Useful Links to Buy a Villa in Spain in 2025 + Bonus FAQ

Here are some frequently asked questions (FAQs) to assist you in navigating the process of purchasing a villa in Spain in 2025:

1. What is an NIE, and why do I need it to buy property in Spain?

The NIE (Número de Identificación de Extranjero) is a Foreigner Identification Number required for any significant financial transaction in Spain, including purchasing property, setting up utilities, and filing taxes. It serves as a unique identifier for foreigners engaging in economic, professional, or social activities in Spain.

2. How can I obtain an NIE?

You can apply for an NIE at the Spanish consulate in your home country or directly in Spain at a local police station. The application process typically requires:

• A valid passport
• A completed application form (EX-15)
• A stated reason for the request (e.g., property purchase)

Processing times can vary from a few days to several weeks.

3. Where can I find the EX-15 application form and guidance on completing it?

The EX-15 form and guidance are available at the following links:

• Official EX-15 Standard Application Form (PDF)
  
• English Guidance for the EX-15 Form
  
• Additional EX-15 Resources
  
• EX-15 Translation & Step-by-Step Guide (Luxinmo)
  

4. What are the requirements for opening a bank account in Spain as a non-resident?

To open a bank account in Spain, you will typically need:

• Your NIE
• A valid passport
• Proof of employment or income
• Possibly proof of address

It’s advisable to research different banks and their services to find one that best suits your financial needs.

5. How can I verify the legal status of a property before purchasing?

Before purchasing a property, it’s essential to conduct legal checks and due diligence, including:

• Property Registry Check: Request a “nota simple” from the local Property Registry to verify that the property is free of debts, liens, or encumbrances, and that the seller has the legal right to sell it.
  
  
• Zoning and Urban Planning Compliance: Confirm that the property complies with local zoning laws and planning regulations, especially for new constructions or rural properties where restrictions may apply.
  
  
• Property Inspection: Although not legally required, it is strongly recommended to hire a professional inspector to assess the physical condition of the property. This can reveal potential structural issues, problems with utilities, or concerns related to the land.
  

6. What taxes and fees should I be aware of when buying property in Spain?

When purchasing property in Spain, be prepared to cover various taxes and fees, including:

• For New Properties:
  • VAT (IVA): 10% of the purchase price
  • Stamp Duty (Impuesto de Actos Jurídicos Documentados – AJD): 1.2% of the purchase price
    
• For Resale Properties:
  • Transfer Tax (Impuesto de Transmisiones Patrimoniales – ITP): 7% (this may vary by region)
    
• Additional Costs:
  • Notary Fees: Approximately 0.5% to 1% of the purchase price
  • Property Registry Fees: Between 0.5% and 1%
  • Legal Fees: Typically around 1% of the purchase price

Given the complexity of these processes, hiring a lawyer specialized in Spanish real estate law is highly recommended.

7. Where can I find official information on property registration and taxes in Spain?

For official information on property registration and taxes, refer to the following resources:

• Property Registry & Related Documentation:
  • Sede Electrónica de los Registradores de España:
    https://sede.registradores.org/
  • Colegio de Registradores de España:
    https://www.registradores.org/
• Spanish Tax Agency (Agencia Tributaria):
  https://www.agenciatributaria.es/

Note: Some of these websites may primarily be in Spanish; consider using browser translation tools if needed.

8. How do I transfer utility services after purchasing a property?

After purchasing a property, ensure that all utility services (electricity, water, gas, etc.) are transferred into your name and properly set up.

Steps:

• Contact the local utility providers to arrange for service transfers.
• Confirm that all services are activated under your ownership prior to moving in.

By following these steps and utilizing the provided resources, you can confidently navigate the process of purchasing a villa in Spain, ensuring a smooth and legally secure transaction.