How to buy an apartment in Spain? a guide for investors

Real estate investments in Spain, especially on the Costa del Sol, are becoming increasingly popular among Poles and Ukrainians. Why? Because it combines stable price growth, passive rental income, and the simplicity of the legal process due to Spain’s membership in the EU.

In this article, you will find out:

• What does the procedure for buying an apartment in Spain look like?
• How much can you really earn?
• What taxes should be taken into account?
• Why is the Polish Corps of Engineers coming to Hungary?

1. Why invest in Spanish real estate?

✅ Stable income: ROI up to 10% per annum for short-term leases

✅ High liquidity: Prices on the coast are growing – up to +30% over the past 2 years

✅ Opportunity to buy “on the plan” – cheaper at the start of construction

✅ Lending on the basis of Polish income – up to 70% of the cost

✅ Zero commission for the agent and full support in Polish

2. What does the process of buying an apartment in Spain look like?

Step 1: Search for an apartment (you can do it remotely via video)

Step 2: Reservation (€6-10 thousand)

Step 3: Signing the power of attorney to the lawyer

Step 4: Obtaining a Spanish tax number (NIE) and opening an account

Step 5: Signing the agreement with a notary

Step 6: Arranging the apartment, handing over the keys, starting the lease

All of this can be done remotely – without coming to Spain!

3. What are the taxes and expenses when buying an apartment?

📌 In general, you should count about 11-12% in addition to the cost of the apartment.

4. Apartment in Spain as an investment – ROI by example

💰 An apartment worth €350,000

📆 4 months of high season: 95% occupancy, €350/night

📆 8 months low season: €160/night

👉 Expected income – about €50,000/year

Payback period – 6-7 years

✅ Rental tax – only 19% (linear, no additional fees in Poland)

5. Loan for an apartment in Spain for foreigners

• Spanish banks are willing to finance Polish citizens
• Up to 70% of the cost based on Polish income
• Interest rate ~2.2-2.5%.
• No need for a residence permit or citizenship

📌 Only 30% of equity (~€105,000) is enough to start

6. The most popular locations for investment

🏖 Marbella

🏖 Estepona

🏖 Benalmádena

🏖 Torremolinos

🏖 Fuengirola

✔️ Apartments in gated complexes with swimming pools, gym, security

✔️ The price includes kitchen, bathroom, built-in furniture, air conditioning, parking

7. Common mistakes of investors

🚫 Working with multiple agents → chaos and duplication

🚫 Independent search is a waste of time

🚫 No lawyer → risk of losing the deposit

8. Can I resell the apartment before the construction is completed?

✅ Yes, with the help of cesji

But not all developers agree to this – it is important to discuss it in advance

🎯 Agent will help with marketing, price and documents

9. Live, vacation or rent?

More and more Poles:

• Combining residence in Spain and Poland (pół roku / pół roku)
• Work remotely from Costa del Sol
• Buy an apartment for rent with the option of “pobyty właścicielskie ” (reserve dates for themselves)

To summarize: why is it worth investing?

✔️ European market – stability and transparency

✔️ Support from a Polish-speaking lawyer

✔️ High yield and capital growth

✔️ Everything can be done remotely

✔️ Zero commission to the agent

📞 Want to buy an apartment in Spain but don’t know where to start?

Contact us to get a free consultation and individualised selection of properties.