Buying off-plan in Spain: a step-by-step guide

Buying off-plan means purchasing a home before it is completed. Developers usually ask for a reservation deposit, followed by staged payments during construction.

By law, staged payments must be protected by a bank guarantee or insurance policy, so your money is returned if the project is not delivered.

Always appoint an independent lawyer, obtain your NIE number early and budget around 10–13% on top of the price for taxes and fees.