Buying property in Spain involves several important stages. After selecting a property, buyers typically sign a reservation agreement (1-2% deposit), followed by a private contract (10% deposit) once due diligence is complete. The final deed is signed before a notary, with full payment due at this stage.
Foreign buyers should verify property legality, including land registry checks and outstanding debts. A Spanish NIE number is required for all transactions. Notary and registration fees typically add 1-2% to purchase costs.
For a detailed breakdown of the buying process, visit
Spain-Real.Estate.