Property Transfer Tax in Spain: What Buyers in Costa Blanca North Need to Know About ITP

Property buyer reviewing Form 600 paperwork for Property Transfer Tax in Spain during a home purchase process.

If you are buying a resale property in Spain, one of the most important taxes to understand is ITP, short for Impuesto sobre Transmisiones Patrimoniales. In English, people usually call this Property Transfer Tax. It applies when you buy a property from a private owner, rather than directly from a developer. Spain regulates the tax … Read more

What Is a Spanish NIE Number? And Do You Need It?

Spanish flag representing the process of obtaining a Spanish NIE Number for residency or property purchases.

Securing a foothold in Spain—whether through property ownership, business investment, or long-term living—requires one crucial document: the Spanish NIE number. Without it, even straightforward transactions such as opening a bank account or signing a purchase contract can stall before they begin. This permanent identification and tax number is the key that allows foreign nationals to … Read more