Spain has established itself as one of the preferred destinations for Polish citizens wishing to purchase a second home, relocate permanently, or invest in the real estate market. Areas such as the Costa Blanca, and especially Torrevieja, stand out for their climate, quality of life, and legal stability. However, before beginning the purchase process, it is essential to understand the legal aspects that specifically affect Polish citizens.

The first essential step is to obtain your NIE (Foreigner Identification Number). This document is mandatory for any legal or tax transaction in Spain, including buying or selling a property. Without an NIE, it is not possible to sign contracts, pay taxes, or register the property. Furthermore, you will need to open a Spanish bank account to manage the payment for the property, taxes, and associated expenses.

Before signing any document, it is essential to conduct a thorough legal review of the property. This includes checking ownership in the Land Registry, verifying that there are no mortgages, liens, or other encumbrances, and confirming that the property complies with current building regulations. Many Polish citizens are unaware that a property can have legal irregularities even if it is occupied or appears to be in good condition.

Another key moment in the process is the signing of the earnest money contract. This contract establishes the main conditions of the sale and usually involves the payment of a deposit. Incorrect drafting can result in the loss of this money or lead to subsequent legal disputes, so it is highly recommended that it be reviewed by a lawyer specializing in Spanish real estate law.

From a tax perspective, Polish citizens should be aware that purchasing a property in Spain entails paying taxes, such as Property Transfer Tax or VAT and Stamp Duty, depending on the type of property. Furthermore, once the property is acquired, there will be annual tax obligations, even if the owner does not reside permanently in Spain. Although Poland and Spain have double taxation treaties, proper tax planning is essential.

Having specialized legal advice from the start allows buying a home in Torrevieja to be a safe, transparent and surprise-free process, protecting the investment and guaranteeing compliance with Spanish regulations.

Request an appointment with A&G Lawyers and receive personalized legal advice to buy your home in Spain with complete security.