The complete guide to buying property and living in Spain

For decades, Spain has stood as one of Europe’s most attractive destinations for those dreaming of sunshine, culture, and a better quality of life. Whether you are interested in buying property in Spain as an investment, relocating for retirement, or simply experiencing Mediterranean living, the country offers unique opportunities.

This guide brings together everything you need to know about buying property, moving to Spain, the cost of living, and the lifestyle that makes Spain so desirable.

Browse homes for sale in Spain with Bostello.com and take the first step toward your new life.

Why buy property in Spain?

Spain consistently ranks among the top countries for foreign real estate investment. There are three main reasons: lifestyle, affordability, and returns.

1. Lifestyle appeal
   With more than 300 days of sunshine along the Mediterranean coast, a relaxed lifestyle, world-class gastronomy, and cultural heritage, Spain is a destination that blends leisure and community living. For many, buying a property in Spain is less about financial return and more about personal enrichment.
2. Property market trends
   Foreign buyers represent more than 12% of all property transactions in Spain, according to data from the Consejo General del Notariado. Regions such as Alicante, Costa del Sol, and the Balearic Islands are particularly attractive. Even after global economic shifts, Spanish real estate has shown resilience.
3. Investment potential
   Rental yields in tourist hotspots like Alicante and Marbella can range between 4–7%. This makes buying property in Spain not just a lifestyle decision but also a sound investment.

→ Learn more about the process and taxes in our Spain property buying guide.

Moving to Spain – what you need to know

Relocating to Spain can feel overwhelming, but the process is manageable with the right preparation.

Residency options
EU citizens can live in Spain with relative ease, while non-EU nationals may apply for long-term visas. The most popular option for property buyers is the Golden Visa, which grants residency to those investing €500,000 or more in real estate.

The NIE number
Every foreign buyer needs a Número de Identificación de Extranjero (NIE). This is required for purchasing property, opening bank accounts, and handling taxes.

Who is moving to Spain?

• Retirees attracted by climate and healthcare.
  
• Digital nomads seeking connectivity and affordable living.
• Families drawn to international schools and safe neighborhoods.

→ Explore more in our living in Spain guide.

Cost of living in Spain compared to Europe

Spain offers one of the best “cost-to-quality” ratios in Europe. Housing, food, and healthcare remain affordable, although regional variations exist.

While Madrid and Barcelona are more expensive, regions like Alicante or Valencia offer excellent value. Retirees especially appreciate the lower costs for healthcare and fresh produce.

→ For details, visit our Spain cost of living page.

The lifestyle and culture of living in Spain

Living in Spain is not only about property or costs. The true appeal lies in its culture.

Food and traditions
From tapas nights to paella Sundays, Spanish cuisine is a cornerstone of daily life. Festivals such as La Tomatina in Buñol and Feria de Abril in Seville bring color and energy to communities.

Healthcare
Spain’s public healthcare system is ranked among the best in Europe. Many expats also choose private insurance for faster access.

Education
With a mix of public, private, and international schools, families can choose from a variety of education paths.

Expat communities
Areas like Costa Blanca and Costa del Sol host vibrant expat communities, easing the transition for newcomers.

→ Explore Spain’s festivals and attractions

Best regions to live and invest in Spain

Spain’s diversity is one of its strongest appeals. Whether you seek a cosmopolitan lifestyle or a tranquil coastal retreat, there is a region for every taste.

• Alicante (Costa Blanca): Sun-drenched, affordable, strong expat base.
• Costa del Sol: Glamorous, golf courses, high rental demand.
• Valencia: Vibrant city, affordable housing, cultural capital.
• Madrid: Spain’s political and economic hub.
• Barcelona: International, cultural, dynamic property market.
• Balearic Islands: Mallorca, Ibiza – lifestyle destinations with premium prices.
• Canary Islands: Warm climate year-round, growing digital nomad hub.

→ Explore detailed guides to each Spanish region.

Challenges of buying and living in Spain

No move is without challenges. It is best to prepare for:

• Language barrier: While English is common in tourist zones, Spanish is needed for bureaucracy.
• Bureaucracy: Paperwork can be time-consuming without local help.
• Seasonality: In tourist regions, high seasons affect prices and community rhythms.

Practical tips:

• Work with a bilingual lawyer.
• Join expat communities to share advice.
• Prepare documents early for smoother processes.

How Bostello.com helps you navigate Spain’s property market

Bostello.com was built to connect international buyers with trusted real estate agents in Spain.

• Verified listings: Accurate, up-to-date homes.
• Local expertise: Connect directly with experienced agents.
• Multi-language platform: Navigate Spain’s real estate market in your preferred language.

Talk to a local agent today and discover the right property for your needs.

Start your Spain journey today

Spain offers more than just property. It is a lifestyle, a community, and an investment in your future.

Whether you are considering buying property in Spain, exploring the cost of living, or planning your move, Bostello.com is here to guide you.

See property listings in Alicante and take your first step toward life in Spain.

FAQ – buying and living in Spain

What are the costs of buying property in Spain?

Expect an additional 10–15% on top of the purchase price for taxes, notary, and legal fees.

Can foreigners buy property in Spain?

Yes. There are no restrictions on foreigners buying real estate in Spain.

Is healthcare in Spain free for expats?

Public healthcare is accessible to residents, but many expats choose private insurance for faster service.

What is the Golden Visa and how does it work?

It grants residency to non-EU nationals who invest at least €500,000 in Spanish real estate.

What is the average cost of living in Spain per month?

A couple can live comfortably on €1,800–€2,500 per month outside major cities.