Buying property in Spain as a German citizen

As an EU citizen, you have the right to buy property and reside in Spain without a visa. The process is simpler than for non-EU citizens.

• No visa required to reside in Spain.
• You can apply for the EU Citizen Registration Certificate (green card) if you plan to stay longer than 3 months.
• Access to mortgages on the same terms as residents (up to 80% of appraised value).

Taxes and costs in the Valencia Region:

ITP (Transfer Tax)	10% of the declared price
AJD (Stamp Duty)	1.5% (new builds only)
Notary fees	0.5% - 1%
Land Registry	0.3% - 0.5%
Lawyer	~1% (recommended)
Plusvalía (municipal capital gains)	Variable (~0.5% - 1%)

Estimated total: 12% to 14% of the purchase price.

Spain and Germany have a double taxation agreement (DBA), which prevents you from being taxed twice on the same income:

• Rental income from Spanish property is taxed in Spain (IRNR at 19% for EU residents).
• In Germany, you must declare this income, but the exemption with progression method applies.
• Capital gains on sale are taxed in Spain and reported in Germany with a credit for tax paid.