Buying Property in Spain for Belgian Citizens
Are you a Belgian citizen looking to buy property in Spain? Tomas Ballestero Lawyers has extensive experience helping Belgian buyers from both Flanders and Wallonia purchase property on the Costa Blanca. Our team speaks English, French and Spanish, and understands the specific needs of Belgian property buyers in Spain.
What Belgian Buyers Need to Know
As an EU citizen, you can freely purchase property in Spain. The process differs from buying in Belgium. In Spain, there is no equivalent of the Belgian notarial system where the notaris/notaire handles everything. You need your own independent lawyer to protect your interests. Our firm provides this crucial legal protection.
Key Differences from Belgian Property Law
Tax Implications for Belgian Property Owners
Belgium and Spain have a double taxation treaty. Belgian tax residents must declare Spanish property in their belastingaangifte/declaration fiscale. The cadastral value of the Spanish property should be declared. When selling, Spanish capital gains tax applies but is credited under the treaty.
Areas Popular with Belgian Buyers
Belgian buyers are attracted to the Costa Blanca, particularly Javea, Moraira, Denia, Altea. We serve all these areas and the wider Valencia region.
Frequently Asked Questions
What are the total costs of buying property in Spain?
Can I buy in my own name or through a company?
Most Belgian buyers purchase in their own name. Buying through a company is possible but has different tax implications. Our lawyers can advise on the best structure for your situation.
Do I need to speak Spanish?
No. Our team handles all communication in English and French. All legal documents are explained clearly before you sign.
Contact us today for a free consultation.
Call us+34 965 792 946 or +34 607 320 768
Email[email protected]
