Madrid is a thriving real estate market, but foreign buyers face risks that locals don’t — from language barriers to hidden debts and confusing contracts. At Borderless Lawyers, we’ve helped hundreds of clients avoid costly errors. Here’s what you need to know. ❌ 1. Signing Contracts Without Legal Review Many foreign buyers sign the arras […]

Spanish inheritance and gift tax (Impuesto sobre Sucesiones y Donaciones) applies to all Spanish-based assets, including Madrid property — even if the heirs are abroad. But Madrid offers some of the most favorable tax reductions in Spain — especially for close family members. 🏡 Who Pays Inheritance or Gift Tax in Madrid? The recipient (heir

You’re not alone. Many foreign buyers — especially from the U.S., UK, Canada, and the UAE — purchase real estate in Madrid completely remotely. At Borderless Lawyers, we handle every legal step for you with a Spanish Power of Attorney (POA). 🧾 What Is a Power of Attorney (POA) in Spain? A Poder Notarial is

Madrid offers excellent opportunities for international buyers, but understanding property taxes and legal fees is essential to avoid surprises. Here’s a breakdown of what you’ll pay — and how we help you navigate every step. 💰 1. Transfer Tax (ITP) – Resale Properties If you’re buying a second-hand property (from a private individual), you’ll pay:

Madrid is a top destination for international property buyers — but navigating Spanish real estate law can be risky without the right legal guidance. This 10-step legal checklist will help you buy safely, avoid surprises, and protect your investment. ✅ 1. Apply for an NIE (Foreigner ID Number) Before doing anything, get your NIE (Número