Madrid’s real estate market can move fast — but rushing into a purchase without legal checks is a costly mistake, especially for foreign buyers. At Borderless Lawyers, we conduct thorough legal due diligence on all Madrid property purchases, ensuring you’re protected before signing any contracts. ✅ What Is Real Estate Due Diligence in Spain? It’s […]

An arras contract (also known as a contrato de arras) is a binding deposit agreement signed before the final property purchase in Spain. It outlines: Price Payment terms Timeline Penalties for withdrawal In Madrid, it’s standard practice to sign an arras contract before going to the notary. 🛡️ Why Is the Arras Contract So Important?

With a Spanish Power of Attorney (POA), our lawyers can handle the entire property purchase in Madrid on your behalf — legally, securely, and efficiently. This is the preferred method for: 🇺🇸 U.S., UK, and Canadian buyers 🌐 Expats or non-residents living abroad 🏢 Investors buying multiple properties 🧳 Buyers who want to avoid unnecessary

Before you can buy any property in Spain, you must obtain a NIE (Número de Identificación de Extranjero) — a unique tax ID number for foreigners. Even if you don’t plan to live in Spain, the NIE is legally required for: Signing the deed of sale Paying property taxes Opening a bank account Registering the

Can Foreigners Buy Property in Madrid? Yes — foreigners can legally buy property in Madrid, whether they are residents, non-residents, or investors from outside the EU. There are no restrictions on nationality or residency status. However, the legal process is complex, and buyers must comply with Spanish property law, tax rules, and registration requirements. At