Buying property in Valencia as a foreigner involves more than choosing the right home. You need to follow a structured legal process to ensure the purchase is valid, debt-free, and officially registered.
At Borderless Lawyers, we manage each step of the legal process for foreign buyers — from NIE to keys-in-hand — so you can buy with total confidence.
🟦 Step 1: Obtain NIE (Foreigner ID Number)
The NIE (NĂşmero de Identidad de Extranjero) is essential for:
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Buying property
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Opening a bank account
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Paying taxes
âś… We can request your NIE via Power of Attorney without you having to travel.
🏦 Step 2: Open a Spanish Bank Account
Used to:
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Send payments to the seller
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Pay taxes and fees
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Set up utilities
âś… We assist with account opening and documentation.
đź“„ Step 3: Sign the Contrato de Arras
Once due diligence is complete:
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Sign a reservation contract (arras)
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Pay a 10% deposit
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Agree on the notary date and price
âś… We draft or review the arras to protect your interests.
🕵️ Step 4: Complete Legal Due Diligence
Before signing the public deed, we verify:
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Ownership and title
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Debts, liens, or mortgages
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Urban planning status
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Building permits and legal compliance
âś… This protects you from buying a property with legal risks.
🏛️ Step 5: Sign the Notary Deed (Escritura Pública)
At the notary:
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Buyer and seller (or their lawyers) sign the deed of sale
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Final payment is made
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Notary certifies the transaction
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Taxes become payable
✅ We attend and sign on your behalf if you’ve granted us Power of Attorney.
đź’° Step 6: Pay Property Taxes and Fees
Immediately after signing, we calculate and pay:
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Transfer tax (ITP) or VAT + Stamp Duty
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Notary and registration fees
âś… We file all tax forms on time to avoid penalties.
🗂️ Step 7: Register the Property
We register the deed at the Land Registry (Registro de la Propiedad) to:
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Officially transfer ownership
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Update cadastral and tax records
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Protect your legal title
📄 Registration usually takes 2–4 weeks.
🔌 Step 8: Update Utilities & Community Records
We help:
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Transfer utilities into your name
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Notify the homeowners’ association (comunidad)
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Set up payment for local property tax (IBI)
âś… Ensures your ownership is complete and functional.
đź’¬ Final Word
Following the correct legal process in Valencia ensures your property purchase is safe, recognized, and free of future problems.
At Borderless Lawyers, we handle everything from start to finish — whether you’re in Spain or abroad.
đź“ž Contact us to begin your property purchase in Valencia with expert legal support every step of the way.