Professional legal due diligence ensures your total investment is protected throughout the buying process and beyond.

Our Spanish Property Services

Residential Property Investment

We assist Indian buyers in acquiring residential property across Spain’s most sought-after locations—from luxury apartments in Madrid and Barcelona to beachfront villas on the costa del sol and costa blanca. Whether you seek a holiday home, rental investment, or future retirement residence, our team identifies properties matching your preferences and budget.

Commercial Real Estate Investment

For Indian entrepreneurs and business investors, Spain offers exceptional commercial opportunities. We facilitate purchases of office buildings, retail spaces in prime business districts, hotel and hospitality investments, and industrial properties. Many foreigners have successfully established tourism and rental businesses through strategic commercial property purchase in Spain.

Top 10 Spanish Property Investment Locations for Indians

1. Madrid: The business capital with high demand for long-term rentals from professionals and students, commanding strong property price stability.
2. Barcelona: Cultural hub with tourism-driven rental markets and year-round tenant demand.
3. Marbella: Premier costa del sol destination for luxury coastal living and high-end holiday rentals.
4. Valencia: Growing tech sector, affordable luxury, and the valencian community’s favorable tax environment.
5. Alicante: Costa blanca gateway with international airport access—foreign buyers represented 43.8% of property transactions in this province in 2024.
6. Palma de Mallorca: The balearic islands offer island paradise appeal with year-round rental income potential.
7. Seville: Historic Andalusian charm with emerging good investment opportunities at accessible prices.
8. Bilbao: Industrial strength, Basque culture, and steady capital appreciation in northern Spain.
9. San Sebastián: Premium coastal location near the French border, commanding some of Spain’s highest values per square meter.
10. Granada: Andalusian beauty offering affordable property prices with growing tourist appeal.

Our Complete Legal Process for Indian Property Buyers

Step 1: Initial Consultation and NIE Application

We begin by understanding your investment goals, budget requirements, and timeline. Our team then secures your NIE number (Número de Identificación de Extranjero)—essential for all foreign buyers to buy property, open a spanish bank account, and pay taxes in Spain. We guide you through Spanish banking requirements and help establish your bank account for smooth transactions.

Step 2: Property Search and Due Diligence

Working alongside trusted real estate agency partners, we identify properties matching Indian client preferences. Our comprehensive legal checks include obtaining the nota simple from the land registry to verify ownership, examining property title for debts or liens, and confirming all planning permissions and legal compliance.

Step 3: Contract Negotiation and Legal Protection

Your property lawyer drafts and reviews all contracts—from initial reservation contract to deposit contract to binding contract—with protection clauses favoring your interests. We manage earnest money payments, negotiate favorable terms, and ensure the whole process proceeds smoothly toward completion.

Step 4: Completion and Post-Purchase Support

We accompany you (or your representative under power of attorney) to the notary for signing the public deed. Following completion, we handle land registry registration, tax filings, and ongoing compliance guidance. For qualifying investments, we provide visa application support for residency pathways.

Success Stories from Our Indian Clients

“GrowAndlaw guided us through purchasing our Madrid apartment entirely remotely. From NIE application to final signing, their expertise made buying property in spain as a foreigner completely stress-free.”

– Rajesh M., Tech Entrepreneur, Mumbai

“The team’s deep understanding of both Spanish law and Indian client needs was invaluable. Our Barcelona property now generates excellent rental income while we plan our eventual relocation.”

– The Sharma Family, Delhi

“My costa del sol holiday rental business started with GrowAndlaw’s guidance. They handled every legal check, explained all additional costs upfront, and continue supporting my property management compliance.”

– Priya K., Investor, Bangalore

Frequently Asked Questions

Can Indian citizens buy property in Spain without residency?

Absolutely. Non eu citizens, including Indian nationals, can purchase spanish property freely as non resident buyers. There are no foreign investment restrictions. You will need an NIE number, which we help you obtain through Spanish consulates in India or via power of attorney from within Spain.

What are the total costs for Indian buyers purchasing Spanish property?

Beyond the purchase price, expect additional costs of approximately 10-15% of the total price. These include:

• Property transfer tax (ITP) on resale properties: Varies by autonomous community—6% in Madrid, up to 10-11% in Catalonia or the valencian community
• VAT (10%) plus stamp duty (0.5-2%) on new-build properties
• Notary fees: Typically €600-€1,200
• Land registry fees: Approximately €400-€1,000
• Legal fees: Usually around 1% of purchase price plus VAT
• Notary and registry fees combined with legal representation ensure comprehensive protection

How does the Golden Visa work for Indian investors?

Important Update: Spain’s golden visa program ended on 3 April 2025 under Organic Law 1/2025. The pathway for non-EU citizens to gain residency through €500,000+ real estate investment is no longer available for new applicants.

However, property ownership remains unaffected—Indian citizens can still freely purchase spanish property. Alternative residency options include non-lucrative visas (for those with sufficient passive income), digital nomad visas, and entrepreneur visas for business owners.

Existing golden visa holders retain their status and may renew under original rules.

Do I need to visit Spain to complete the property purchase?

Not necessarily. Many international clients complete purchases remotely through power of attorney granted to their property lawyer. We facilitate video property viewings, digital documentation, and coordinate with notaries who accept properly authorized representatives. However, visiting Spain to view multiple properties before final selection remains advisable when feasible.

What ongoing taxes will I pay as a non-resident owner?

Non residents must pay taxes including:

• Property tax (IBI): Annual municipal tax based on cadastral value
• Non-resident income tax: On rental income (19% tax rate on net income for non-EU owners as of July 2025) or imputed income on vacant properties
• Wealth tax: If net Spanish assets exceed threshold (typically €500,000-€700,000)
• Capital gains tax on sale: Flat 19% on profits for non-residents

Contact GrowAndlaw LEGAL PARTNERS S.L.P.

Get Started with Your Spanish Property Investment Today!

Spain’s spanish property market offers exceptional opportunities for Indian foreign buyers seeking capital appreciation, rental income, and European lifestyle access. With over a decade of experience serving international buyers, GrowAndlaw LEGAL PARTNERS S.L.P. provides the right guidance every step of your property investment journey.

Phone: +34 XXX XXX XXX
Email: info@GrowAndlaw.es
Address: Madrid, Spain

Hindi and English language support is available for all Indian clients.

Transform your investment goals into Spanish property ownership. Contact us today for your free consultation.