In Barcelona Spain: Buying Property

This binding preliminary contract requires you to pay a deposit (usually 10% of the purchase price). If you back out, you lose the deposit; if the seller backs out, they generally must pay you double.

Opening a local bank account is highly recommended to facilitate secure wire transfers, mortgage payments, and tax settlements. buying property in barcelona spain

Fees for your independent solicitor and potential buyer-agent commissions. ⏱️ Step-by-Step Purchase Timeline This binding preliminary contract requires you to pay

Applied to brand new builds (10% VAT + stamp duty) instead of ITP. Costs for the public notary and property registry filing. Legal & Agent Fees you lose the deposit

Once you find a flat, you make an offer and sign a reservation document ( reserva ). Have your lawyer review this before signing.