Buying in Spain: The Complete Guide for Belgians

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Buying in Spain: The Complete Guide for Belgians

Buying in Spain: The Complete Guide for Belgians

Buying real estate in Spain from Belgium is an exciting project — but one with specifics that are best mastered from the outset.

The first essential step: obtaining your NIE (Número de Identidad de Extranjero). This tax number is mandatory for any real-estate transaction in Spain. The process can be done at the Spanish consulate in Belgium or directly on site.

On taxation, buying in Spain involves several taxes: ITP (Impuesto de Transmisiones Patrimoniales) of 7 to 10% for resale properties, or VAT of 10% for new builds, plus AJD (Actos Jurídicos Documentados) of around 1.5%.

The notary’s role differs considerably from Belgium. In Spain, the notary does not verify the legal status of the property — that’s the buyer’s due diligence to perform. This is precisely where a buyer’s agent like NOMA makes all the difference.

Finally, don’t forget double taxation: as a property owner in Spain, you’ll need to declare your income (real or imputed) in both countries. Good upfront tax planning will save you many surprises.

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