Yes, foreigners can buy property in Marbella and on the Golden Mile without any restrictions. Spain is known for its favorable property laws for non-residents, which makes it an attractive destination for international buyers.
Whether you’re purchasing a villa, an apartment, or a townhouse, the process is relatively straightforward, although it’s essential to work with a local real estate agent and ensure that all the necessary legal requirements are met. Many international buyers choose to work with lawyers to navigate the legalities of property ownership in Spain, including the acquisition of an NIE number (Foreign Identification Number) and tax registration.
In addition to purchasing properties for personal use, many foreign buyers also invest in luxury properties on the Golden Mile as part of a property portfolio for capital appreciation or rental income.
For more information about properties in Spain, visit Properties for Sale in Spain.
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