Housing price indices
Real estate transactions for new homes in Marbella
After a sharp drop in 2016, the purchase of new properties in Marbella has increased by 370%
Source: Ministerio de Fomento
Second-hand housing real estate transactions in Marbella
After the drop in 2020 due to the pandemic, the volume of second-hand property purchases in Marbella is much higher than that of new homes, which reflects the intense and constant movement in this segment of the market.
Source: Ministerio de Fomento
Average value of appraisals in Marbella per m2 in €
As seen in the chart, the price per square meter in Marbella has never stopped growing since 2014
Source: Ministerio de Fomento
To buy a home in Spain, non-resident foreigners must meet the following requirements:
To buy a home in Spain, non-resident foreigners must meet certain requirements. At Dubai2Spain we have professional advisors for each of these steps:
- Obtain a tax identification number (NIF)
- Open a bank account in Spain
- Obtain a public deed of sale
- Pay the corresponding taxes
Obtain a tax identification number (NIF)
The NIF is the tax identification number used in Spain to identify natural and legal persons. Non-resident foreigners must obtain a NIF in order to purchase property. At Dubai2Spain we can collaborate in this management.
Open a bank account in Spain
Non-resident foreigners can open a bank account in Spain to carry out financial transactions related to the purchase of the property.
Obtain a public deed of sale
The public deed of sale is a legal document used to transfer ownership from the seller to the buyer. This document must be signed before a notary public in Spain and registered in the Property Registry.
Golden Visa
Residence by Investment Overview Spain’s residence by investment program, also known as the Spain golden visa, allows foreign nationals to make a significant investment in the country and apply for an investor visa. Successful applicants and their families are granted visa-free access across Europe’s Schengen Area.
At Dubai2Spain we can expand on this information.