July 13, 2025
In Spain, a lawyer is required when purchasing.
❌ Fiction – It is not legally required, but it is strongly recommended.
You always pay at least 10% in transfer taxes.
❌ Fiction – This only applies to existing homes; for new builds you pay 10% VAT.
Belgian buyers have a good reputation with sellers.
✅ Fact – Belgian buyers are known to be trustworthy and creditworthy.
People over 65 no longer receive a loan.
❌ Fiction – Age is not the only factor; repayment capacity matters.
Spanish banks lend up to 70% for non-residents.
✅ Fact – Often even slightly less, depending on the profile.
Buying with cash means no extra costs.
❌ Fiction – You only avoid the mortgage deed, but other costs remain.
Property registry registration takes months.
✅ Fact – It can take up to 6 months.
No translator is needed with the notary.
❌ Fiction – Mandatory if you don’t speak the language.
Building near the beach is allowed everywhere.
❌ Fiction – There are strict building rules along the coast.
The purchase grants the right to a residence permit.
❌ Fiction – Until recently this was possible for purchases from 500,000 euros (Golden Visa). But the last application was possible until April 3, 2025.
VAT on new builds is 10%.
✅ Fact.
Capital gains tax (Plusvalía) when selling.
✅ Fact – Depending on the increase in value.
Only fully legal properties may be sold.
❌ Fiction – Even partly irregular properties are sold.
A bank guarantee is required for new builds.
✅ Fact – Against promoter insolvency.
Only the seller’s notary is possible.
❌ Fiction – The buyer may request their own notary.
A purchase agent pays for itself.
✅ Fact – Through negotiation and legal advice.