Buying Property in Spain Before Tax Increases: A Golden Opportunity for Non-EU Foreigners

Mar 25, 2025


If you're a non-EU foreigner considering buying property in Spain, now is the perfect time to act. While no official tax increases have been approved yet, there is growing speculation about possible fiscal changes that could make property purchases more expensive in the near future. Investing now, especially in cities like Seville, allows you to take advantage of current conditions and avoid potential cost increases.

Why Buy Property in Spain Now?
Spain remains one of the most attractive destinations for international property buyers. Whether you're looking for a second home, an investment property, or a retirement residence, buying now offers several key advantages:

1. Potential Tax Increases on the Horizon
There are ongoing discussions about potential tax hikes for property purchases in Spain. While nothing is confirmed, waiting could mean higher costs in the future. Securing your investment now ensures you benefit from the current tax structure.

2. Seville: A High-Value Investment Destination
Seville is one of Spain’s most sought-after cities, offering:

Lower property prices compared to Madrid and Barcelona
A booming rental market, ideal for both short-term and long-term leases
A high quality of life, with great weather, history, and culture
3. The Spanish Golden Visa: Residency Through Investment
Non-EU buyers who invest €500,000 or more in Spanish real estate can apply for the Golden Visa, granting them legal residency in Spain. This is an excellent opportunity for those looking to secure a home and a foothold in Europe.

What You Need to Buy Property in Spain
If you are a non-EU buyer, the purchasing process is straightforward but requires a few key steps:

Obtain a NIE (Foreigner Identification Number)
Open a Spanish bank account
Pay applicable property taxes (VAT or Transfer Tax, depending on the type of property)
Act Now Before Prices and Taxes Increase
With the possibility of future tax changes, waiting could mean paying significantly more for your dream home in Spain. If you’re considering buying property in Seville or other Spanish cities, now is the time to act. Secure your investment today and enjoy the benefits of owning property in one of Europe’s most beautiful destinations.