7 Mistakes Foreign Buyers Make in Spain

Buying property in Spain can be exciting — but getting the details wrong can be expensive.

Swipe to discover what to avoid.

1

The property price isn't the full cost. Buyers also need to budget for taxes, notary and registration costs, legal fees, mortgage costs where applicable, and other purchase expenses. Always calculate your total buying budget before making an offer.

Underestimating Buying Costs

2

Buying property in Spain isn't the same as buying at home. From checking the property's legal status to reviewing contracts and completing the purchase, there are important steps to understand. Know the process before you commit.

Not Understanding the Legal Process

3

Location matters more than you might think. A property marketed as being in “Marbella” could actually be in a neighbouring municipality or a different area of the Costa del Sol. Check the exact location — not just the marketing description.

Assuming “Marbella” Means Marbella

4

The agent isn't your lawyer. An independent Spanish property lawyer can check the property's legal position, contracts, debts, planning issues and other important details. Independent advice can help protect your purchase.

Skipping Independent Legal Advice

5

The asking price isn't necessarily the property's true value. Two similar properties can have very different asking prices depending on location, condition, views, development, and other factors. Research comparable properties before deciding what you're willing to pay.

Confusing Asking Price With Market Value

6

Buying is only the beginning. Property owners may have ongoing costs such as local property tax, community fees, insurance, utilities, maintenance and other expenses. Understand the annual cost of ownership — not just the purchase price.

Forgetting Ongoing Ownership Costs

7

A holiday destination isn't always the same as a great place to live. Think about access to shops, schools, healthcare, transport, beaches, restaurants and your lifestyle throughout the year. Visit the area at different times before making your decision.

Buying Before Understanding the Area

Avoid the common mistakes and make your purchase with confidence.

Get the information you need before you buy.

Read our complete Spain Property Buying Guide