without resident status. The purchase requires only the passport of their state and the identification number of the foreigner, which can be obtained at the Spanish consulate.
Yes, all foreigners have that right. In most regions of the country, tourists will need to obtain a special tourist license for housing. The owner also needs to pay a tax of 24% to 45% of the annual rent amount.
The cost of sq. meters varies from 1000 to 5000 euros depending on the location of the house or apartment. In the elite areas of Madrid and Barcelona property prices in Spain can reach 10,000 euros per square.
Properties in Madrid, Barcelona and Valencia are in high demand. Fans of holidays prefer to buy property in Spain in Ibiza, Majorca and Tenerife.
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