Real estate investment in Spain
The sale of real estate to foreign investors is not limited in Spain: one can buy and sell housing and commercial real estate or rent it out.
Statistics confirm the liquidity of investments: residential real estate prices grow by an average of 1,3% every quarter. Five years ago, an apartment of 100 m² cost €203,000, and today it is sold for €253,000.
€2,533
Average price per 1 m² of housing in Spain
€500,000
Minimum investment amount to get permanent residence
6—12%
Buyers’ related expenses, of the transaction amount
How the residential property price index is growing in Spain
Cost of a 3-bedroom apartment in Spain
€2 million
Apartment in the centre of Madrid or Barcelona
€500,000
Apartment with a sea view, 500 metres from the beach
€200,000
Apartment in 2 kilometres
from the sea
Investment real estate in Spain
Spain, Marbella
163 m² — 309 m²
2—4 
2—4 
Spain residence permit or citizenship by real estate investment
Spain has a state residence permit program for investors. A residence permit is obtained by purchasing real estate worth at least €500,000. A residence permit is valid for two years and renews for another five years. Investors with Spain residence permits travel across the Schengen Area without visas.
It is not necessary to live in Spain if there are no plans to obtain permanent residence or citizenship.
Advantages of a real estate investment in Spain
Spain is one of the most attractive countries for property investments in Europe. Its location, safety, rich history and developed infrastructure create a favourable investment environment for expats and immigrants in the real estate market.
Easy access to the country. Spain, with the most accessible entry to Europe, has many routes from other parts of the world, such as the USA. In addition, Spain has connections with countries such as France and Portugal and is a gateway to Africa.
Investment return. The return on investment in real estate in Spain is achievable. There are options here with positive returns, thanks to strong rental demand, the role of tourism and an expanding real estate market.
Growth in immigration and tourism. More and more people decide to move to Spain to improve their quality of life. It is a great benefit as the demand for apartments for rent tends to rise.
Plan B and moving to Spain. A residence permit by real estate purchase allows you to travel to Spain anytime, even if the borders are closed for foreigners without residency.
Expanding real estate market. The availability of real estate transactions is growing. There is a wide range of investment options — greater availability of buildings and apartments for sale or more companies building different real estate types.
Taxes and associated costs
Countries to buy a property and get residency or citizenship
We offer proven properties that comply with the conditions of government programs for investors. You can buy real estate and obtain a residence permit or citizenship.
Malta11 properties
€300,000+
Permanent residency
6+ months
Show 11 properties
Grenada18 properties
$270,000+
Citizenship
8+ months
Show 18 properties
UAE103 properties
AED 750,000+
Residence permit
2+ months
Show 103 properties
Spain36 properties
€500,000+
Residence permit
5+ months
Show 36 properties
Portugal68 properties
Not limited
Residency after D Visas
6+ months
Show 68 properties
Show all countries40+ guides with European countries
Find out how much it costs to buy and rent real estate in each country, what the market dynamics are and what taxes you need to pay when buying and selling.
Material prepared by Igor Buglo, Head of the Maltese office, MBA