propertysotogrande.es

  The prospect of buying property in Spain — whether for leisure, business, or investment purposes — is enticing. You could be especially attracted to the idea of buying property in Sotogrande due to this coastal community’s stunning views of the Mediterranean Sea and the Rock of Gibraltar. However, if you don’t currently live in Spain, you might wonder whether snapping up property in this southwestern part of Europe would be a practical possibility for you. Fortunately, you could be somewhat reassured by the answer, as the obstacles are not necessarily too tricky to overcome. What are the legal requirements for acquiring a Spanish property? Technically, as a foreigner, you would actually face only one legal requirement: that of holding what is called a NIE (Número de IdentificacióndelExtranjero). Without a NIE, you are barred from undertaking any transaction in Spain. You must have a NIE already at hand before you sign or are issued any documents in Spain, as the NIE will...